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2023 ESG Report: Creating a more sustainable, inclusive, and growing future for all
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Recent media coverage
Luxury vehicles
Patrick Hertzke spoke with the Financial Times about increasing demand to switch to electric vehicles in the sports luxury segment.
The Journey of leadership
Forbes quoted McKinsey’s Journey of leadership book authors in an article that stresses the need and importance of more human leaders.
Electric trucks
Anna Herlt spoke with Reuters about the production cost of electric trucks.
Regional banks
Miklos spoke with Bloomberg about global trends for regional banks.
McKinsey in the news
Geopolitics and the geometry of global trade
Global trade patterns are reconfiguring. Recent McKinsey research explores how more shifts are likely and businesses need to be aware of the potential trade-offs of different paths ahead.
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: AI could force 12 million workers to switch jobs in coming years, causing unprecedented competitionWall Street Journal: A Clamor for Generative AI (Even If Something Else Works Better)Fortune: A.I. might actually help us find a greater sense of purpose at workCNBC: The gap between AI expectations and outcomes in the workplace are wide
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 ZeroCNN: The West needs China for clean energy. It will pay a price to break freeThe Economist: Can the voluntary carbon market save the Amazon?Financial Times: The red state surprise about America’s green transition
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 saysThe Wall Street Journal: A Decade After ‘Lean In,’ Progress for Women Isn’t Trickling DownFinancial Times: How technology can improve your company’s DEI strategyFortune: Women are making workplace gains but they’re still getting challenged and undermined