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McKinsey & Company, Inc.

McKinsey & Company, Inc.

Location

Global

Company size

45000

Industry

Services
Services: Financial and related services

Target

McKinsey & Company, Inc. commits to becoming Net Zero by 2030 from a 2019 baseline year.

McKinsey & Company, Inc. is a global management consulting firm that serves a broad mix of private, public, and social sector institutions. It operates in over 120 cities globally, with prominent operational locations in the United States, Europe, and Asia. The firm has no significant subsidiaries, as it operates primarily as a single, integrated partnership. As of 2022, McKinsey employs approximately 30,000 people worldwide, including both consultants and professional staff.

Target details
Base Year
2019
Near-term
Target details not available
Scope 1:
25%
by
2025
Scope 2:
25%
by
2025
Scope 3:
by
Long-term
Target details not available
Scope 1:
by
Scope 2:
by
Scope 3:
by
Net-Zero
2030
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0.0000365
kgCO2e/
USD
Carbon intensity ratio by revenue
548.00
MTCO2e
Total emissions
15000000000.00
USD
Annual revenue
Scope 1
10.00
MTCO2e
Emissions data not available
Scope 2
Emissions data not available
MTCO2e
Market-based:
3.00
MTCO2e
Location-based:
19.00
MTCO2e
Scope 3
519.00
MTCO2e
Emissions data not available
Emissions breakdown by GHGP scopes
C1: Purchased goods and services
MTCO2e
C2: Capital goods
MTCO2e
C3: Fuel- and energy-related activities not included in S1/S2
MTCO2e
C4: Upstream transportation & distribution
MTCO2e
C5: Waste generated in operations
MTCO2e
C6: Business travel
MTCO2e
C7: Employee commute
MTCO2e
C8: Upstream leased assets
MTCO2e
C9: Downstream transportation & distribution
MTCO2e
C10: Processing of sold products
MTCO2e
C11: Use of sold products
MTCO2e
C12: End-of-life treatment of sold products
MTCO2e
C13: Downstream leased assets
MTCO2e
C14: Franchises
MTCO2e
C15: Investments
MTCO2e
Uncategorised
519.00
MTCO2e
Scope 3 breakdown
Electric vehicles
Scope 1
Transportation Solutions (Electric and Hybrid Vehicles)

We have introduced EV-only vehicle policies in Germany, Austria, Belgium, Luxembourg, the Netherlands, and Switzerland—effectively covering more than 50 percent of our global car fleet. Our use of hybrid and EV cars has increased threefold globally since 2019—from 9 percent in 2019 to 27 percent in 2022.

Employee engagement
Scope 3
Behavioral and Cultural Change (Employee Education and Engagement)

More than 1,200 colleagues were members of our 120 Green Teams in 2022—representing nearly every office. The teams helped build awareness, reduce the firm’s environmental footprint, and mobilize our more than 45,000 colleagues to invest their time and effort in local activities to reduce our collective footprint. These ranged from eliminating single-use plastic and improving water efficiency to educating teams about sustainable travel options.

Project investment
Scope 3
Transportation Solutions (Alternative Fuels)

We are committed to helping scale up the use of sustainable aviation fuel (SAF). We are founding members of the Sustainable Aviation Buyers Alliance and signatories to the World Economic Forum’s Clean Skies for Tomorrow 2030 Ambition Statement , targeting 10 percent SAF by 2030. We are partnering with clients to enable SAF production and offtake.

Remote working
Scope 3
Transportation Solutions (Employee Commuting Initiatives)

Our teams are implementing hybrid and remote working models that are more sustainable, inclusive, and productive. For example, we introduced a new event planning tool that optimizes travel by identifying the location and transportation options with the lowest carbon footprint. To ensure lasting change, we launched two major initiatives in 2022.

Renewable energy (Combined)
Scope 2
Renewable Energy Adoption (General)

As part of our commitment to the RE100 climate group, we source renewable electricity aligned with RE100 criteria in every country where it’s currently available. This means we have shifted 97 percent of our total consumed electricity to renewable sources and aim to reach 100 percent by 20.

Transforming offices to new ones
Scope 2
Energy Efficiency (Building Design and Insulation)

Sixty-one percent of our global office space is in LEED certified (or equivalent) commercial interiors or office buildings; 49 percent of our global office space is in LEED Gold or Platinum (or equivalent) certified commercial interiors or office buildings.

Virtual recruitment process
Scope 3
Energy Efficiency (Industrial Processes Optimisation)

We have designated a Senior Partner Science-Based Target Leader per region. Each is accountable for delivering our Scope 3 science-based target and regularly reports progress to our Acceleration Team. The use of technology throughout our recruiting process allows for greater accessibility and convenience for applicants.

In 2022, we held more than 115,000 virtual interviews and recruiting events, allowing potential candidates to learn more about us and the work we do from their homes, reducing our carbon footprint.

Water recycling
Scope 3
Waste Reduction and Management (Water Conservation)

Given the nature of our operations, our environmental footprint is not water intensive. Therefore, we do not measure our water withdrawals globally. In 2022, 61 of our 189 operating locations were in areas of high or extremely high baseline water stress.

To date, 24 of these 61 locations have achieved green building certification. We will continue to minimize our water consumption while contributing to structural solutions—for example, by supporting the UN Water Resilience Coalition as a knowledge partner and adviser.

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