Revealed: McKinsey clients had ‘rising share of global emissions’, internal analysis shows Flashcards


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https://www.theguardian.com/business/2024/nov/21/mckinsey-emissions-climate
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1

had ‘rising share of

có đóng góp

2

global emissions

các loại khí thải toàn cầu

3

internal analysis

phân tích chuyên sâu

4

shows

tiết lộ

5

Consulting giant

những ông lớn về lĩnh vực cố vấn/ những công ty tư vấn lớn

6

it engages with clients

nó tương tác với khách hàng

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help them

giúp chúng

8

transition to

chuyển tới

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cleaner energy

1 nguồn năng lượng sạch hơn

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even as

dù rằng

11

they were in line to

nó đồng nghĩa với việc

12

exceed climate targets

Climate targets are specific goals set by governments, organizations, or companies to address climate change by reducing greenhouse gas (GHG) emissions, limiting global warming, and transitioning to more sustainable practices. These targets align with broader international agreements, such as the Paris Agreement, which aims to keep global temperature rise well below 2°C (preferably 1.5°C) above pre-industrial levels.

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The world’s biggest

lớn nhất thế giới

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consulting firm

công ty cố vấn

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found that

phát hiện rằng

16

its clients

những khách hàng của họ

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were on a trajectory to

đang trên 1 quỹ đạo để tiến tới

18

bust global climate targets

to break something

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details of

...

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internal forecasting

  1. the job or activity of judging what is likely to happen in the future, based on the information you have now

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uncovered by

  1. to discover something secret or hidden

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has worked with

làm việc cùng

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some of the

một vài

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world’s biggest emitters

  1. something that emits (= sends out) light, a noise, or a substance, especially the gas carbon dioxide

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including

...

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many of the

...

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largest

...

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fossil fuel producers

  1. fuels, such as gas, coal, and oil, that were formed underground from plant and animal remains millions of years ago

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It has previously argued it is necessary to

  1. to speak angrily to someone, telling that person that you disagree with them

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engage these clients

  1. to employ someone

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to help them

...

32

cleaner forms of energy

...

33

hit the target of

...

34

limiting global warming

Global warming refers to the long-term increase in Earth's average surface temperature due to the buildup of greenhouse gases (GHGs) in the atmosphere. These gases, like carbon dioxide (CO₂), methane (CH₄), and nitrous oxide (N₂O), trap heat from the sun, leading to a "greenhouse effect." While this effect is natural and necessary for life, human activities have significantly intensified it.

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to less than 1.5C above preindustrial levels

Preindustrial levels refer to the state of the Earth's climate and atmospheric conditions before the widespread use of industrial processes and fossil fuels, which began in the late 18th century. This is generally considered to be the period before 1750, although some references use slightly different ranges, such as 1850–1900, due to the availability of temperature data.

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have learned of an internal analysis of client emissions

...

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carried out by

...

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which showed that

...

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the companies

...

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works with

...

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were set to

...

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exceed this target

...

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Despite this

...

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an internal email

...

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alleges that

...

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senior members of staff

...

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were willing to

...

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push the effort forward

...

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The revelations

...

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follow an investigation

...

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based on

...

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more than a dozen interviews with former insiders

...

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internal documents

...

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hundreds of pages

...

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court records

...

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which revealed

...

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new details about

...

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the firm’s work

...

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the fossil fuel industry

...

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Many of the

...

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world’s biggest

...

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fossil fuel producers

...

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have been

...

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significant sources of revenue

...

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such as

...

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the world’s largest

...

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oil company

...

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oil majors

...

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according to

...

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bankruptcy court records

...

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It is not a secret that

...

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is in deep with

...

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big polluters

...

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but now we know

...

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just how wide that hole is

...

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how deep they’re digging

...

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The more it continues to

...

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partner closely with

...

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profit from

...

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the very actors

...

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condemning people and the planet

...

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the more complicit it becomes

...

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A spokesperson for the firm

...

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We have been open about

...

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our work with

...

86

fossil fuel clients

...

87

hard-to-abate sectors

...

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and see no contradiction with our commitment to the energy transition

...

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In decarbonisation scenarios

...

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consistent with

...

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Paris agreement levels

...

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fossil fuel use

...

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is projected to

...

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decline

...

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but will continue to be a part of

...

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the energy mix

...

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to meet the world’s energy needs

...

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, a small team

a team that is small

99

began + Ving

...

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calculating the total emissions

...

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the firm’s clients

...

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were responsible for

chịu trách nhiệm về

103

multiple people

nhiều người

104

with knowledge of the work

với kiến thức công việc

105

This included those

cái này bao gồm cả những người

106

classified as

được phân loại như

107

emissions released

...

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when

...

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fossil fuels are burned

...

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that are counted against

...

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the producers

...

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the consultants also predicted what

...

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emissions from these clients

...

114

would look like in 2023

...

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according to

...

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a widely distributed internal email

...

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a departing member

...

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and seen by CR

...

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The international treaty

...

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signed in 2016

...

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known as

...

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the Paris agreement

...

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stated that

...

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in order to

...

125

avoid the worst effects

né tránh hậu quả tệ nhất

126

the climate crisis

...

127

countries

...

128

must aim to

...

129

limit global warming to 1.5C above preindustrial levels

...

130

But even taking into account

...

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its clients’ emissions reductions targets

...

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the McKinsey team

...

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found

...

134

its clients

...

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were set to

...

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far exceed this

...

137

We are serving

...

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a client portfolio

...

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that is likely on the 3 to 5 degrees warming trajectory

...

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depending on

...

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what you believe about

...

142

the rest of the world’s trajectory

...

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this portfolio

...

144

contains

...

145

more than half of the world’s worst polluters

...

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a copy of the email

...

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seen by

...

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have a commanding and rising share of global emissions

...

149

knowing what we know today

...

150

have a big and widening gap to the Paris

...

151

aligned pathway

...

152

the email said that

...

153

the results were hardly surprising given that

...

154

the world at large

...

155

is not on track to

...

156

hit the Paris goal

...

157

but argues the firm

...

158

had some responsiblity for

...

159

client emissions

...

160

It also alleged that

...

161

sustainability work

...

162

was being used to

...

163

launder the Firm's reputation

...

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wash away the problems posed by

...

165

our more inconvinient engagements

...

166

expaning emissions

...

167

elsewhere

...

168

since...

...

169

completed the emissions analysis

...

170

the Paris target

...

171

has become increasingly out of reach

...

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recently,

...

173

some....

...

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climate scientists

...

175

have said

...

176

it is now

...

177

impossible to

...

178

limit global warming to 1.5C

...

179

declined to

...

180

comment on

...

181

the findings of the internal emissions forecasting

...

182

has been helping out client decarbonise

...

183

build climate resilience

...

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address sustainability challenges

...

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for

...

186

more than a decade

...

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3 years ago

...

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we committed to

...

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rapidly scale this work

...

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to help clients

...

191

in all industries

...

192

reach net zero

...

193

by 2025

...

194

help the world

...

195

reach the goals

...

196

aligned with

...

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the Paris agreement

...

198

the firm's managing partner

...

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like it or not

...

200

there is no way to

...

201

deliver emissions reductions

...

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without

...

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working with these industries

...

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to rapidly trainsition

...

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we think it is important to

...

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be in this arena

...

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not

...

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on the outside looking in

...

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but since then

...

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some of the firm's major fossil fuel clients

...

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have also reportedly been

...

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slowing their push into

...

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cleaner energy

...

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At times between 2019 and 2023,

...

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the oil company

...

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has contributed significantly to...'s revenues

...

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in several countries

...

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analysis of the

...

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bankruptcy filings

...

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reveals

...

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But...

...

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investment in its renewables

...

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energy solutions division

...

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reportedly dropped from...in 2022 to ... last year

...

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another significant client

...

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reportedly sitched a target to

...

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cut oil and gas production

...

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by 2023

...

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and now

...

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plants to

...

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scale back its energy trainsition strategy

...

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is commited to becoming

...

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a net zero emissions energy business

...

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by 2050

...

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a target we believe supports

...

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a more ambitious goal

...