2021 U.S.-Booked Air Volume: $41 million
Consolidated U.S. TMC: Amex GBT
McKinsey & Co. has been vocal about its intention to
limit business trips to reach sustainability goals. BTN estimates the
consulting giant’s 2021 U.S.-booked air travel spend was $41 million, close to
2020 levels.
Travel has been the biggest component of the company’s
emissions, accounting for 83 percent of its 2019 carbon footprint. The switch
to remote working in 2020 and 2021 resulted in a 70 percent to 80 percent
decline in travel, and the company continues to place limits on non-essential
travel. McKinsey’s goal is to reduce its Scope 3 emissions from business travel
by 30 percent per employee by 2025 from a 2019 base year by finding such
alternatives as hybrid working models, virtual recruiting and remote client
engagements, and by encouraging colleagues to choose sustainable travel
options, such as rail. McKinsey has integrated sustainability goals and
requirements into its procurement processes. Overall, McKinsey plans to reach
net-zero climate impact by 2030.
The privately held company has roughly 38,000 employees in
more than 65 countries, according to Forbes.