Marsh & McLennan Companies, Inc., 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 significant operations across North America, Europe, and Asia-Pacific. Specialising in risk, strategy, and people, MMC offers a diverse range of services through its well-known subsidiaries, including Marsh, Guy Carpenter, Mercer, and Oliver Wyman. These entities provide unique solutions tailored to meet the complex needs of clients, from insurance brokerage to human resources consulting. With a strong market position, Marsh & McLennan is recognised for its innovative approach and commitment to excellence, consistently achieving notable milestones in the industry. The firm’s dedication to delivering value and insights has solidified its reputation as a trusted partner for organisations worldwide.
How does Marsh & McLennan Companies, Inc.'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.
Mean score of companies in the Business 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.
Marsh & McLennan Companies, Inc.'s score of 82 is higher than 91% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2024, Marsh & McLennan Companies, Inc. reported total carbon emissions of approximately 688,000,000 kg CO2e, with significant contributions from Scope 3 emissions, which accounted for about 662,000,000 kg CO2e. The breakdown of emissions includes 18,865,000 kg CO2e from Scope 1 and 16,038,000 kg CO2e from Scope 2 (market-based). The company has set ambitious climate commitments, aiming for a 50% reduction in absolute Scope 1 and 2 greenhouse gas emissions by 2030, using 2019 as the base year. Furthermore, they are committed to achieving net-zero carbon emissions across their global operations by 2050. Marsh & McLennan's long-term targets include a 90% reduction in absolute Scope 1 and 2 emissions by 2050 and a 97% reduction in Scope 3 emissions per million USD of operating profit. These targets are aligned with the Science Based Targets initiative (SBTi) and reflect the company's commitment to low-carbon transition strategies across its operations. In 2023, the company reported total emissions of approximately 498,000,000 kg CO2e, with Scope 3 emissions again being the largest contributor at about 498,000,000 kg CO2e. This indicates a growing awareness and response to climate change impacts within their operational framework. Overall, Marsh & McLennan is actively working towards significant emissions reductions and has established a clear pathway to net-zero emissions, demonstrating leadership in the professional services sector regarding climate commitments.
Access structured emissions data, company-specific emission factors, and source documents
2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|---|---|
Scope 1 | 19,158,500 | 00,000,000 | 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 | 00,000,000 |
Scope 3 | 73,780,300 | 000,000,000 | 00,000,000 | 0,000,000 | 000,000,000 | 000,000,000 | 000,000,000 |
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 & McLennan Companies, Inc. is participating in some of the initiatives that 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.