We use the intellectual, financial and convening power of our firm to help address some of the world’s most pressing problems. We do this through our work with private, public, and social sector organizations, through our investments in research on topics such as education, and through our extensive pro bono and volunteer work.
We draw on our functional and industry expertise to support organizations that are seeking to tackle the toughest societal challenges. Each year, we help leading foundations, nonprofits, and multilateral institutions address issues such as disease, poverty, climate change, and natural disasters.
For example, our Generation program will focus on making a contribution to reducing the high rate of youth unemployment—some 75 million young people around the world are out of work and three times as many are underemployed. Generation will work to help close the skills gap—identifying jobs and providing cutting-edge skills training, job placements, and support. Generation is a program of the McKinsey Social Initiative, our firm’s non-profit organization built to develop innovative approaches to complex social challenges.
Our firm also seeks to advance knowledge on topics relevant to society, including through the contributions of our economics think tank, the McKinsey Global Institute.
We also invest to advance understanding of sustainability and resource productivity issues, including carbon abatement, the economics of strategic resources such as water, land, energy and materials, and the circular economy. We aim to lay out the challenges and opportunities for sustainable growth and climate resilience, and propose pathways for transformational change.