Helping banks, asset managers, and insurers decarbonize their portfolios
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Financing the transition
$130 Trillion of financial assets have been committed to net-zero. Businesses and financial institutions in particular are moving from urgency to action since COP26.
What we do
Climate risk management
Our experts help clients map out a strategy to manage the financial risks generated by climate change. We advise clients on ways to meet the regulatory requirements within credit processes, sectorial models, stress testing and scenario analysis, revised ERM frameworks, and risk appetite.
Climate and ESG strategy
We work with clients to help them meet the expectations of investors and customers. We assist with improving ESG ratings via new credit policies, diversity initiatives, decarbonization targets, operational enhancements, and improving communication with capital markets.
Sustainability-oriented products and services
We help innovate and scale products and services to meet the sustainability needs of clients such as green bonds, sustainability-linked products, and the creation of an ESG advisory desk.
featured capability
Planetrics
Helping financial institutions assess climate risk and opportunity
Examples of our work
Asia-Pacific
Our team helped a major Asia-Pacific bank define its net-zero ambition, translating it into sector-specific glidepaths, defining the target state for climate management practices, reviewing the potential of specific green opportunities, and setting up a change program to rally the entire bank around the initiative.
North America
We worked with a leading US bank to benchmark its sustainability position against peers, develop a risk framework and operating model, and build a top-down heatmap of climate risk exposure.
Europe
We helped a top European bank set its portfolio on the path to net-zero carbon emissions by determining emission reduction glidepaths at sector level, finding growth opportunities across portfolios and geographies, translating its climate ambitions into a strategy and communications plan, establishing the necessary data and analytics capabilities, and integrating physical and transition risk models into stress tests.
Business inquiries
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New at McKinsey Blog
Blog Post
McKinsey acquires Vivid Economics and Planetrics to help clients navigate climate change
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The acquisition underscores our commitment to sustainability and helps us bring significant additional analytical capabilities, expertise, and experience to our clients.
Featured Experts

Brodie Boland
PartnerWashington DC
Helps leading real-estate organizations, infrastructure investors, and city governments prepare for the future, including by...

Joseba Eceiza
Senior PartnerMadrid
Shapes transformations in the European financial services industry, with a focus on Sustainability topics

Holger Harreis
Senior PartnerDüsseldorf
Helps organizations implement transformation rapidly, with groundbreaking levels of adoption and impact
Featured Insights
Article
Banking imperatives for managing climate risk
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More than regulatory pressure is driving banks to manage climate risk. Financing a green agenda is also a commercial imperative—but specialized skills are needed to protect balance sheets.
Report
A blueprint for scaling voluntary carbon markets to meet the climate challenge
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The trading of carbon credits can help companies—and the world—meet ambitious goals for reducing greenhouse-gas emissions. Here is what it would take to strengthen voluntary carbon markets so they can support climate action on a large scale.