A letter signed by more than 1,100 employees has called for change at the consulting firm, which has advised at least 43 of the 100 most environmentally damaging companies.
As world leaders prepare to meet in Glasgow next week to address the devastating impact of wildfires, floods and extreme weather caused by rising greenhouse gases, a revolt has been brewing inside the world’s most influential consulting firm, McKinsey & Company, over its support of the planet’s biggest polluters, the New York Times reports.
More than 1,100 employees and counting have signed an open letter to the firm’s top partners, urging them to disclose how much carbon their clients spew into the atmosphere. “The climate crisis is the defining issue of our generation,” wrote the letter’s authors, nearly a dozen McKinsey consultants. “Our positive impact in other realms will mean nothing if we do not act as our clients alter the earth irrevocably.”
Several of the authors have resigned since the letter, which has never before been reported, came out last spring — with one sending out a widely shared email that cited McKinsey’s continued work with fossil fuel companies as a primary reason for his departure.
In response to the Times article, McKinsey issued a statement that reads in part: “Reaching net zero carbon emissions by 2050 will require the largest economic reorganization in human history. We believe meeting that goal requires engaging with high-emitting sectors to help them transition. Walking away from these sectors might appease some critics, but it would do nothing to solve the climate challenge.”
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