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McKinsey & Company partners with South Pole to achieve 100% carbon neutrality
07 Sep 2018
by South Pole, McKinseyin News
Global management consulting firm McKinsey & Company today announced its partnership with global sustainability solutions provider, South Pole, which will help the firm fulfill its commitment to carbon neutrality from the end of 2018.
McKinsey is achieving its target of zero net carbon emissions by investing in a diverse selection of emission reduction projects from South Pole's portfolio, chosen to maximize environmental, social and economic impact and align with the Sustainable Development Goals (SDGs) and ambitions of the Paris Agreement.
McKinsey's commitment to 100% carbon neutrality by the end of 2018 is part of its environmental strategy, which recognises and seeks to reduce the firm's environmental impacts.
As well as net zero carbon emissions, McKinsey is setting targets to reduce Scope 1 and 2 emissions 60% by 2030 and 90% by 2050. It is also transitioning to 100% renewable electricity.
“We applaud McKinsey's efforts in setting targets for emissions reductions; by actively looking for reductions; and by combining carbon reduction projects, renewable energy, and biogas in their overall project portfolio," says John Davis, Director Financial Industry, South Pole.
