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OrganisationsMilliman
Milliman logo

Milliman

Insurance ServicesUnited States
Last verified 2 months agomilliman.com

Milliman, Inc., a leading global consulting and actuarial firm, is headquartered in the United States, with significant operations across North America, Europe, and Asia. Founded in 1947, Milliman has established itself as a key player in the insurance, healthcare, and financial services industries, providing expert solutions in risk management, actuarial science, and data analytics.

The firm offers a range of core services, including actuarial consulting, healthcare analytics, and risk assessment, distinguished by its commitment to innovation and client-centric approaches. Milliman's unique blend of technical expertise and industry knowledge has positioned it as a trusted advisor to clients worldwide. With a strong reputation for delivering high-quality insights and solutions, Milliman continues to achieve notable milestones, reinforcing its status as a leader in the consulting landscape.

69
DitchCarbon score

+32 vs industry average

Milliman’s score of 69 is higher than 83% 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

00.0M00.0M00.0M00.0M0

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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.

Milliman's reported carbon emissions

In 2024, Milliman, Inc. reported total carbon emissions of approximately 48.98 million kg CO2e, comprising 1.48 million kg CO2e from Scope 1, 4.95 million kg CO2e from Scope 2, and 42.55 million kg CO2e from Scope 3 emissions. This marks an increase from 2023, where total emissions were approximately 44.95 million kg CO2e, with Scope 1 at 1.10 million kg CO2e, Scope 2 at 4.37 million kg CO2e, and Scope 3 at 39.49 million kg CO2e. Milliman has set ambitious climate commitments, aiming for net-zero greenhouse gas emissions across its value chain by 2040. The company has established a near-term target to reduce absolute Scope 1, 2, and 3 GHG emissions by 46.2% by 2030, using 2019 as the base year. Long-term, Milliman aims for a 90% reduction in these emissions by 2040. These targets are aligned with the Science Based Targets initiative (SBTi) and reflect a commitment to significant reductions in greenhouse gas emissions, consistent with the global goal of limiting warming to 1.5°C. Milliman's emissions data is sourced directly from its own reporting, with no cascaded data from parent organizations.

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Milliman’s Climate Goals (2030 & 2050)

No climate goals have been disclosed for Milliman yet.

Scope 3 top emissions categories

No scope 3 category breakdown has been disclosed yet.

Climate initiatives

SCIENCE BASED TARGETS

Science Based Targets Initiative

See details
Active
CDP

Carbon Disclosure Project

See details
Not active
THE CLIMATE PLEDGE

The Climate Pledge

See details
Not active
United Nations Global Compact

UN Global Compact Climate Champions initiative

See details
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
Milliman logoMilliman
USInsurance Services
2 months ago
69
Iberdrola logoIberdrola
ESElectricity Distribution
20 hours ago
93
View
Oliver Wyman Group logoOliver Wyman Group
USBusiness Services
17 days ago
87
View
Oliver Wyman Actuarial Consulting, Inc. logoOliver Wyman Actuarial Consulting, Inc.
USBusiness Services
17 days ago
87
View
Mercer logoMercer
CAWood Reprocessing
21 hours ago
83
View
Towers Watson logoTowers Watson
GBInsurance Services
17 days ago
81
View
Endesa logoEndesa
ESBusiness Services
6 days ago
80
View

Frequently asked questions

Common questions about Milliman’s sustainability data and climate commitments

In 2024, Milliman reported total carbon emissions of approximately 49 million kg CO₂e. This includes around 1.5 million kg CO₂e from Scope 1, about 5 million kg CO₂e from Scope 2, and nearly 43 million kg CO₂e from Scope 3 emissions. The increase from approximately 45 million kg CO₂e in 2023 highlights the ongoing challenges in managing emissions across all scopes, particularly in the supply chain, which constitutes the largest share of their carbon footprint.

Data year: 2024

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See our License Agreement for more details.

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