What’s in your chart?
November 21, 2022
The decision to shop sustainably often depends on the effort required by consumers. According to a survey conducted by senior partner Jessica Moulton and colleagues, shoppers across four countries—France, Germany, the United Kingdom, and the United States—are more likely to freeze food to avoid waste or purchase seasonal produce (less effort) than buy recycled toilet paper or plastic-free detergents (more effort). Click through the interactive to see more results.
To read the article, see “Hungry and confused: The winding road to conscious eating,” October 5, 2022.
Look to the trees
November 23, 2022
There’s a unique opportunity in Malaysia to mitigate climate impacts. According to analysis by McKinsey senior partners Vishal Agarwal, Li-Kai Chen, and coauthors, the country has 3 percent of the world’s potential for nature-based solutions, which are projects that aim to increase carbon sequestration in the natural environment (forest protection, for example). However, a carbon market would need to ramp up to support these solutions: Malaysia historically trails other Southeast Asian countries in carbon credit issuances.
To read the article, see “How carbon markets can help Malaysia achieve its climate targets,” September 19, 2022.
November 22, 2022
Cost increases are looming large in the minds of organizational leaders, according to results of McKinsey’s latest economic conditions outlook survey. Senior partner Sven Smit and colleagues note that nine out of ten survey respondents report experiencing rising costs in the previous six months. Respondents in Europe point to energy prices as having the biggest effect on their companies, while rising wages top the concerns of those in India and North America.
To read the survey, see “Economic conditions outlook,” September 29, 2022.
Cashing in on a banking boom
November 18, 2022
Already a hotbed for fintech, Africa could be looking at a banking boom in the coming years. According to analysis by McKinsey partner Mayowa Kuyoro and coauthors, the continent’s financial-services market is expected to grow at about 10 percent a year through 2025, reaching approximately USD 230 billion in revenues. Wallets and payments are among the services that could see significant growth.
To read the article, see “Fintech in Africa: The end of the beginning,” August 30, 2022