Fighting climate change: It’s good business

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Share this email Share this email on LinkedIn   Share this email on Twitter   Share this email on Facebook   New from McKinsey & Company   Curated by Sarah Skinner   Digital Editor, New York Fighting climate change: It's good business Achieving net-zero by 2050 may well prove to be the largest reallocation of capital in history, an increase of spending between $1 trillion and $3.5 trillion a year. Organizations shoulder a big responsibility to hit needed targets, while primed to reap the reward: young workers are more attracted to purpose-led companies, and sustainability opens up major investor space. Explore our new net-zero interactive, zooming along a hypothetical timeline for eight key industries, to find where yours fits in—then dive deeper with our ESG insights to see how your organization can pull off change in practice. After all, "Before, climate change was about doing the right thing. Now it's just good business." Read more Spotting green business opportunities in a surging net-zero world Explore how 8 industries may transition to reach a 2050 net-zero scenario, and how organizations can respond with new green businesses that create value along the way. Be bold Launching net-zero businesses: Lessons from a digital leader Many companies are hustling to start low-carbon businesses. Ram Ramachander works at the speed of a start-up and with the backing of a corporation. Grow with purpose  Organizing for sustainability success: Where, and how, leaders can start As sustainability becomes more of a strategic and operational imperative, executives must lead the way to set up a sustainability organization that's right for their companies. Maximize value  The role of ESG and purpose Answering three questions about purpose and environmental, social, and governance issues can help business leaders zero in on what matters most for their organizations. Pursue purpose  Accelerating toward net zero: The green business building opportunity Surging demand for zero-carbon technologies, materials, and services gives companies opportunities to build new green businesses. Leaders that move quickly could see exponential growth. Forge ahead  Playing offense to create value in the net-zero transition Decarbonization will reshape the economy, opening new markets and imperiling others. Now is the moment for companies to spot green growth opportunities and move boldly to take advantage. Shift to green  Prioritizing sustainability in the consumer sector Consumers and companies alike are becoming more interested in making sustainability-focused choices, but how to do so isn't always clear. Two McKinsey partners provide some research-based insights. Drive growth with sustainability  Our future lives and livelihoods: Sustainable and inclusive and growing Growth for all, growth for good. Here, we offer a proposal for business, government, and society leaders. Explore and act  The net-zero transition: What it would cost, what it could bring This McKinsey report offers a detailed look at the economic and societal impact of the transition to net-zero carbon emissions by 2050. Build a green future  Applying transformation practices to business building and sustainability: A conversation with Seth Goldstrom Tried-and-true transformation methodologies are being increasingly applied to new topics outside of traditional performance improvement efforts. McKinsey senior partner Seth Goldstrom talks about the influence of transformation approaches in two areas: business building and reaching sustainability goals. Learn and grow  Navigating America's net-zero frontier: A guide for business leaders The US government has a goal: net-zero emissions by 2050. Our analysis maps out a pathway to this net-zero frontier—and the growth opportunities that $27 trillion of capital spending could create. Achieve climate solutions  To see more essential reading on topics that matter, visit McKinsey Themes. Follow our thinking Share these insights Did you enjoy this email? Forward it to colleagues and friends so they can subscribe too. Was this forwarded to you? Sign up for it and sample our 40+ other free email subscriptions here. McKinsey Insights - Get our latest thinking on your iPhone, iPad or Android. This email contains information about McKinsey’s research, insights, services, or events. By opening our emails or clicking on links, you agree to our use of cookies and web tracking technology. For more information on how we use and protect your information, please review our privacy policy. You received this email because you subscribed to our Sustainability alert list. Manage subscriptions | Unsubscribe Copyright © 2022 | McKinsey & Company, 3 World Trade Center, 175 Greenwich Street, New York, NY 10007