Strategy & Consulting Around Sustainability in ESG with Daniel Stephens & Farzana Huysman The Propcast

Summary: In the final episode of Season 10 of the Propcast, host Louisa Dickins is joined by Daniel Stephens, Senior Partner and Farzana Huysman, Junior Engagement Manager at McKinsey & Company.
Daniel and Farzana share what their roles at McKinsey & Company involve and the risks and strategies they’re spending most of their time on. The guests discuss the common themes and questions they get asked by clients - including finance, real estate and insurance.
In this episode you will hear about decarbonisation strategies McKinsey and Company have been focusing on and how their efforts compare to other organisations in the space. 

Resources:
LMRE Global Recruitment and Search Consultancy LMRE YouTube Interviews PropTech Salary Report, LMRE 2022
Companies Mentioned:
Measurabl British Land Hillbreak
Shout Outs:
Jon Lovell Matt Ellis
Key Insights From This Episode:  
We’re shifting to a regime where insights into sustainability topics are shifting from voluntary to mandated - Daniel Hiring new talent is of course extremely important, but I believe that in a couple of years time everyone is going to need some level of proficiency on climate - Farzana The landscape is moving so fast and that's not something we’re used to in the real estate industry, therefore a different skill set is required to understand the technical solutions and how they can monetise - Daniel
About Our Guests:
Daniel Stephens:
Daniel Stephens is a Senior Partner in McKinsey & Company’s Washington, D.C., office. He is the Global Co-leader of McKinsey’s Climate and ESG Finance Practice and serves financial institutions in North America and around the world on topics relating to credit risk, regulatory compliance, disclosures, reputational risk, and business building with respect to climate and ESG topics. 
Dan’s recent work includes standing up the climate risk program at a global trillionaire bank; conducting climate stress testing at a major North American bank; working with multiple banks on ESG and climate regulatory response; and building an ESG-led business model for a large global bank. 
Outside of ESG and climate, Dan serves a broad range of clients across the commercial financial services space, as well as several public finance entities, including financial regulators, government lending programs, and government distribution programs. 
Dan holds an A.B. in History from Princeton University and a J.D. with honours from Harvard Law School. He is a founding board member of Foster America, a not-for-profit that serves at-risk youth and child welfare agencies.

Farzana Huysman:
Farzana Huysman is a project manager in McKinsey & Company’s London office, where she focuses on serving financial institutions on sustainability, covering topics such as financing of decarbonisation and new green businesses, assessment and adaptation to physical climate risk, and de-risking the energy transition. 
Farzana’s recent work includes scaling transition finance capabilities at an emerging markets bank; supporting growth and innovation of climate solutions for a global insurance broker; and assessing implications of physical climate risk for a European property insurer. Beyond financial institutions, Farzana has supported strategy and digital transformation efforts for clients in life sciences and shipping.
Farzana’s background is in engineering, with an MEng in Mechanical Engineering from the University of Cambridge, and previous work in building engineering. She co-leads the London office’s pro-bono support for a UK charity tackling global poverty.

About McKinsey & Company:
McKinsey & Company is a global management consulting firm. They are the trusted advisor to the world's leading businesses, governments, and institutions. 
They work with leading organisations across the private, public and social sectors. Their scale, scope, and knowledge allow them to address problems that no one else can. They have