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2023 ESG Report: Creating a more sustainable, inclusive, and growing future for all
While the simultaneous pursuit of growth, sustainability, and inclusion may seem to present trade-offs, we are embracing all three in partnership with our clients. Our 2023 ESG report details our progress toward accelerating sustainable and inclusive growth in the societies where we live and work.
Recent media coverage
Europe competitiveness
Jan Mischke spoke with Financial Times about Europe competitiveness and the continent’s gap in IT investment.
Chip industry
Wade Tollers discussed the chip industry’s labor challenges with Bloomberg
British economy
Tera Allas discussed Britain’s economic picture with The New York Times
M&A in Australia
Ben Stretch discussed M&A activity in Australia with Australian Financial Review
McKinsey in the news
From poverty to empowerment
Growth, inclusion, and sustainability are connected, often complementing one another but sometimes pulling in different directions. New McKinsey research explores how growth can contribute to higher living standards and a greener world, building on the tremendous progress of the past half century.
CNBC-TV18: Time to replace extreme poverty line of $2.15/day with empowerment line of $12/day: McKinsey reportBusiness Today: 65% of the empowerment gap can be addressed by growth and business-led innovation: McKinsey's Sven SmitForbes: Growth is Key To Unlock Progress For People And PlanetMarketplace: A plan for alleviating poverty and climate change
Artificial Intelligence
From machine learning operations and organizational change to ethical considerations and emerging use cases, here is McKinsey’s latest thinking on how organizations can most effectively and responsibly use AI to create business value.
Business Insider: These are the skills employers are looking for as AI use expands, according to leaders at Davos Fortune: Your most in-demand AI talent is about to leave your company—Here’s how to make them stayFast Company: This is how AI can help middle managers of the future be less miserableForbes: Using Artificial Intelligence To Think Outside The Box
The Net Zero transition
Environmental resilience starts with reducing climate risk but also includes much broader preservation of natural capital as well as intergenerational fairness, all considered in terms of economic and societal costs and benefits. McKinsey’s sustainability research and insights can be found here.
Bloomberg: McKinsey Sustainability Sponsor Spotlight: An Affordable, Reliable, Competitive Path to Net ZeroWashington Post: Transcript: This is Climate: Business and SustainabilityReuters: Despite climate pledges, fashion brands ‘way off track’ on cutting carbon from the catwalkThe Economic Times: Cruel Summer: Rethinking how to live, work in a world that is getting warmer
Diversity and inclusion
The business case for gender equality, diversity, and inclusion is strong and growing stronger. McKinsey examines the barriers that prevent companies from addressing gender and racial equality and identifies solutions for building a stronger, more inclusive workforce. McKinsey’s diversity and inclusion insights can be found here.
ABC News: More Latinos in Hollywood could generate an increase in revenue, study saysCNBC Asia: McKinsey on API representation in the workforceFinancial Times: How technology can improve your company’s DEI strategyThe Wall Street Journal: Returning From Parental Leave Can Be Stressful. How Some Employers Aim to Fix That