Financial institutions are increasingly looking for ways to reduce climate risk, shift business to areas generating net-zero emissions, and develop new sustainability-related products. Doing so requires new analytical skills to assess carbon emissions from portfolios and to integrate climate change into risk quantification processes.
We work closely with asset managers, banks, insurance companies, and other financial institutions to build portfolios that look to the future. To strengthen our capabilities, McKinsey recently acquired Vivid Economics, a recognized leader in climate and sustainability economics which has the proven ability to help customers accelerate their path to net zero.