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Insurance Services
GB
updated 3 days ago

Towers Watson

Company website

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.

67

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.

32

Industry Benchmark

Towers Watson's score of 67 is higher than 80% of the industry. This can give you a sense of how well the company is doing compared to its peers.

80%

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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. The total emissions for 2022 were about 344,575,000 kg CO2e, indicating a rise in 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 cut 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. These targets are aligned with the Science Based Targets initiative (SBTi) and reflect a commitment to sustainable practices within the professional services sector. Towers Watson's emissions data and climate commitments are sourced directly from the Willis Towers Watson Public Limited Company, with no data cascading from other corporate entities.

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201920222023
Scope 1
12,434,000
00,000,000
00,000,000
Scope 2
37,142,000
00,000,000
00,000,000
Scope 3
473,297,000
000,000,000
000,000,000

Industry emissions intensity

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. Towers Watson's primary industry is Insurance and pension funding services, except compulsory social security services (66), which is very low in terms of carbon intensity compared to other industries.

Location emissions intensity

Very low
Low
Medium
High
Very high
The carbon intensity of the energy grid powering a company's primary operations has a strong influence on its overall carbon footprint. This request for Towers Watson is in GB, which has a low grid carbon intensity relative to other regions.

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.

Science Based Targets Initiative
Carbon Disclosure Project
The Climate Pledge
UN Global Compact
RE 100
Climate Action 100
Race To Net Zero
Reduction Actions

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Where does DitchCarbon data come from?

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