McKinsey & Company | News | Sustainability

An overview of global McKinsey & Company news:

Europe

Circular cement industry could unlock €110 billion by 2050 If the concrete and cement industry were to implement a circular value chain, the sector could generate a net value of €110 billion and mitigate about two billion tons of CO2 emissions by 2050 – if t
24 October 2023
United States

McKinsey & Company releases 2022 ESG report McKinsey & Company on Tuesday released its 2022 environmental, social, and governance (ESG) report – tracking the management consultancy’s progress on goals in decarbonization and building inclusive
14 June 2023
United Kingdom

Net zero transition requires mass reallocation of labour A new study into the impacts of the world’s net zero transition has found that it necessitates a mass shift of the workforce between roles.
28 April 2022
Australia

McKinsey signs on for $1 billion carbon removal investment initiative Online payments company Stripe has launched a future investment initiative to accelerate the development of carbon removal technology, with McKinsey among its big-name launch partners.
18 April 2022
United States

Corporate giants launch $925-million fund for carbon removal Stripe, Alphabet, Shopify, and McKinsey & Company have launched Frontier fund, a public benefit corporation aimed at supporting carbon removal startups and lowering the cost-per-ton to remove CO2 fro
13 April 2022
United Kingdom

McKinsey co-launches carbon removal investment group Frontier As the MBB firm kicks on with its net-zero efforts, McKinsey & Company has collaborated with several other companies to launch a new carbon removal investment group.
13 April 2022
United Kingdom

Engineering firms lead consultancies in race to net zero New research has shown that the consulting industry’s top players are accelerating their push toward major climate commitments.
31 March 2022
United States

McKinsey employees call out firm for advising globe's largest polluters More than 1,100 employees at consulting firm McKinsey and Company signed a letter earlier this year calling for the company to do more to encourage its clients – many of whom are among the most envir
29 October 2021
Europe

Europe’s path to climate-neutral by 2050 costs roughly €28 trillion A new report by strategic consulting firm McKinsey & Company suggests that Europe’s ambition to become climate-neutral by 2050 would cost the continent roughly €28 trillion over the course of the nex
24 August 2021
Japan

Japan’s pathway to carbon-neutral by 2050 will cost $10 trillion If Japan wants to achieve its target of being climate-neutral by 2050, then the country will need to invest around $10 trillion in the coming three decades, which equates to some $330 billion annuall
23 August 2021
Denmark

BCG and McKinsey join Center for Zero Carbon Shipping Boston Consulting Group and McKinsey & Company are now among an illustrious group of partners supporting the Maersk Mc-Kinney Møller Center for Zero Carbon Shipping – aimed at cutting shipping emissi
12 July 2021
United Kingdom

McKinsey launches sustainability and ESG consulting practice Management consulting firm McKinsey & Company has announced the foundation of a new platform aimed at helping clients across industries transform their sustainability function.
27 May 2021
United States

McKinsey & Company launches McKinsey Sustainability unit Strategy firm McKinsey & Company last month launched a sustainability platform to help clients cut carbon emissions and achieve net-zero goals.
26 May 2021
United Kingdom

Fossil fuels peaking not enough to limit global warming, study warms Aggregate fossil fuel demand is set to peak in 2027, according to a new study. The research also asserts that demand for coal, oil and gas will never return to its pre-pandemic growth curve.
08 February 2021
United Kingdom

Energy use must decouple from GDP growth for sustainable future Transforming the global economy is increasingly seen as imperative to preventing an irreversible climate disaster, but at present only marginal and short-term improvements have been committed to by g
18 June 2019
Finland

Finland has cost-efficient path to halve greenhouse emissions by 2030 The future of Finland is greener – in more ways than one. A new study shows that plans to reduce greenhouse gas emissions by more than half could also save the country money.
22 January 2019
United States

McKinsey & Company pledges to source all electricity from renewables by 2025 McKinsey & Company recently became the first management consultancy to join RE100, a group of companies that aim to source all of their electricity from renewable sources.
12 September 2018
United Arab Emirates

Abu Dhabi ranks ahead of Dubai in Smart City technology base development The United Arab Emirates’s Abu Dhabi has been named by McKinsey & Company as the Middle East and Africa’s most developed Smart City in terms of technology base.
03 August 2018
China

China continues to lead globe on electric vehicle sector development Reducing the impact of transportation on the environment is an increasingly key aspect of wider shifts in thinking about sustainability in global order.
16 July 2018
Europe

European countries top WEF and McKinsey Energy Transition Index The top ten countries in the world to effectively foster energy transition are all European, according to a new joint report by McKinsey & Company and the World Economic Forum.
09 July 2018
United Kingdom

Disruptive EVs pose threat to traditional combustion engines as costs fall A global shift to more sustainable energy and transportation has seen increased focus on the development of electric vehicles, with renewable energy as a key fuel source.
05 December 2017
India

Electric vehicles pose huge opportunity for Indian mobility market India has the potential to electrify up to 40% of its vehicle market by 2030, according to new forecasts.
29 September 2017
India

Impact investment hits $1.1 billion in India on back of maturing market Investment of equity into profit and socially focused enterprise in India topped $1.1 billion in 2016, according to a new report.
28 September 2017
United Kingdom

Technology to bring forward peak energy and renewables tipping point The world economy stands to hit peak Energy by 2025, according to a new study.
12 June 2017
United Kingdom

Global transition needed to a circular economy for plastics Plastic is currently being used in a wide range of sectors, from packaging to electronics.
15 February 2016
United Kingdom

8 million tons of plastic waste ends up in oceans a year Every year, 8 million tons of plastic waste makes into the oceans. 150 million tons of plastic is now estimated to be afloat, of which 95% is unrecoverable.
02 December 2015
United Kingdom

European circular economy adds 7% growth by 2030 Humanity has in recent centuries taken an uncritical approach to the exploitation of the world’s finite resources.
16 November 2015
United Kingdom

Green districts add environmental and economic value Developing green districts has the potential to add considerable economic, environmental and social benefits to the people and businesses that exist there, research by McKinsey & Company shows.
21 July 2015
India

Consulting firms eyeing Indian renewable energy sector The Indian government’s commitment to implementing large scale renewable energy infrastructure by the early 2020s is boosting business investment in the sector, luring the attention of dozens of fore
23 December 2014
United Kingdom

Solar energy will be a market disruptor in 2020 During upcoming years costs associated with manufacturing and installing solar panels will drop. This can be concluded from an investigation by McKinsey & Company. This decrease in costs will be high enou
23 April 2014
United Kingdom

McKinsey: Electric cars will be half cheaper in 2025 The strategy consultants from McKinsey & Company assess that the price of EV batteries will decrease significantly in the coming years. The production will be optimized, the scale of production will be increase
28 December 2012
United Kingdom

McKinsey: LED lightning dominates lightning market The LED industry will realize an annual sales growth of 30% until 2020, while the total lighting market will only show 3 to 6% sales growth per year in that period. At the same time, LED represents 7% of the lightning mix. Due to the explosive growth,
21 May 2012

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