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McKinsey & Company, Inc., often referred to simply as McKinsey, is a leading player in the Other Management Consulting Services industry, headquartered in the United States. Founded in 1926, the firm has established a formidable presence across major operational regions, including North America, Europe, and Asia, providing strategic insights to a diverse range of sectors.
Specialising in management consulting, McKinsey offers core services such as organisational strategy, operational efficiency, and digital transformation. What sets McKinsey apart is its data-driven approach and commitment to delivering tailored solutions that drive sustainable growth for clients. With a reputation for excellence, McKinsey consistently ranks among the top consulting firms globally, recognised for its innovative methodologies and impactful results.
+37 vs industry average
McKinsey & Company, Inc.’s score of 76 is higher than 80% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Other Management Consulting Services is among the least carbon-intensive industries
The Other Management Consulting Services industry has reduced its overall emissions by 27% since 2018
Scope 3 accounts for ••• of total emissions.
McKinsey & Company, Inc., an Other Management Consulting Services company headquartered in the US, has demonstrated a commitment to reducing its carbon emissions.
In 2024, McKinsey & Company reported Scope 1 emissions of 6,000,000 kg CO2e, Scope 2 emissions (market-based) of 1,000,000 kg CO2e, and partial Scope 3 emissions including 532,900,000 kg CO2e from business travel and 35,500,000 kg CO2e from purchased goods and services.
Looking back, in 2023, the company's Scope 1 emissions were 8,000,000 kg CO2e, with market-based Scope 2 emissions at 1,000,000 kg CO2e. In 2022, Scope 1 emissions were 10,000,000 kg CO2e and market-based Scope 2 emissions were 3,000,000 kg CO2e. For 2021, Scope 1 emissions stood at 12,000,000 kg CO2e and market-based Scope 2 emissions were 3,000,000 kg CO2e. In 2020, Scope 1 emissions were 12,000,000 kg CO2e and market-based Scope 2 emissions were 3,000,000 kg CO2e. In its 2019 baseline year, McKinsey & Company reported Scope 1 emissions of 15,000,000 kg CO2e and market-based Scope 2 emissions of 3,000,000 kg CO2e.
McKinsey & Company has set ambitious climate commitments validated by the Science Based Targets initiative (SBTi). The company aims for net-zero greenhouse gas emissions across its value chain by 2050.
For near-term targets, McKinsey & Company commits to reducing absolute Scope 1 and 2 GHG emissions by 25% by 2025 from a 2019 baseline year. Additionally, they aim to reduce Scope 3 GHG emissions from business travel by 35.3% per full-time equivalent (FTE) within the same timeframe. Further near-term targets include a 64.5% absolute reduction in Scope 1 and 2 GHG emissions by 2030 from a 2019 base year, and a 55% reduction in Scope 3 GHG emissions from business travel per FTE by 2030.
Long-term targets include a 90% absolute reduction in Scope 1 and 2 GHG emissions by 2050 from a 2019 baseline, and a 97% reduction in Scope 3 GHG emissions from business travel per FTE by 2050. The company has also committed to achieving net-zero climate impact by 2030 and has signed The Climate Pledge.
2050
90% reduction in Scope 2
McKinsey & Company commits to reduce absolute scope 2 GHG emissions 90% by 2050 from a 2019 base year.
2050
90% reduction in Scope 1
McKinsey & Company commits to reduce absolute scope 1 GHG emissions 90% by 2050 from a 2019 base year.
2030
64.5% reduction in Scope 2
McKinsey & Company commits to reduce absolute scope 2 GHG emissions 64.5% by 2030 from a 2019 base year.
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PCAF scored Scope 1, 2 and 3 for 2M+ organizations, including private ones.
Common questions about McKinsey & Company, Inc.’s sustainability data and climate commitments
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