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2021 ESG Report: Accelerating Sustainable and Inclusive Growth
2021 marked a pivotal moment for our firm, as we set a long-term aspiration to help shape and accelerate a new era of growth that is both sustainable and inclusive.
Recent media coverage
Quiet quitting in France
Clarisse Magnin was interviewed by BBC about why young people are leaving jobs in France.
The Philippines’ economy
CNN Philippines interviewed Jon Canto about the economic outlook for the country.
A ‘multipolar’ world economy
Sven Smit offered a broad view of the economy and the disruptions the world is facing after Covid with the Edge.
Kweilin Ellingrud spoke with the New York Times about how remote work affects career development.
McKinsey in the news
Is the world deglobalizing? A McKinsey Global Institute discussion paper reveals that no region is close to self-sufficient—bound by flows by goods, services, capital, people, and data—and explores the consequences of these connections.
Fortune: Is globalization dying? The 1990s-era flow of goods is truly over—but the exchange of data and IP is thrivingBloomberg: McKinsey Explores Hurdles Nations Face to Reach Trade Self-RelianceBusiness Today: Davos 2023: World Economic Forum’s annual meet starts on Jan 16, will focus on cost-of-living crisis, green financing, others
New research by the McKinsey Global Institute shows that regaining historical rates of productivity growth would add $10 trillion to US GDP—a boost needed to confront workforce shortages, debt, inflation, and the energy transition.
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.
Australian Financial Review: Taking carbon out of steelmaking is worth the candleArab News: Mideast positioned to take a key role in energy transitionBloomberg: Easing Oil, Energy Prices Offer Salve to Consumers Hurt By InflationBusiness Standard: Funding reality check for India's dream to achieve net-zero by 2070
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.
Nation: Why the world's most powerful women are quitting their jobsBusiness World: Present state of women in the workplaceFortune: Return-to-office mandates threaten corporate diversity goals and create challenge for recruitersFast Company: The pink tax isn’t just financial: Why women are leaving the workforce in droves