McKinsey & Company, Inc.

Location

New York

Founded

1956-06-05

Risk Signals

22582 news mentions monitored

Industry Context

This company is tracked across risk categories, including those related to its sector (e.g., Management Consulting Services), including supply chain integrity, ESG practices, labor disputes, and regulatory compliance.

Recent Articles about McKinsey & Company, Inc.

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The Tipping Point

2024-11-10 (thewirechina.com)

The Tipping Point

Foreign companies face a reckoning in China as the risks of staying are generating diminishing returns. Rachel Cheung reports.

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“Paying for a Bus Ticket and Expecting to Fly”: How Apparel Brand Purchasing Practices Drive Labor Abuses | HRW

2019-04-24 (hrw.org)

“Paying for a Bus Ticket and Expecting to Fly”: How Apparel Brand Purchasing Practices Drive Labor Abuses | HRW

This report identifies key practices by clothing companies that fuel abusive cost-cutting methods by factories that harm workers. Many global brands tout their commitment to ensuring rights-respecting workplaces in the factories that produce their goods, but undercut their efforts with relentless pressure on suppliers to drive down prices or produce faster, Human Rights Watch found. Many suppliers respond to those pressures with abusive cost-cutting methods that harm workers. One factory owner ruefully summarized the problem, saying that brands are “paying for a bus ticket and expecting to fly.”

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