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Marsh & McLennan Companies, Inc.
Insurance Agencies and BrokeragesUnited StatesNYSE: MMC
Last verified 2 months agomarshmclennan.com
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 within the insurance agencies and brokerages industry, providing a diverse range of services across risk management, insurance brokerage, and consulting.
With a strong presence in major operational regions including North America, Europe, and Asia, MMC is renowned for its innovative solutions tailored to meet the unique needs of clients. The firm’s core offerings encompass risk management, insurance brokerage, and employee benefits, distinguished by their commitment to excellence and client-centric approach.
As a market leader, Marsh & McLennan has achieved significant milestones, solidifying its reputation through strategic acquisitions and a robust portfolio of services that cater to various sectors.
96
DitchCarbon score
+53 vs industry average
Marsh & McLennan Companies, Inc.’s score of 96 is higher than 95% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Industry Intensity
Very Low
Insurance Agencies and Brokerages is among the least carbon-intensive industries
Industry performance
0.067
20182025
The Insurance Agencies and Brokerages industry has reduced its overall emissions by 30% since 2018
Emissions trajectory 2020 – 2028
202020212022202320242025202620272028
Reported emissions
Scope 1
•••kg CO₂e
Scope 2
•••kg CO₂e
Scope 3
•••kg CO₂e
Total reported
•••kg CO₂e
Scope 3 accounts for ••• of total emissions.
Marsh & McLennan Companies, Inc.'s reported carbon emissions
Marsh & McLennan Companies, Inc. is a US-headquartered Insurance Agencies and Brokerages firm committed to addressing climate change.
In 2024, the company reported total Scope 1 and 2 emissions (market-based) of approximately 36.6 million kg CO2e, with Scope 1 emissions at about 19.8 million kg CO2e and market-based Scope 2 emissions at roughly 16.8 million kg CO2e. Scope 3 emissions in 2024 included approximately 391.4 million kg CO2e from purchased goods and services, 113.7 million kg CO2e from business travel, and 78.4 million kg CO2e from employee commuting. Looking ahead, for 2025, Marsh & McLennan anticipates total Scope 1 and 2 emissions (market-based) of approximately 29.1 million kg CO2e, with Scope 1 emissions projected to be about 21.1 million kg CO2e and market-based Scope 2 emissions around 8.0 million kg CO2e. Estimated Scope 3 emissions for 2025 include approximately 342.8 million kg CO2e from purchased goods and services, 108.2 million kg CO2e from business travel, and 77.7 million kg CO2e from employee commuting.
Marsh & McLennan Companies, Inc. has set ambitious climate commitments validated by the Science Based Targets initiative (SBTi). The company is committed to achieving net-zero greenhouse gas emissions across its value chain by 2050. Near-term targets include a 50% reduction in absolute Scope 1 and 2 GHG emissions by 2030, from a 2019 base year. Additionally, the company aims to reduce Scope 3 GHG emissions from purchased goods and services, capital goods, and business travel by 55% per million USD of operating profit within the same timeframe. For the long term, Marsh & McLennan commits to reducing absolute Scope 1 and 2 GHG emissions by 90% by 2050 from a 2019 base year. Long-term Scope 3 targets include a 97% reduction in GHG emissions from purchased goods and services, capital goods, upstream transportation and distribution, business travel, and employee commuting per million USD of operating profit by 2050. These targets cover greenhouse gas emissions from company operations (Scopes 1 and 2) and are consistent with reductions required to limit global warming to 1.5°C.
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Marsh & McLennan Companies, Inc.’s Climate Goals (2030 & 2050)
10 goals2050
90% reduction in Scope 2
Marsh McLennan commits to reduce absolute scope 2 GHG emissions 90% by 2050 from a 2019 base year.
On track90%
2030
50% reduction in Scope 2
Marsh McLennan commits to reduce absolute scope 2 GHG emissions 50% by 2030 from a 2019 base year.
On track50%
2050
Marsh McLennan commits to reduce absolute scope 2 GHG emissi…
Marsh McLennan commits to reduce absolute scope 2 GHG emissions 50% by 2030 from a 2019 base year.
On track0%
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Showing SBTi-validated targets only. Sign up or sign in to see all disclosed climate targets.
Scope 3 top emissions categories
10 of 15 categories disclosedSee all scope 3 categories
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Climate initiatives
Science Based Targets Initiative
2030 targetSee details
Active
Carbon Disclosure Project
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Active
The Climate Pledge
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Not active
UN Global Compact Climate Champions initiative
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Not active
RE 100
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Not active
Climate Action 100
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Not active
Emissions comparison with industry peers
View similar organisationsCompanyCountryIndustryLast updatedScoreDetails
Marsh & McLennan Companies, Inc.2 months ago
96
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