RVBA-MCKI

McKinsey & Company — full event log

Every event we have on file across every reporting year. The Data-by-year tab summarises the top 10 per year; this page shows them all.

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2024· 20 events

2050 net-zero target set, SBTi-validatedData confidence — high

Set new SBTi-aligned net-zero target for 2050: reduce Scope 1 and 2 emissions by 90% and Scope 3 business travel emissions per FTE by 97% relative to 2019 baseline.

sustainability_report p.17

Changed data provider for client CO2 emissions reductions calculationData confidence — high

In 2024, our firm changed its data provider, which supplies the data used to calculate CO2 emissions reductions. The calculation methodology remains unchanged.

sustainability_report p.6

SBTi boundary update — removed RFI, hotel, WFH from targetData confidence — high

In line with SBTi's latest guidance, removed non-GHG air travel emissions (RFI), hotel emissions, and work-from-home emissions from target boundary. Still computed and addressed via carbon credits.

sustainability_report p.73

Added emissions reductions for EV/hybrid ground transportData confidence — high

Enhanced methodology for calculating Scope 3 ground transportation emissions from taxis and rental cars to account for emissions reductions through use of electric or hybrid vehicles by leading vendors.

sustainability_report p.73

Added REC purchases to cover work-from-home emissionsData confidence — high

In 2024, started procuring renewable electricity certificates to cover electricity-related emissions that colleagues generate while working from home.

sustainability_report p.18

CDP A List 2024Data confidence — high

Received CDP's highest recognition (A score) for leadership in reporting and reducing GHG emissions.

sustainability_report p.19

ISO/IEC 27001 certification — Asia-PacificData confidence — high

Asia-Pacific region successfully obtained ISO/IEC 27001 certification for information security.

sustainability_report p.62

Symbiosis 20Mt nature-based removal advance market commitmentData confidence — high

Joined Symbiosis, an up to 20 million-ton advance market commitment to contract with the next generation of nature-based carbon removal projects by 2030.

sustainability_report p.21

100% carbon removals by 2030 commitmentData confidence — high

Committed to transitioning to purchasing 100% carbon removal credits (vs avoidance) by 2030.

sustainability_report p.17

$2B social responsibility commitment by 2030Data confidence — high

$1.05B contributed in monetary and in-kind support since 2020 toward $2B commitment to social responsibility by 2030 ($194M in 2024).

sustainability_report p.23

Expanded nonprofit count methodologyData confidence — high

Starting in 2024, count of supported nonprofits expanded to include those supported through charitable donations, nonprofit fellowships, and McKinsey.org, in addition to pro bono engagements, McKinsey Gives, and McKinsey Grants.

sustainability_report p.40

Restated Black community pro bono investment figuresData confidence — high

Updated methodology for spend categories included to align with evolving best practices. 2022 figure restated from $30M to $36.4M; 2023 restated from $27M to $28.6M.

sustainability_report p.34

UN Global Compact participant and UN SDG alignmentData confidence — high

Member of UN Global Compact submitting annual Communication on Progress; partners with Design for Good to advance UN Sustainable Development Goals.

sustainability_report p.48

100% renewable electricity since 2023 via PPAs and RECsData confidence — high

McKinsey has been sourcing 100% renewable electricity since 2023, ahead of its 2025 target. Where direct procurement is not feasible, it purchases renewable electricity certificates. In 2024, 98% of procurement was aligned with RE100 criteria. Starting in 2024, the firm also procures RECs to cover electricity-related emissions from colleagues working from home. Local Green Teams have installed on-site solar (e.g. Bengaluru school).

sustainability_report p.18

Primary: Business travel reduction — purposeful travel + hybrid workingData confidence — high

Business travel (primarily air, then hotels and ground transport) drives 98% of McKinsey's 2019 baseline emissions. Achieved 50% reduction per FTE vs 2019, beating 35% by 2025 target. Levers include purposeful remote/hybrid working models, strategic local staffing, web-based recruiting/learning, rail and EV ground transport. An internal $50/tCO2e carbon fee on all flights (since 2023) funds carbon-related procurement; expanded to accommodation in 2024.

sustainability_report p.19

Primary: Office energy efficiency + EV fleet electrificationData confidence — high

EV-only policies in countries representing 61%+ of fleet; EVs now 39% of owned vehicles (up from 4% in 2019). 66% of global office space is LEED-certified (or equivalent); 58% LEED Gold/Platinum; several offices ISO 14001 certified. Green Teams identify and implement local sustainability measures.

sustainability_report p.18

Dependent: Client decarbonization catalysis (largest stated lever)Data confidence — high

McKinsey's stated aspiration is to be the largest private sector catalyst for decarbonization. 3,200 colleagues worked on 1,640 sustainability engagements with 720 clients in 58 countries in 2024. Clients have contributed >80% of reported CO2 emissions reductions (in publicly held companies 2018-2023). Tools include Catalyst Zero decarbonization cost-curve platform.

sustainability_report p.4

Transition to 100% removals by 2030; durable + nature-based portfolioData confidence — high

In 2024, 64% of carbon credits came from removal projects, including 5% from technology-based removals (TBR); committed to 100% removals by 2030. 2024 purchases included 75,000 tCO2e of direct air capture over five years and 15,000 tCO2e via Amazon reforestation. Portfolio diversifies across biochar, improved forest management, mangrove restoration, afforestation/reforestation, plus peatland and REDD+ avoidance. Partners include Frontier ($1B+ DAC AMC) and Symbiosis (20Mt nature-based AMC). Average spend across SAF and credits: $31/tCO2e.

sustainability_report p.20

Primary: Sustainable Aviation Fuel (SAF) procurementData confidence — high

In 2024, McKinsey addressed over 6% of air travel emissions via SAF (over 17,500 tCO2e). To-date purchasing commitments exceed 100,000 tCO2e of SAF-enabled emissions reductions through 2030. Participates in SABA (Sustainable Aviation Buyers Alliance) and runs own RFP. Follows book-and-claim with third-party certification.

sustainability_report p.19

Dependent: Supplier engagement on travel-related Scope 3Data confidence — high

Indirect travel emissions are >80% of carbon footprint, so travel suppliers are priority. In 2024, engaged with suppliers representing 82% of business travel emissions. Hosted third annual global supplier summit. Restructured Green Hotels program to align with external building/operational certifications. Selected suppliers participate in CDP Supply Chain program.

sustainability_report p.58