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.
+32 vs industry average
Milliman’s score of 69 is higher than 81% 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
Insurance Services is among the least carbon-intensive industries
Industry performance
The Insurance Services industry has reduced its overall emissions by 7% since 2019
Emissions trajectory 2020 – 2027
Reported emissions
Scope 3 accounts for ••• of total emissions.
Milliman's reported carbon emissions
Milliman, a US-based insurance and pension funding services provider, reported a total of 48,978,000 kg CO2e in emissions for 2024. This figure encompasses Scope 1, Scope 2, and Scope 3 emissions. Scope 1 emissions amounted to approximately 1,478,000 kg CO2e, while Scope 2 emissions were approximately 4,952,000 kg CO2e. Scope 3 emissions constituted the largest portion, at approximately 42,548,000 kg CO2e. The company has set ambitious climate commitments, including a near-term target to reduce absolute Scope 1, 2, and 3 GHG emissions by 46.2% by 2030, using 2019 as the base year. Milliman also commits to reducing absolute Scope 1, 2, and 3 GHG emissions by 90% by 2040 from the same 2019 baseline. Furthermore, the company aims to reach net-zero greenhouse gas emissions across its value chain by 2040. These targets are aligned with the Science Based Targets initiative (SBTi) and aim to limit global warming to 1.5°C.
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Milliman’s Climate Goals (2030 & 2050)
No climate goals have been disclosed for Milliman yet.
Scope 3 top emissions categories
No scope 3 category breakdown has been disclosed yet.
Climate initiatives
Science Based Targets Initiative
Carbon Disclosure Project
The Climate Pledge
UN Global Compact Climate Champions initiative
RE 100
Climate Action 100
Emissions comparison with industry peers
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Milliman
Frequently asked questions
Common questions about Milliman’s sustainability data and climate commitments
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