Marsh McLennan has announced its intention to set and execute low-carbon transition strategies that chart a path to net-zero across its operations by 2050 and reduce its emissions by 50% by 2030. The company will also set an emission reduction target aligned with the Science Based Targets initiative’s criteria.
“We are proud to be part of the global movement to develop solutions needed to keep global temperature rise below 1.5°C and prepare for a warmer world,” said Dan Glaser, president and CEO, Marsh McLennan. “Just as we advise our clients on how to execute the profound transformations required, we are committing to chart our own path to net-zero at Marsh McLennan.”
In 2021, Marsh McLennan made a number of ESG-related strides. It became certified as a CarbonNeutral company, established its Inclusion and Diversity Center of Excellence, and appointed its eighth director meeting the company’s diversity criteria to the board in the last decade.
“The idea that companies must benefit all of their stakeholders – shareholders, colleagues, clients and the communities in which they operate – has long spurred Marsh McLennan’s actions in the areas we now refer to as ESG," added Katherine Brennan, head of Marsh McLennan’s ESG Management Committee. “These stakeholders have come to expect transparency through ESG reporting, and it is our hope that through this report they gain a greater understanding of our impact.”
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