Marsh And Mclennan Companies
Marsh & McLennan Companies, often referred to as MMC, is a leading global professional services firm headquartered in the United States. Established in 1905, the company has evolved into a powerhouse in the insurance, risk management, and consulting sectors, with a strong presence across North America, Europe, and Asia-Pacific. The firm operates through several key business areas, including Marsh, Guy Carpenter, Mercer, and Oliver Wyman, each offering unique services that range from risk assessment to strategic consulting. Marsh & McLennan is renowned for its innovative solutions and data-driven insights, which set it apart in a competitive market. With a commitment to excellence, MMC has achieved significant milestones, solidifying its position as a trusted advisor to clients worldwide. Its extensive expertise and comprehensive service offerings make it a formidable player in the professional services industry.
DitchCarbon Score
How does Marsh And Mclennan Companies's carbon action stack up? DitchCarbon scores companies based on their carbon action and commitment to reducing emissions. Read about our methodology to learn more.
Industry Average
Mean score of companies in the Insurance Services industry. Comparing a company's score to the industry average can give you a sense of how well the company is doing compared to its peers.
Industry Benchmark
Marsh And Mclennan Companies's score of 70 is higher than 100% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Marsh And Mclennan Companies's reported carbon emissions
In 2023, Marsh and McLennan Companies reported total carbon emissions of approximately 161,525,000 kg CO2e. This figure includes 23,637,000 kg CO2e from Scope 1 emissions, 34,298,000 kg CO2e from Scope 2 emissions, and significant Scope 3 emissions primarily from business travel, amounting to about 103,590,000 kg CO2e. The company has set ambitious climate commitments, aiming for a 50% reduction in absolute emissions by 2030, relative to a baseline year of 2023. By 2040, they target an 80% reduction, with a long-term goal of achieving net-zero emissions by 2050. These targets encompass all scopes of emissions, including Scope 1, 2, and 3. Marsh and McLennan's near-term targets include a 50% reduction in absolute Scope 1 and 2 greenhouse gas emissions by 2030 from a 2019 base year, alongside a 55% reduction in Scope 3 emissions per million USD of operating profit within the same timeframe. Long-term, they aim for a 90% reduction in Scope 1 and 2 emissions and a 97% reduction in Scope 3 emissions by 2050. These commitments align with industry standards and reflect the company's dedication to sustainability and climate action within the professional services sector.
Unlock detailed emissions data
Access structured emissions data, company-specific emission factors, and source documents
Add to project| 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|---|
| Scope 1 | 19,158,500 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
| Scope 2 | 75,126,200 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
| Scope 3 | 82,689,800 | 000,000,000 | 00,000,000 | 0,000,000 | 000,000,000 | 000,000,000 |
Industry emissions intensity
Location emissions intensity
Reduction initiatives & disclosure networks
Companies disclose and commit to reducing emissions to show they are serious about reducing emissions impact over time. They can also help a company track its progress over time.
Marsh And Mclennan Companies is committed to some reduction initiatives we track. This may change over time as the company engages with new initiatives or updates its commitments. DitchCarbon will update this information as it becomes available.
