Milliman
Milliman, Inc., a leading global consulting and actuarial firm, is headquartered in the United States, with significant operations across North America, Europe, and Asia. Founded in 1947, Milliman has established itself as a key player in the insurance, healthcare, and financial services industries, providing expert solutions in risk management, actuarial science, and data analytics. The firm offers a range of core services, including actuarial consulting, healthcare analytics, and risk assessment, distinguished by its commitment to innovation and client-centric approaches. Milliman's unique blend of technical expertise and industry knowledge has positioned it as a trusted advisor to clients worldwide. With a strong reputation for delivering high-quality insights and solutions, Milliman continues to achieve notable milestones, reinforcing its status as a leader in the consulting landscape.
DitchCarbon Score
How does Milliman'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.
Industry Average
Mean score of companies in the Insurance 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.
Industry Benchmark
Milliman's score of 62 is higher than 82% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Milliman's reported carbon emissions
In 2023, Milliman, Inc. reported total carbon emissions of approximately 44,000,000 kg CO2e, comprising 1,095,000 kg CO2e from Scope 1, 4,372,000 kg CO2e from Scope 2, and 39,486,000 kg CO2e from Scope 3 emissions. This marks a significant increase in emissions compared to 2022, where total emissions were about 39,000,000 kg CO2e, with Scope 1 at 994,000 kg CO2e, Scope 2 at 3,928,000 kg CO2e, and Scope 3 at 29,388,000 kg CO2e. Milliman has set ambitious climate commitments, aiming for net-zero greenhouse gas emissions across its value chain by 2040. The company has established near-term targets to reduce absolute Scope 1, 2, and 3 GHG emissions by 46.2% by 2030, using 2019 as the baseline year. Furthermore, long-term targets include a 90% reduction in absolute emissions across all scopes by 2040. These targets are aligned with the Science Based Targets initiative (SBTi) and are classified as consistent with the reductions required to limit global warming to 1.5°C. Milliman's commitment reflects a proactive approach to addressing climate change within the professional services sector, demonstrating a clear pathway towards substantial emissions reductions.
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| 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|
| Scope 1 | 1,272,000 | 000,000 | 0,000,000 | 000,000 | 0,000,000 |
| Scope 2 | 3,831,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 |
| Scope 3 | 59,841,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
Industry emissions intensity
Location emissions 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.
Milliman 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.
