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 67 is higher than 99% 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 2023, Towers Watson reported total carbon emissions of approximately 384,131,000 kg CO2e. This figure includes 10,265,000 kg CO2e from Scope 1 emissions, 19,624,000 kg CO2e from Scope 2 emissions, and a significant 354,242,000 kg CO2e from Scope 3 emissions. In comparison, the 2022 emissions were about 344,575,000 kg CO2e, indicating an increase in total emissions year-on-year. Towers Watson has set ambitious climate commitments, aiming for net-zero emissions across its operations 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 decrease Scope 3 emissions from business travel by 55% per full-time employee within the same timeframe. Long-term goals include a 90% reduction in absolute Scope 1 and 2 emissions and a similar reduction in Scope 3 emissions by 2050. The company is also committed to ensuring that 67% of its suppliers, by spend, will have science-based targets by 2028. These initiatives reflect Towers Watson's dedication to addressing climate change and reducing its carbon footprint in alignment with industry standards.
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| 2022 | 2023 | |
|---|---|---|
| Scope 1 | 11,354,000 | 00,000,000 |
| Scope 2 | 24,225,000 | 00,000,000 |
| Scope 3 | 308,996,000 | 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.
