Stuttgart teams up with McKinsey to achieve Net Zero

The German city of Stuttgart has joined forces with a management consulting firm McKinsey & Company in order to develop a practice‐oriented and ambitious roadmap for climate neutrality. 

Mayor of Stuttgart Dr. Frank Nopper stated on social media: Together with McKinsey, we are developing a climate roadmap for the next few years. Our goal: Make Stuttgart a strong business location that will quickly become climate neutral.

The goal of the action plan is to boost climate-protection efforts. The focus of the study will be on the mobility sector, financial markets, real estate and construction industries, as well as the fields of energy and food. The plan is backed up by specific financial and personnel requirements, allowing for speedy implementation. 

We face two tasks in climate protection: Sprint and marathon. We must implement the agreed measures more quickly with an immediate climate program. At the same time, we need to show strength and perseverance on the way to becoming a climate-neutral state capital. We can only achieve this by working closely with business, science and the urban community,” mayor Nopper continued.

In September, the Committee on Climate and Environment decided to further develop the climate action program. Due to their outstanding international experience in advising companies and institutions on achieving climate goals, the study has been awarded to McKinsey & Company.

Dr. Daniel Rexhausen, Managing Partner of the McKinsey office in Stuttgart, stated: “Climate change is one of the biggest and most complex challenges we have all ever faced. However, in various studies we have shown that investments in climate protection can pay off in the long term – for the economy and for society alike. With a concrete climate roadmap, Stuttgart can take on a pioneering role among the cities in Germany.“

At the end of 2019, Stuttgart’s City Council reaffirmed its ambition of being climate neutral, deciding to utilize the Paris Climate Agreement’s 1.5 degree target as a benchmark. Its goal is to keep global warming considerably below 2 degrees Celsius, preferably 1.5, compared to pre-industrial levels. (photo: mckinsey.com)