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Milliman, Inc., a leading global consulting firm, is headquartered in the United States and operates extensively across North America, Europe, and Asia. Founded in 1947, Milliman has established itself in the insurance and pension funding services sector, specifically excluding compulsory social security services.
The firm offers a range of core products and services, including actuarial consulting, risk management, and technology solutions, which are distinguished by their data-driven approach and innovative methodologies. Milliman's commitment to delivering tailored solutions has positioned it as a trusted partner for clients navigating complex financial landscapes.
With a strong market presence, Milliman has achieved notable recognition for its expertise in the insurance and pension industries, consistently ranking among the top firms in its field. Its dedication to client success and industry leadership continues to drive its growth and influence in the sector.
69
DitchCarbon score
+30 vs industry average
Milliman’s score of 69 is higher than 79% 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 Services is among the least carbon-intensive industries
Industry performance
0.058
20182025
The Insurance Services industry has reduced its overall emissions by 25% since 2018
Emissions trajectory 2020 – 2027
20202021202220232024202520262027
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.
Milliman's reported carbon emissions
In 2024, Milliman's total reported carbon emissions were approximately 48,978,000 kg CO2e. This included Scope 1 emissions of around 1,478,000 kg CO2e, Scope 2 emissions of about 4,952,000 kg CO2e, and Scope 3 emissions of approximately 42,548,000 kg CO2e.
Milliman has set Science Based Targets initiative (SBTi) approved targets. The company commits to reach net-zero greenhouse gas emissions across its value chain by 2040. For near-term targets, Milliman aims to reduce absolute Scope 1, 2, and 3 GHG emissions by 46.2% by 2030 from a 2019 base year. For long-term targets, Milliman commits to reduce absolute Scope 1, 2, and 3 GHG emissions by 90% by 2040 from a 2019 base year.
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Milliman’s Climate Goals (2030 & 2050)
3 goals2040
90% reduction in all scopes
Milliman commits to reduce absolute scope 1, 2 and 3 GHG emissions 90% by 2040 from a 2019 base year.
Behind target90%
2030
46.2% reduction in all scopes
Milliman commits to reduce absolute scope 1, 2 and 3 GHG emissions 46.2% by 2030 from a 2019 base year.
Behind target46.2%
2040
Milliman Inc
Milliman Inc. commits to reach net-zero greenhouse gas emissions across the value chain by 2040.
Behind target0%
Showing SBTi-validated targets only. Sign up or sign in to see all disclosed climate targets.
Scope 3 top emissions categories
No scope 3 category breakdown has been disclosed yet.
Climate initiatives
Science Based Targets Initiative
See details
Active
Carbon Disclosure Project
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Not active
The Climate Pledge
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Not active
UN Global Compact Climate Champions initiative
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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
Milliman5 months ago
69
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Frequently asked questions
Common questions about Milliman’s sustainability data and climate commitments
In 2024, Milliman reported total carbon emissions of approximately 49 million kg CO2e. The largest portion, around 42.5 million kg CO2e, comes from Scope 3 emissions, representing the vast majority of the company's footprint. Scope 2 emissions accounted for about 5 million kg CO2e, and Scope 1 emissions were roughly 1.5 million kg CO2e. This data highlights the significant impact of Milliman's value chain activities on its overall environmental performance within the insurance and pension funding services sector.
Data year: 2024
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