2020 U.S.-Booked Air Volume: $40.5 million
Consolidated U.S. TMC: Amex GBT
Consulting giant McKinsey & Co., like other companies,
restricted its business travel during the Covid-19 pandemic, and as a result,
BTN estimates that its 2020 U.S.-booked air volume was $40.5 million, a steep
decline from the $265 million estimated for 2019.
The company offsets all travel-related carbon emissions, and
in 2020 generated about 208,000 Scope 3 metric tons of carbon dioxide
equivalent emissions, which includes business travel. That figure represents a
71.3 percent reduction from the prior year. Further, indirect emissions from
travel account for more than 80 percent of McKinsey’s carbon footprint. The
company noted in its 2020 sustainability report that it is working with more
than 50 of its airline and hotel suppliers to provide its employees with more
sustainable options when McKinsey returns to business travel. It also
highlights sustainable travel alternatives, such as rail for certain routes or
green taxi services in its travel tools and systems, and through internal
awareness campaigns.
McKinsey is privately held, but Fortune estimates its annual
revenue at $10 billion. The company reported it has about 30,000 employees
working in 130 cities globally.