Towers Watson

Towers Watson, a UK-based company in the Insurance Agencies and Brokerages industry, reported its most recent carbon emissions for 2025 as approximately 221,334,000 kg CO2e (221,334 tonnes CO2e). This total includes Scope 1 emissions of about 8,402,000 kg CO2e, market-based Scope 2 emissions of approximately 15,918,000 kg CO2e, and Scope 3 emissions of around 197,014,000 kg CO2e. Key categories within Scope 3 emissions for 2025 include purchased goods and services (about 73,185,000 kg CO2e), business travel (approximately 49,909,000 kg CO2e), and employee commute (about 35,911,000 kg CO2e).

Looking back, Towers Watson's total emissions in 2024 were approximately 349,219,000 kg CO2e (349,219 tonnes CO2e), which comprised Scope 1 emissions of around 10,492,000 kg CO2e, market-based Scope 2 emissions of about 17,294,000 kg CO2e, and Scope 3 emissions of roughly 321,433,000 kg CO2e. In 2023, the company's total emissions stood at approximately 399,431,000 kg CO2e (399,431 tonnes CO2e), with Scope 1 at about 9,826,000 kg CO2e, market-based Scope 2 at approximately 18,137,000 kg CO2e, and Scope 3 at roughly 371,468,000 kg CO2e. This indicates a general downward trend in overall emissions from 2023 to 2025.

Towers Watson is committed to ambitious climate targets. The company has set Science Based Targets initiative (SBTi) validated targets, committing to reach net-zero greenhouse gas emissions across its value chain by 2050. As part of its near-term commitments, Towers Watson aims to reduce absolute Scope 1 and Scope 2 GHG emissions by 50% by 2030, using a 2019 baseline year. Furthermore, the company commits to reducing Scope 3 GHG emissions from business travel by 55% per full-time employee within the same timeframe, and aims for 67% of its suppliers (by spend covering purchased goods and services) to have science-based targets by 2028. For its long-term goals, by 2050, Towers Watson commits to a 90% reduction in absolute Scope 1 and Scope 2 GHG emissions from a 2019 base year. Concurrently, it plans to reduce absolute Scope 3 GHG emissions from purchased goods and services, capital goods, fuel- and energy-related activities, waste generated in operations, business travel, and employee commuting by 90% within the same 2019-2050 timeframe. These targets are consistent with reductions required to limit global warming to 1.5°C. Towers Watson also confirmed its commitment to the SBTi Net Zero Standard, the United Nations Business Ambition for 1.5°C campaign, and the United Nations Race to Zero campaign.