Public Profile

Marsh & McLennan Companies, Inc.

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.

DitchCarbon Score

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.

68

Industry Average

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.

4

Industry Benchmark

Marsh & McLennan Companies, Inc.'s score of 68 is higher than 100% of the industry. This can give you a sense of how well the company is doing compared to its peers.

100%

Marsh & McLennan Companies, Inc.'s reported carbon emissions

In 2023, Marsh & McLennan Companies, Inc. reported total carbon emissions of approximately 23,565,100 kg CO2e. This includes Scope 1 emissions of about 976,760 kg CO2e, Scope 2 emissions of approximately 34,298,500 kg CO2e (market-based), and significant Scope 3 emissions, notably from purchased goods and services, which totalled around 11,241,890 kg CO2e. The company has set ambitious climate commitments, aiming for net-zero greenhouse gas emissions across its operations by 2050. In the near term, Marsh & McLennan has pledged to reduce absolute Scope 1 and 2 emissions by 50% by 2030, using 2019 as the baseline year. Additionally, they plan to cut Scope 3 emissions from purchased goods and services, capital goods, and business travel by 55% per million USD of operating profit within the same timeframe. 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 commitments align with industry standards and reflect the company's dedication to addressing climate change and reducing its carbon footprint.

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201820192020202120222023
Scope 1
19,158,500
0,000,000
00,000,000
00,000,000
00,000,000
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
00,000,000

Industry emissions intensity

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. Marsh & McLennan Companies, Inc.'s primary industry is Other business services (74), which is very low in terms of carbon intensity compared to other industries.

Location emissions intensity

Very low
Low
Medium
High
Very high
The carbon intensity of the energy grid powering a company's primary operations has a strong influence on its overall carbon footprint. Marsh & McLennan Companies, Inc. is headquartered in US, which has a rank of low, indicating low grid carbon 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 & McLennan Companies, Inc. 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.

Science Based Targets Initiative
Carbon Disclosure Project
The Climate Pledge
UN Global Compact
Carbon Disclosure Project
The Climate Pledge
UN Global Compact

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