Climate Change Data

McKinsey & Company

Climate Impact & Sustainability Data (2021, 2022)

Reporting Period: 2021

Environmental Metrics

Total Carbon Emissions:Not disclosed
Scope 1 Emissions:Not disclosed
Scope 2 Emissions:Not disclosed
Scope 3 Emissions:Not disclosed
Renewable Energy Share:Not disclosed
Total Energy Consumption:Not disclosed
Water Consumption:Not disclosed
Waste Generated:Not disclosed
Carbon Intensity:Not disclosed

ESG Focus Areas

  • Sustainability

Environmental Achievements

  • Not disclosed

Social Achievements

  • Not disclosed

Governance Achievements

  • Not disclosed

Climate Goals & Targets

Long-term Goals:
  • Not disclosed
Medium-term Goals:
  • Not disclosed
Short-term Goals:
  • Not disclosed

Environmental Challenges

  • Meeting ambitious sustainability goals across the entire value chain in the consumer goods industry.
Mitigation Strategies
  • Developing a sustainability strategy and roadmap, focusing on realistic goals, planning the transformation, ensuring implementation and tracking progress, and creating transparency.

Supply Chain Management

Supplier Audits: Not disclosed

Responsible Procurement
  • Sustainable sourcing of materials

Climate-Related Risks & Opportunities

Physical Risks
  • Not disclosed
Transition Risks
  • Not disclosed
Opportunities
  • Development of green technologies

Reporting Standards

Frameworks Used: Null

Certifications: Null

Third-party Assurance: Not disclosed

UN Sustainable Development Goals

  • Not disclosed

Not disclosed

Sustainable Products & Innovation

  • Not disclosed

Awards & Recognition

  • Not disclosed

Reporting Period: 2022

Environmental Metrics

Total Carbon Emissions:532000 tCO2e
Scope 1 Emissions:10000 tCO2e/year
Scope 2 Emissions:3000 tCO2e/year
Scope 3 Emissions:519000 tCO2e/year
Renewable Energy Share:97%
Total Energy Consumption:92933 MWh/year
Water Consumption:Not disclosed
Waste Generated:Not disclosed
Carbon Intensity:13.1 tCO2e per colleague (2022)

ESG Focus Areas

  • Environmental Sustainability
  • Social Inclusive growth
  • Governance Responsible practices

Environmental Achievements

  • 30% reduction in absolute Scope 1 and Scope 2 emissions in 2022 (vs. 2019 baseline)
  • 48% reduction in Scope 3 emissions from travel per colleague in 2022 (vs. 2019 baseline)
  • 97% renewable electricity toward our goal of 100% by 2025
  • Launched Frontier, a new $1+ billion advance market commitment to purchase permanent carbon removal before 2030
  • Introduced a global internal carbon fee on all air travel

Social Achievements

  • $140B in value and 20,000+ jobs created by the 190+ new businesses imagined, scaled, and built through Leap by McKinsey
  • ~$620M contributed in cash and in-kind support since 2020 toward our $2 billion commitment to social responsibility by 2030 ($275+ million this year)
  • 48% global workforce were women, and 52% of client-serving US colleagues were from racial or ethnic minority groups
  • 67,000+ Black, Asian, Hispanic, and Latino leaders have enrolled in our Connected Leaders Academy to date
  • More than tripled the number of Black hires in the US since launching our 10 actions in June 2020

Governance Achievements

  • ~$700M invested in strengthening our risk management teams, capabilities, and processes since 2018
  • 99% pay equity for men and women colleagues globally
  • 100% of new clients were vetted against our industry-leading CITIO client service framework
  • 100% of our colleagues completed comprehensive training on our policies and professional standards

Climate Goals & Targets

Long-term Goals:
  • Net-zero climate impact by 2030
Medium-term Goals:
  • Achieve 100% renewable electricity by 2025
  • Transition to 100% carbon removals by 2030
Short-term Goals:
  • Reduce absolute Scope 1 and Scope 2 GHG emissions by 25% by 2025 (vs. 2019 baseline)
  • Reduce Scope 3 GHG emissions from internal and client-related business travel by 30% per colleague by 2025 (vs. 2019 baseline)

Environmental Challenges

  • The events of 2022—the start of a tragic war, food and energy crises, severe climate events, global supply chain issues, and continuing market volatility—challenged governments, businesses, and citizens alike
  • Air travel is the largest component of our carbon footprint
Mitigation Strategies
  • Relocated more than 580 Ukraine- and Russia-based colleagues and their families
  • Exited the Russian market entirely by May 13, 2022
  • Contributed $28 million to relief efforts in Ukraine
  • Introduced a global internal carbon fee on all air travel to accelerate decarbonization and generate funding for carbon reduction efforts
  • Embracing new ways of working: Our teams are implementing hybrid and remote working models
  • Driving sustainability in aviation: We are committed to helping scale up the use of sustainable aviation fuel (SAF)

Supply Chain Management

Supplier Audits: 80%+ coverage of Scope 3 business travel emissions through CDP Supply Chain program

Responsible Procurement
  • Supplier Code of Conduct
  • ESG risk screening of new suppliers
  • ESG supplier assessments

Climate-Related Risks & Opportunities

Physical Risks
  • Riverine and coastal flooding
  • Extreme heat
  • Hurricanes
Transition Risks
  • Evolving carbon prices
  • Regulatory changes
Opportunities
  • Increased demand for sustainability consulting services

Reporting Standards

Frameworks Used: GRI, WEF IBC, UN Global Compact, TCFD

Certifications: ISO 14001 (9 offices)

Third-party Assurance: Grant Thornton LLP (limited assurance)

UN Sustainable Development Goals

  • Not disclosed

Not disclosed

Sustainable Products & Innovation

  • Catalyst Zero decarbonization solution

Awards & Recognition

  • Brandon Hall Group HCM Excellence Awards
  • Good Design Australia Best in Class award