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Matt Stone

Partner, London
Helps CEOs, CFOs, and CSOs of leading institutions pivot their strategy and resource allocation around ESG, purpose, and sustainability


Matt coleads the Strategy & Corporate Finance Practice in the United Kingdom and Ireland. He primarily works with CFOs across their agenda, including ESG investor relations, resource allocation, and cash management. He convenes McKinsey’s annual CFO Forum, a gathering of more than 100 CFOs from leading institutions.

Working primarily at the intersection of natural resources and finance, Matt helps companies navigate the energy transition and climate risk, and embed purpose and ESG across their business.

Examples of Matt’s recent client work include:

  • assessing and quantifying the value-at-stake from ESG risks and opportunities across more than 15 countries for a top oil and gas company
  • designing the integrated fiscal management approach for the government of a resource-intensive economy
  • driving a multicontinent working-capital transformation program at a top mining company that resulted in over $2 billion in cash release
  • orchestrating the defense against a hostile takeover for an advanced manufacturing company
  • calibrating a computable general equilibrium (CGE) model to forecast trade flows over the next 25 years for a logistics company

During 2013 and 2014, Matt was the Ian Davis Fellow at the McKinsey Global Institute—our business and economics thinktank—where he co-authored reports on the Indian and European economies. He is a 2007 Marshall Scholar.

Published work

Navigating global shipping’s way to carbon zero: An interview with Bo Cerup-Simonsen,” McKinsey & Company, April 2021

More than a mission statement: How the 5Ps embed purpose to deliver value,” McKinsey & Company, November 2020

Embedding purpose: fewer slogans, more action,” McKinsey & Company, August 2019

Make working capital work harder for you,” McKinsey & Company, January 2019

Brave New World? Container Transport in 2043, McKinsey & Company and TT Club, June 2018

Transforming the culture of managing working capital,” McKinsey on Finance, January 2018

Container shipping: the next 50 years,” McKinsey & Company, October 2017

Stress testing for nonfinancial companies,” McKinsey on Finance, June 2017

Risky business: UK plc assesses its viability,” McKinsey & Company, December 2016

A window of opportunity for Europe, McKinsey Global Institute, June 2015

Past experience

First Solar
Analyst II, global corporate development and strategy

CMX Caspian & Gulf Consultants
Senior analyst


St Antony’s College, University of Oxford
MSc, global governance and diplomacy

University of Dundee
MSc, energy studies

University of Arizona
BA, economics
BA, international studies