Mckinsey’s story of action
A growing number of companies are going all in for halving emissions by 2030. The We Mean Business Coalition spoke to global consulting firm McKinsey & Company to find out how they are taking climate action.
At McKinsey & Company, we have turned our environmental insights into action, charting a path to a net-zero climate impact by 2030, while also expanding our capabilities to support clients on their sustainability journeys. By helping organizations effectively manage the speed, the scale, and the business case of change, our aim is to be a leading catalyst for global decarbonization and help create positive, enduring change in the world.
As a firm, we will reach net-zero climate impact by 2030. We have validated science-based targets to reduce our greenhouse-gas (GHG) emissions in line with a 1.5ºC pathway. We’ll meet these targets by 2025 by using 100% renewable electricity, transitioning our fleet of company cars to electric vehicles, targeting the highest environmental standards (LEED Gold or Platinum, or equivalents) for our office space, and reducing GHG emissions from business travel which accounts for the vast majority of our footprint. We will also scale our investment in nature-based solutions that help address both the climate and nature crises, while generating significant additional environmental, social, and economic benefits. We will do so by continuing to compensate for (offset) all our emissions during our transition to net-zero, and by removing carbon from the atmosphere for our remaining footprint by 2030 –when we reach net-zero climate impact.
The decisions and the actions we take today, and in this decade, will determine the future of the planet and the future of human society. We are all in for 2030.