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OrganisationsTowers Watson
Towers Watson logo

Towers Watson

Insurance ServicesUnited KingdomNASDAQ: WTW
Last verified 6 months agotowerswatson.com

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.

81
DitchCarbon score

+44 vs industry average

Towers Watson’s score of 81 is higher than 90% of the industry. This can give you a sense of how well the company is doing compared to its peers.

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Industry Intensity

Very Low

Insurance Services is among the least carbon-intensive industries

Industry performance

0.029
20192025

The Insurance Services industry has reduced its overall emissions by 7% since 2019

Emissions trajectory 2020 – 2027

000.0M000.0M000.0M000.0M0

Unlock Forecasting

Sign up to see forecasted emissions and if they are on track for their climate goals

20202021202220232024202520262027

Reported emissions

Scope 1
•••kg CO₂e
Scope 2
•••kg CO₂e
Scope 3
•••kg CO₂e
Total reported
•••kg CO₂e

Scope 3 accounts for ••• of total emissions.

Towers Watson's reported carbon emissions

In 2024, Towers Watson reported total carbon emissions of approximately 349.2 million kg CO2e. This includes Scope 1 emissions of about 10.5 million kg CO2e, Scope 2 emissions of approximately 17.3 million kg CO2e (market-based), and significant Scope 3 emissions of around 321.4 million kg CO2e. The company has set ambitious climate commitments, aiming for net-zero emissions across its value chain by 2050. Towers Watson has established near-term targets to reduce absolute Scope 1 and 2 greenhouse gas emissions by 50% by 2030, using 2019 as the base 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, 2, and 3 emissions by 2050, also from a 2019 baseline. These commitments align with the Science Based Targets initiative (SBTi) and the United Nations' climate initiatives, demonstrating Towers Watson's dedication to sustainable practices and climate responsibility.

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Towers Watson’s Climate Goals (2030 & 2050)

1 goal

2030

50% reduction in all scopes

Committed to achieving net zero emissions in our business operations by 2050 at the latest, with a 50% reduction target by 2030

Behind target50%

2030

62% reduction in total GHG

Vs 2019 baseline. Validated by SBTi. Includes full supply chain.

At risk48%

2040

50% reduction in Scope 3 intensity

Across purchased goods and services and logistics.

Behind target22%

See all 1 climate goals

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Scope 3 top emissions categories

6 of 15 categories disclosed
Purchased Goods & Services63%
Business Travel19%
Employee Commuting12%
Fuel & Energy Activities3%
Capital Goods2%
Waste Generated in Operations0%
Purchased Goods & Services63%
Business Travel19%
Employee Commuting12%
Fuel & Energy Activities3%
Capital Goods2%
Waste Generated in Operations0%

See all scope 3 categories

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Climate initiatives

SCIENCE BASED TARGETS

Science Based Targets Initiative

See details
Active
CDP

Carbon Disclosure Project

Sign in to view
Active
THE CLIMATE PLEDGE

The Climate Pledge

See details
Not active
United Nations Global Compact

UN Global Compact Climate Champions initiative

See details
Not active
RE 100

RE 100

See details
Not active
Climate Action 100+

Climate Action 100

See details
Not active

Emissions comparison with industry peers

View similar organisations
CompanyCountryIndustryLast updatedScoreDetails
Towers Watson logoTowers Watson
GBInsurance Services
6 months ago
81
Cognizant logoCognizant
USComputer Services
15 days ago
100
View
Telus logoTelus
CABusiness Services
22 days ago
96
View
Marsh & McLennan Companies, Inc. logoMarsh & McLennan Companies, Inc.
USInsurance Agencies and Brokerages
19 hours ago
95
View
Workday logoWorkday
USComputer Services
22 days ago
84
View
Assurant logoAssurant
USInsurance Services
5 days ago
79
View
Fidelity National Information Services, Inc. logoFidelity National Information Services, Inc.
USComputer Services
16 hours ago
71
View

Frequently asked questions

Common questions about Towers Watson’s sustainability data and climate commitments

In 2024, Towers Watson reported total carbon emissions of approximately 349.2 million kg CO₂e. This includes Scope 1 emissions of about 10.5 million kg CO₂e, Scope 2 emissions of approximately 17.3 million kg CO₂e, and significant Scope 3 emissions of around 321.4 million kg CO₂e. The vast majority of emissions stem from Scope 3, highlighting the importance of addressing supply chain impacts in their sustainability strategy.

Data year: 2024

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