Mckinsey annual report 2023 Today, we give you our best-read reports, which focus on topics including tech trends, the state of organizations, and global private markets. In January, we launched a digital edition to reach a wider audience while These are just some of the findings from The State of Fashion 2023, a joint report from the Business of Fashion and McKinsey. After submitting McKinsey’s Global Banking Annual Review offers the best of our research into the global banking industry. The annual report tracks, collates, distills, Lightcast, and McKinsey. The digital-planning revolution. This is the third and final chapter of McKinsey’s Global Insurance Report 2023. The opportunities will likely be widespread: all four regions are projected to expand at an annual average of 6 percent or higher. Read the Report. 5 Kia Javanmardian, Sebastian Kohls, Gavin McPhail, and Fritz Nauck, “Countering inflation: How US P&C insurers can build resilience,” annual progress reporting. View the full report for December 2023 here. As publishers of insights, we believe that reading books can be a powerful tool for learning, growing, and navigating the landscape of today’s complex business environment. Investor Relations Contact. In the latest McKinsey Global Survey on AI, 65 percent of respondents report that their organizations are regularly using gen AI, nearly double the percentage from our previous survey just ten months In this ESG report, we look at some of the key highlights that McKinsey completed in 2023 to create a more sustainable, inclusive, and growing future for all. As global leaders gather for COP28, the United Nations’ annual conference on climate change, check out this month’s first featured story from McKinsey’s Mekala Krishnan, Sven Smit, Humayun Tai, Daniel Pacthod, Tomas Nauclér, Blake Houghton, Jesse Noffsinger, and Dirk Simon. In the report, the authors outline principles that can guide Annual Reports. Less than a year after many of these tools debuted, one Yet, for context, this is equal to about 4 percent of Amazon Web Services’ total investments in 2022 alone. Myth: Women are becoming less ambitious Reality: Women are more ambitious than before the pandemic—and flexibility is fueling that ambition. We synthesized key value drivers by assessing portfolio and company capabilities against peer company sets, articulated the portfolio narrative by considering scientific differentiations, competitive positioning, and commercial value, and cocreated the This is the eighth year of the Women in the Workplace report. Private markets have enjoyed strong tailwinds since the depths of the Global Financial Crisis (GFC). March 29, McKinsey’s Private Markets Annual Review: 2017 to 2022 In our second annual report, we build on the insights and findings from our inaugural report in 2022, as well as on prior McKinsey research on diversity in the workplace. " The report describes how McKinsey has partnered with its clients, colleagues, 2023 progress highlights include: Catalyzing decarbonization. 8 quadrillion in value and a revenue pool of $2. McKinsey is moving decisively toward net zero while partnering with clients to do the same. Members of the panel receive an exclusive first look at the survey results before they are published, as well as membership in a private LinkedIn group and immediate access to carefully curated McKinsey knowledge on the survey topic. Starbucks Coffee Company Investor Relations Department 2401 Utah Avenue South, Mailstop IR Seattle, WA 98134. Private markets have enjoyed strong tailwinds View the full report for September 2023 here. 9% in 2024 (Exhibit 1). 4 trillion. 2 MB XLS 0. 2 “Global Banking Annual For nearly 60 years, McKinsey Quarterly—our flagship print publication—has provided unrivaled management and leadership insights. Over the next three years, China is expected to add another 71 million upper-middle and 2023 McKinsey China Consumer Report: A Time of Resilience 9. In the U. According to a McKinsey analysis of annual reports, the number of e-hailing trips tripled from 5. Global Banking Annual Review 2023: The Great Banking Global commercial property and casualty (P&C) lines have delivered strong financial performance in recent years following the soft market of 2013 to 2018, despite widespread disruption in the wake of the COVID-19 pandemic, the war in Ukraine, and the resulting supply chain disruptions. 2022. With substantial reductions in their carbon footprint, strategic partnerships, and innovative approaches to decarbonization, Published in three chapters—life, commercial P&C, and personal lines P&C—McKinsey’s Global Insurance Report 2023 offers a new level of granularity and precision of recommendations for how insurers can accelerate As we described in last year’s Global Banking Annual Review, about two-thirds of financial asset value growth was in off-balance-sheet assets (for example, mutual funds and alternatives). Detailed visualized data for the McKinsey’s Global Banking Annual Review offers the best of our research into the global banking industry. Each monthly release includes an executive summary on global critical trends and risks, as well as focused insights on the latest national and regional developments. To view last year’s report, please visit Women in the Workplace 2023. S. . The McKinsey summer reading list is back for 2023. 1 trillion—outpacing nominal global GDP by half a percentage point 1 Global 2023 GDP and premiums were calculated May 2024; Global Insurance and high-income bracket, with annual incomes above RMB160,000. But, broadly speaking, a favorable This report is a collaborative effort by Michael Bogobowicz, Scarlett Gao, Mateusz Masiowski, Niko Mohr, Henning Soller, Rodney Zemmel, and Matija Zesko, representing views from McKinsey Digital. Our report, A brave new world for global banking: McKinsey global banking annual review 2016, finds that of the major developed markets, the United States banking industry seems to be best positioned to face these In 2023, the global payments industry handled 3. Read on for our full top 10, and don’t miss McKinsey Publishing’s 2023 highlights from our ‘Insights to Impact The future of work for women depends on casting aside this outdating thinking—and the 2023 report provides a road map. This year’s report, Living with and responding to uncertainty: The State of Grocery Retail 2023: Europe, is a continuation of a partnership between McKinsey & Company and Banking has had to chart a challenging course over the past few years, during which institutions faced increased oversight, digital innovation, and new competitors, and all at a time when interest rates were at historic lows. McKinsey Global Publishing leader Raju Narisetti returns with McKinsey’s 2024 annual book recommendations McKinsey’s Global Banking Annual Review offers the best of our research into the global banking industry. The first chapter of this report explores these dynamics in greater Our perspectives are informed by ongoing dialogue with industry leaders and McKinsey’s global network of payments experts, and by our work with payments providers in The Global Energy Perspective 2023 models the outlook for demand and supply of energy commodities across a 1. This report examines how fintechs can win in these disruptive times. This is similar to April’s report, Banking has had to chart a challenging course over the past few years, during which institutions faced increased oversight, digital innovation, and new competitors, and all at a time when interest rates were at historic lows. While 2022 brought a sharp Explore McKinsey's State of AI in 2023 report, a detailed new survey that looks at how generative AI is reshaping the world's industries and workforces. Contents Executive summary 2 1 The highest highs, 6 the lowest In 2023, $13 trillion worth of gross annual output was devoted to construction projects globally, constituting 7 percent of global gross output. Reforestation and afforestation. But, broadly speaking, a favorable In the latest McKinsey Global Private Markets Review for 2023 we explore some of the biggest changes over the past year Special Report McKinsey Global Private Markets Review 2023: Private markets turn down the volume this annual publication has discussed new records in fundraising and deal flow while celebrating strong performance McKinsey’s Global Survey Panel is a community of more than 33,000 participants around the world. 43 Sales of SEK 43 billion in 2023. Letter to Shareholders firm’s future results and the forward-looking statements, see “Risk Factors” in Part I, Item 1A of the firm’s The Global Banking Annual Review 2023 October 2023 This report is a collaborative effort by Debopriyo Bhattacharyya, Miklos Dietz, Alexander Edlich, Reinhard Höll, Asheet Mehta, Brian Weintraub, and Eckart Windhagen, representing views from McKinsey’s Global Banking Practice. 6 Proposed dividend of SEK 7. Less than a year after many of these tools debuted, one Banking has had to chart a challenging course over the past few years, during which institutions faced increased oversight, digital innovation, and new competitors, and all at a time when interest rates were at historic lows. Special thanks to McKinsey Global Publishing colleagues Emily Adeyanju, Mike . But, broadly speaking, a favorable Report 2023: Expanding commercial P&C’s market relevance 2023. But, broadly speaking, a favorable Nature-based removals 3. Explore McKinsey Ukraine’s Kyiv office, where we build leaders—in our clients, our firm, and beyond—who deliver lasting impact in business and at large. Check out our picks for the best books from the world’s most influential leaders and editors. Download. This research explores diversity, equity, and inclusion (DEI) in the global private-markets industry, with a focus on private equity and alternative investment firms (PE) and McKinsey’s Global Banking Annual Review offers the best of our research into the global banking industry. 4 Ibid. 7 billion domestic trips over the past three years. Read our latest research, articles, and reports on Financial Services on the changes that matter most for the challenges and opportunities ahead. The application of advanced digital tools to plan and operate supply chains was underway well before 2020, but the pandemic was the catalyst for a dramatic acceleration in the adoption of new technologies. Explore the findings from our latest 2023 report. The past few months have also brought their share of upsets, including liquidity woes and some bank failures. 3 To read the first two chapters on life insurance and P&C commercial insurance, see “Global Insurance Report 2023: Reimagining life insurance,” McKinsey, November 16, 2020; and “Global Insurance Report 2023: Expanding commercial P&C’s market relevance McKinsey’s Global Banking Annual Review offers the best of our research into the global banking industry. At every stage of the pipeline, women are as committed to their careers and as In the previous McKinsey Global Payments Report, we described an annual decline in revenues for 2020, the first since 2009. with year-over-year growth in volume and revenue margins. Join a Circle; As we described in last year’s Global Banking Annual Review, about two-thirds of financial asset value growth was in off-balance-sheet assets (for example, mutual funds and alternatives). Sending it forward: Successfully transitioning out of the CEO role. Knowing when to move on, ensuring a seamless handoff, and embracing what’s next are key components to an effective transition. North American expansion is one of Kempower’s growth strategy key initiatives. According to the International Monetary Fund’s (IMF) October World Economic Outlook, global growth is forecast to slow from 3. 3 McKinsey Global Institute analysis of data from IHS Markit. And books can both illuminate and provide moments of respite from the demands of daily life. We are proud of how successfully the management team and our dedicated employees This is a summary of LKAB’s Annual and Sustainability Report for 2023. McKinsey & Company 2 2022 125 (58%) 89 (42% ) 2015 Off banking balance sheet2 120 (37%) 206 ECB; Federal Reserve; IMF World Economic Outlook report 0 3 1 4 2 5 02 06 10 14 18 22 26 30 34 38 Aug 2023 Source: McKinsey Panorama, Global Banking Pools McKinsey’s third annual Quantum Technology Monitor synthesizes the latest opportunities in quantum computing, sensing, and communication. com. Today, net-zero commitments have been made by more than 8,000 companies and by countries representing 90 percent of global GDP; also, 150 countries have pledged to reduce methane emissions. Banking has had to chart a challenging course over the past few years, during which institutions faced increased oversight, digital innovation, and new competitors, and all at a time when interest rates were at historic lows. As the world accelerates on the path toward net-zero, achieving a successful energy transition may require Banking has had to chart a challenging course over the past few years, during which institutions faced increased oversight, digital innovation, and new competitors, and all at a time when interest rates were at historic lows. scroll down. May 17, 2023 - 2019 Annual Reports. 1 “Creating value, finding focus: Global Annual Report 2023. 6°C to 2. LeanIn. Get Involved. But, broadly speaking, a favorable As a result, we estimate that the revenue pool for money market funds in the United States has more than doubled over the first eight months of 2023 to about $13 billion, 1 Estimate based on comparing US money market funds’ annual net revenues as of December 31, 2022, and August 31, 2023, excluding amounts waived because of fee waivers. Permanence, years <1,000 Cost 2023, $ per ton CO 2 10–40 Potential benefits Increase biodiversity and ecosystem resilience; eco-tourism. For previous reports, please visit the McKinsey’s Global Banking Annual Review offers the best of our research into the global banking industry. 6 “Race to zero campaign,” United Nations Framework Convention on Climate Change, 2023; “Data Fashion leaders polled in our annual BoF–McKinsey State of Fashion Executive Survey were just as pessimistic as last year. 4 trillion transactions, accounting for $1. Acknowledgments. 5% in 2022 to 3. These are among the findings in the latest McKinsey Technology Trends Outlook, in which the McKinsey Technology Council identified the most significant technology trends unfolding today. Mayowa Kuyoro From 2000 to 2010, real GDP grew at an average rate of 5. But, broadly speaking, a favorable McKinsey’s Global Banking Annual Review offers the best of our research into the global banking industry. What do leading insurers need to know heading into 2023 and beyond? Published in three chapters—life, commercial P&C, and personal lines P&C—McKinsey’s Global Insurance Report 2023 offers a new level of granularity and precision of recommendations for how insurers can accelerate Banking has had to chart a challenging course over the past few years, during which institutions faced increased oversight, digital innovation, and new competitors, and all at a time when interest rates were at historic lows. 6 billion for the owner, the Swedish state. 5 trillion in 2019. grew by 9. 9 “McKinsey’s Global Banking Annual Review,” McKinsey, December 1, The McKinsey’s Global Banking Annual Review offers the best of our research into the global banking industry. A protection gap looms over both P&C and life insurance. Explore some of our most visually engaging, “only McKinsey” insights of 2023—brought to life with innovative, interactive forms of storytelling. 1 percent annually, up from an annual average of only 2. As 2023 draws to a close, we’re revisiting our most popular reports of the year. By 2040, the industry could grow by around 70 percent, but engineers and constructors in many parts of the world are struggling to deliver even today’s project pipeline. More details of a new 4‑door GT Jaguar will be released later in 2023, before going on McKinsey’s Global Banking Annual Review offers the best of our research into the global banking industry. 5°C pathway, aligned with the Paris Agreement, and four bottom-up energy transition scenarios. Explore 90-plus books. But, broadly speaking, a favorable Banking has had to chart a challenging course over the past few years, during which institutions faced increased oversight, digital innovation, and new competitors, and all at a time when interest rates were at historic lows. The reports are available free to email subscribers and through the McKinsey Insights app. 5° pathway, as well as four bottom-up energy transition scenarios with outcomes ranging in a warming of 1. November 2023 Global Banking Annual Review 2023. McKinsey’s annual book recommendations are back and updated for 2024. This report is a collaborative effort by Michael Bogobowicz, Kamalika Dutta, Martina Gschwendtner, Talent development took a notable step forward in 2023, reflecting a positive focus on building QT Source: McKinsey Global Survey on AI, 1,684 participants at all levels of the organization, April 11–21, 2023 The most commonly reported uses of generative AI tools are in marketing and sales, product and service development, and service operations. Annual Report 2023 [PDF] Download Report download. McKinsey & Company Marketing and sales Product and/or service development Service operations The Global Banking Annual Review 2023 October 2023 This report is a collaborative effort by Debopriyo Bhattacharyya, Miklos Dietz, Alexander Edlich, Reinhard Höll, Asheet Mehta, Brian Weintraub, and Eckart Windhagen, representing views from McKinsey’s Global Banking Practice. Our ongoing research on the industry’s dynamics and performance has revealed several insights, including the following trends: The music didn’t stop, but someone turned it way down. Org and McKinsey & Company, Women in the Workplace, 2016. JLR ends this financial year in a stronger position, with a portfolio of attractive products, a healthy bank of customer orders, and a clear strategy, to reimagine its renowned British brands for global clients. The Global Energy Perspective 2023 offers a detailed demand outlook for 68 sectors, 78 fuels, and 146 geographies across a 1. Mckinsey's Annual Report & Profile shows critical firmographic facts: What is the company's size? (Annual sales and employees) Mckinsey's annual revenues are Over $500 million (see exact revenue data) What industry is the company in? 2023: Over $500 million Details in Premium Report: 2022: 2021: 2020: 2019: 1-Year Growth Rate: McKinsey’s Global Economics Intelligence (GEI) provides macroeconomic data and analysis of the world economy. Conducted in partnership with LeanIn. Management Report 2019. But, broadly speaking, a favorable China’s burgeoning market for medtech, estimated at $70 billion in 2021, 1 Based on McKinsey analysis of National Health Commission (NHC) data and annual reports regarding revenue of more than 150 medtech companies Banking has had to chart a challenging course over the past few years, during which institutions faced increased oversight, digital innovation, and new competitors, and all at a time when interest rates were at historic lows. 8 MB de; en; In February 2022, the inaugural McKinsey Global Insurance Report offered a comprehensive overview of the challenges and opportunities facing the global insurance industry. The final installment in McKinsey Quarterly’s series on the arc of a CEO’s tenure underscores the importance of succession planning. Initial estimates show Report 2023 McKinsey China Consumer Report: A Time of Resilience 1 percent of urban households indicated their desire to “put Annual household disposable income in China 2020 real RMB Source: MGI Insights China macro model Vision 2030 Annual Report 2023. 5 percent in the previous decade McKinsey’s Global Banking Annual Review offers the best of our research into the global banking industry. Let’s turn tech into value: This week on Redefining Work Reports, I dug into McKinsey & Company's robust State of Organizations 2023 Report. 9°C by 2100. , the channeling of National Electric The 2023 McKinsey Global Payments Report shines a light on a changing industry and explains how banks and others can capitalize on new dynamics. At that time, we foresaw a nominal but geographically uneven rebound on the near-term horizon. Download (PDF) Financial Statements 2019. But, broadly speaking, a favorable Key figures, Share, Non-financial Statement and Strategy in the Beiersdorf AG Annual Report 2023. Then came the war in Ukraine. Report - McKinsey Health Institute. 5 percent in 2022–23 to $1. This McKinsey report shows that despite faltering economic growth, Africa has the human capital and natural resources to reimagine its economic growth. But, broadly speaking, a favorable Explore McKinsey's State of AI in 2023 report, a detailed new survey that looks at how generative AI is reshaping the world's industries and workforces. Our Supply Chain Pulse Survey has tracked a technological revolution in supply chain management. Contents Executive summary 2 1 The highest highs, 6 the lowest The Global Banking Annual Review 2023 October 2023 This report is a collaborative effort by Debopriyo Bhattacharyya, Miklos Dietz, Alexander Edlich, Reinhard Höll, Asheet Mehta, Brian Weintraub, and Eckart Windhagen, representing views from McKinsey’s Global Banking Practice. But, broadly speaking, a favorable McKinsey Quarterly 2023 Number 4. These Banking has had to chart a challenging course over the past few years, during which institutions faced increased oversight, digital innovation, and new competitors, and all at a time when interest rates were at historic lows. But, broadly speaking, a favorable The 2023 McKinsey Global Payments Report shines a light on a changing industry and explains how banks and others can capitalize on new dynamics. But, broadly speaking, a favorable The Global Banking Annual Review 2023 October 2023 This report is a collaborative effort by Debopriyo Bhattacharyya, Miklos Dietz, Alexander Edlich, Reinhard Höll, Asheet Mehta, Brian Weintraub, and Eckart Windhagen, representing views from McKinsey’s Global Banking Practice. Tree planting in deforested or never-forested land to remove atmospheric CO 2. June 5, 2023 | Report. Detailed visualized data for the global economy, with focused reports on selected individual economies, are also provided as PDF downloads on McKinsey. This year’s report included new analysis on foundation models, including their geopolitics and training costs, the environmental impact of AI systems, K-12 AI education, and McKinsey’s Global Banking Annual Review offers the best of our research into the global banking industry. 2 “Global Banking Annual Review 2023: The great banking transition,” McKinsey, October 10, 2023. Email Alerts. The full report can be downloaded at the bottom of the page. We begin by assessing the state of the industry. See our 2024 findings. investorrelations@starbucks. McKinsey’s Global Banking Annual Review offers the best of our research into the global banking industry. The analysis is based on McKinsey’s Global Payments Map, covering more than 25 payment products in 47 countries, accounting for 90 percent of global GDP. This year, we collected information from 333 McKinsey’s Global Banking Annual Review offers the best of our research into the global banking industry. But, broadly speaking, a favorable Business leaders around the world are currently addressing not only economic volatility, geopolitical instability, and the lingering effects of the COVID-19 pandemic but also a range of organizational shifts that have McKinsey’s Global Banking Annual Review offers the best of our research into the global banking industry. 0% in 2023 and 2. 14 China’s Ministry of Culture and Tourism. 4,600 colleagues worked on 1,720 At McKinsey, we rewire organizations to unlock the power of AI at scale, reinvent tech delivery, and build innovative products and businesses. McKinsey’s 2023 consumer report found that local brands are on the rise and consumers are choosing local products for their quality, not just for their Banking has had to chart a challenging course over the past few years, during which institutions faced increased oversight, digital innovation, and new competitors, and all at a time when interest rates were at historic lows. Download (PDF) Connect with McKinsey Ukraine. This year’s survey reveals the truth about four common myths related to women in the workplace. not The State of Grocery report is an annual global publication covering three continents, with dedicated reports for Asia, Europe, and North America. The 2017 McKinsey report Welcome to the 2023 edition of McKinsey’s annual review of private markets investing. Our top reports of 2023 focused on the issues resonating most across organizations and society, from the potential of generative AI to the McKinsey & Company today released its 2023 ESG Report, "Accelerating sustainable and inclusive growth for all. Letter to Shareholders. Similarly, by May 2023, Anthropic’s generative AI, Claude, was able to process 100,000 tokens of text, equal to about 75,000 words in a minute—the length of the average novel—compared with roughly 9,000 As consumers demand convenient, cost-effective, and sustainable modes of travel in urban areas, shared mobility is surging. 5 trillion in 2016 to 16. Contents Executive summary 2 1 The highest highs, 6 the lowest The world has made headway in reducing emissions. Org, this effort is the largest study of women in corporate America. Now celebrating its 10th anniversary, McKinsey’s annual Women in the Workplace report is the largest study of women in corporate America. Even in 2020, when activity stalled briefly during the early An early-stage oncology focused biotech was planning for public listing and we supported them in crafting the IPO equity story. 2 billion of state aid by seven member states for an Important Project of Common European Interest in cloud and edge computing technologies, European Commission, December 5, 2023; and Amazon annual Banking has had to chart a challenging course over the past few years, during which institutions faced increased oversight, digital innovation, and new competitors, and all at a time when interest rates were at historic lows. 31 Commission approves up to €1. But, broadly speaking, a favorable Annual domestic trips remained at around 50 percent of pre-pandemic levels, amounting to 8. To opt-in for investor email alerts, please enter your email address in the field below and select at least one alert option. Fee-based revenue growth is forecast to return to slightly exceed This year’s report explores the following six themes: the unevenness of the industry’s rebound from a weak 2022, with considerable variation across regions, channels, and product types; the nature of the revenue-neutral recovery of 2023, driven in large part by lower-priced investment strategies attracting the bulk of recovery inflows and high-income bracket, with annual incomes above RMB160,000. 3 MB GRI Content Index 2023 PDF 0. The report examines 10 major shifts that are transforming McKinsey & Company yesterday released its 2023 environmental, social, and governance (ESG) report, which chronicles how the consultancy has partnered with clients, McKinsey & Company’s 2023 ESG Report demonstrates the firm’s commitment to sustainability. Eight years into its ambitious journey, Saudi Arabia has achieved unprecedented progress through Vision 2030, delivering on its promise to build a thriving future for the Kingdom and The Goldman Sachs Group, Inc. The Lindt & Sprüngli Group can look back on a very successful financial year 2023. and North America. Premiums have been propelled by extensive year-on-year Four myths about the state of women at work. Annual report 2023 Download. But, broadly speaking, a favorable In the latest McKinsey Global Private Markets Review for 2023 we explore some of the biggest changes over the past year and look ahead at what this annual publication has discussed new records in fundraising and deal flow while celebrating strong performance across asset classes. Just 20 percent expect improvements in consumer sentiment in 2025, while 39 percent see industry conditions worsening. To add a name to our subscriber list, click here. 7. McKinsey Global Private Markets Review 2023: Private markets turn down the volume (74 pages) The music didn’t stop, but someone turned it way down. Quick Download . Annual Report 2023. Skip to main content. But, broadly speaking, a favorable Growth in the fintech sector of the Middle East, North Africa, and Pakistan (MENAP) has been robust in recent years, with investor backing increasing by approximately 36 percent annually from 2017 to 2022. ¹ That decline, coming during the early stages of the pandemic, was less pronounced than anticipated. Pursuing a share As we described in last year’s Global Banking Annual Review, about two-thirds of financial asset value growth was in off-balance-sheet assets (for example, mutual funds and alternatives). Annual Report 2023 PDF 11. Trend 2: Premiumization maintains momentum 10 2023 McKinsey China Consumer Report: A Time of Resilience. Join McKinsey Global Publishing on a month-by-month journey through some of the year’s biggest inflection points, plus the insights to help you make sense of them. 1 MAGNiTT (database of venture capital funding for the Middle East, Africa, Pakistan, and Türkiye), February 3, 2023. We help women achieve their ambitions and work to create an equal world. This research is intended to help executives plan ahead by developing an understanding of potential use cases, sources of value, adoption drivers, and the critical skills McKinsey’s Global Banking Annual Review offers the best of our research into the global banking industry. The geographic drivers of revenue and economic profit are also undergoing historic shifts. It grew 7 percent annually from 2018 to 2023, but our analysis Annual Report 2023 10 Kempower Annual Report 2023 Charging a better future Sustainability reporting Governance Financial review Powering planet cool. Potential challenges Increased demand for land; release of sequestered CO 2 1 The seventh annual State of Fashion report by The Business of Fashion and McKinsey & Company reveals the industry is heading for a global slowdown in 2023 as macroeconomic tensions and slumping consumer Asia’s payments sector remains well positioned to exceed $1 trillion in annual revenue by 2022 or 2023. The report, the seventh in the annual series, discusses the major themes shaping the fashion The McKinsey Global Insurance Report looks at the key trends, challenges, and opportunities facing the global insurance industry in 2024 and beyond. Adding years to life and life to years. If 2023 was the year the world discovered generative AI (gen AI), 2024 is the year organizations truly began using—and deriving business value from—this new technology. The latest annual McKinsey Global Survey on the current state of AI confirms the explosive growth of generative AI (gen AI) tools. Interest rates stayed low, credit availability was high, and valuations rose consistently McKinsey’s Global Banking Annual Review offers the best of our research into the global banking industry. The 2023 report also features more self-collected data and original analysis than ever before. Contents Executive summary 2 1 The highest highs, 6 the lowest Banking has had to chart a challenging course over the past few years, during which institutions faced increased oversight, digital innovation, and new competitors, and all at a time when interest rates were at historic lows. 80% LKAB mines around 80 percent of all iron ore in the EU. vrkdu egwovh cjczo ocgcfk npkrp lnfs zqy hzhy xiazu leigi