Towers Watson Sustainability Profile
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 88 is higher than 94% 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, with Scope 1 emissions at about 10,492,000 kg CO2e, Scope 2 emissions (market-based) at approximately 17,294,000 kg CO2e, and significant Scope 3 emissions totalling around 321,433,000 kg CO2e. This represents a decrease from 2023, where total emissions were about 399,431,000 kg CO2e, with Scope 1 at 9,826,000 kg CO2e, Scope 2 (market-based) at 18,137,000 kg CO2e, and Scope 3 at approximately 371,468,000 kg CO2e. Towers Watson has committed to achieving net-zero emissions across its operations by 2050, with an interim target of a 50% reduction in absolute emissions by 2030 from a 2019 baseline. This commitment encompasses all scopes of emissions. Specifically, the company aims for a 90% reduction in absolute Scope 1 and 2 emissions by 2050, alongside a 90% reduction in Scope 3 emissions, which includes categories such as purchased goods and services, business travel, and employee commuting. 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. Towers Watson's proactive approach to reducing its carbon footprint demonstrates its dedication to addressing climate change and promoting environmental responsibility.
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| 2019 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|
| Scope 1 | 14,263,000 | 00,000,000 | 0,000,000 | 00,000,000 |
| Scope 2 | 39,405,000 | 00,000,000 | 00,000,000 | 00,000,000 |
| Scope 3 | 437,036,000 | 000,000,000 | 000,000,000 | 000,000,000 |
How Carbon Intensive is Towers Watson's Industry?
How Carbon Intensive is Towers Watson's Location?
Towers Watson's Scope 3 Categories Breakdown
Towers Watson's Scope 3 emissions, which decreased by 13% last year and decreased by approximately 26% since 2019, demonstrating supply chain emissions tracking. The vast majority of their carbon footprint comes from suppliers and value chain emissions, representing the vast majority of total emissions under the GHG Protocol, with "Purchased Goods and Services" being the largest emissions source at 63% of Scope 3 emissions.
Top Scope 3 Categories
Towers Watson's Climate Goals (2030 & 2050)
Climate goals typically focus on 2030 interim targets and 2050 net-zero commitments, aligned with global frameworks like the Paris Agreement and Science Based Targets initiative (SBTi) to ensure alignment with global climate goals.
Towers Watson has established climate goals through participation in recognized frameworks and target-setting initiatives. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
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Frequently Asked Questions
Common questions about Towers Watson's sustainability data and climate commitments