Towers Watson
Towers Watson, officially known as Willis Towers Watson, is a leading global advisory, broking, and solutions company headquartered in Great Britain. Established in 1828, the firm has evolved significantly, merging with Towers Watson in 2016 to enhance its service offerings across various sectors. Operating in over 140 countries, Willis Towers Watson excels in risk management, insurance brokerage, and human capital consulting. Their unique blend of data analytics and industry expertise allows them to deliver tailored solutions that address complex client challenges. Recognised for its innovative approach, the company has consistently maintained a strong market position, serving a diverse clientele that includes multinational corporations and government entities. With a commitment to driving results through strategic insights, Willis Towers Watson remains a trusted partner in navigating the complexities of today’s business landscape.
DitchCarbon Score
How does Towers Watson'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
Towers Watson's score of 85 is higher than 92% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Towers Watson's reported carbon emissions
In 2024, Towers Watson reported total carbon emissions of approximately 349,219,000 kg CO2e. This figure includes 10,492,000 kg CO2e from Scope 1 emissions, 17,294,000 kg CO2e from Scope 2 emissions (market-based), and a significant 321,433,000 kg CO2e from Scope 3 emissions, which encompasses categories such as purchased goods and services (203,548,000 kg CO2e) and business travel (61,957,000 kg CO2e). Comparatively, in 2023, the company’s total emissions were about 399,431,000 kg CO2e, indicating a reduction in emissions year-on-year. The breakdown for 2023 included 9,826,000 kg CO2e from Scope 1, 18,137,000 kg CO2e from Scope 2 (market-based), and 371,468,000 kg CO2e from Scope 3. Towers Watson has set ambitious climate commitments, aiming for net-zero emissions across all scopes by 2050. The company has established a near-term target to reduce absolute Scope 1 and 2 greenhouse gas emissions by 50% by 2030, using 2019 as the baseline year. Additionally, it aims to reduce Scope 3 emissions from business travel by 55% per full-time employee within the same timeframe. Long-term, Towers Watson targets a 90% reduction in absolute Scope 1 and 2 emissions by 2050, alongside a similar 90% reduction in Scope 3 emissions. These targets are aligned with the Science Based Targets initiative (SBTi) and reflect the company's commitment to sustainable practices within the professional services sector. The emissions data and reduction targets are sourced directly from Towers Watson, with no cascading from a parent organization.
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| 2022 | 2023 | 2024 | |
|---|---|---|---|
| Scope 1 | 11,354,000 | 0,000,000 | 00,000,000 |
| Scope 2 | 24,225,000 | 00,000,000 | 00,000,000 |
| Scope 3 | 308,996,000 | 000,000,000 | 000,000,000 |
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.
Towers Watson 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.
