Marsh & McLennan Companies Inc

Common Name
Marsh & McLennan Companies
Country
United States
Sector
Financial Services
Industry
Insurance - Brokers
Employees
90,000
Ticker
MMC
Exchange
NEW YORK STOCK EXCHANGE, INC.
Description
Marsh & McLennan Companies, Inc. is a global professional services firm that operates through two primary business segments: Risk and Insurance Services and Consulting. The company's core function is ...

Marsh & McLennan Companies's GHG Emissions Data Preview

In 2024, Marsh & McLennan Companies completed a corporate carbon footprint assessment and publicly disclosed its greenhouse gas (GHG) emissions according to the GHG Protocol, covering Scope 1 (direct emissions from owned or controlled sources), Scope 2 (indirect emissions from purchased energy) and Scope 3 (indirect emissions across the value chain).

Marsh & McLennan Companies has also provided a category-level breakdown for 10 out of 15 Scope 3 emissions categories, offering greater transparency into its value chain emissions.

Metric (tCO2e)2024202320222021 - 2017
Total Scope 1
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Total Scope 2
Market-Based
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Location-Based
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Unspecified Calculation Method
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Total Scope 3
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This table provides a simplified preview of selected GHG emissions data points. To access the complete dataset with full disclosures, detailed breakdowns, and source traceability, create a free account to view purchase options.

Insights into Marsh & McLennan Companies's Operational Emissions

In 2024, the total operational greenhouse gas (GHG) emissions of Marsh & McLennan Companies amounted to 77,390 metric tons of CO2 equivalent. This figure includes both direct emissions from owned or controlled sources (Scope 1) and indirect emissions from purchased energy (Scope 2).

Compared to 2023, the total operational greenhouse gas (GHG) emissions of Marsh & McLennan Companies decreased by 16.29%, showing that the company has made progress in taking action to reduce the climate impact of its operations.

Marsh & McLennan Companies's Scope 1 Emissions Over Time

201820192020202120222023202407 k14 k21 k28 ktCO2e+29%-8%+6%+12%-13%-20%
  • Total Scope 1
  • Year-over-Year Change

What are Marsh & McLennan Companies's Scope 1 emissions?

In 2024, the total Scope 1 emissions of Marsh & McLennan Companies were 18,865 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).

Has Marsh & McLennan Companies reduced its Scope 1 emissions over time?

Since 2018, Marsh & McLennan Companies's Scope 1 emissions have decreased by 1.53%, reflecting a declining long-term trend in Scope 1 emissions over time.

Compared to the previous year (2023), Marsh & McLennan Companies's Scope 1 emissions decreased by 20.19%, highlighting the company's efforts to lower direct emissions from assets it owns or controls.

What are Marsh & McLennan Companies's Scope 2 emissions?

In 2024, Marsh & McLennan Companies reported Scope 2 greenhouse gas (GHG) emissions of 16,038 tCOâ‚‚e using the market-based method and 58,525 tCOâ‚‚e using the location-based method.

Has Marsh & McLennan Companies reduced its Scope 2 emissions over time?

Compared to the previous year (2023), Marsh & McLennan Companies's Scope 2 emissions (Location-Based) fell by 14.95% in 2024, showing that the company has made progress in taking action to reduce the climate impact of its energy consumption.

What methodology does Marsh & McLennan Companies use for Scope 2 reporting?

In 2024, Marsh & McLennan Companies reported its Scope 2 emissions using the market-based method and using the location-based method.

Marsh & McLennan Companies's Scope 2 Emissions Over Time

2018201920202021202220232024025 k50 k75 k100 ktCO2e
  • Total Scope 2 Location-Based
  • Total Scope 2 Market-Based
  • Total Scope 2 (Unspecified Calculation Method)

Insights into Marsh & McLennan Companies's Value Chain Emissions

In 2024, Marsh & McLennan Companies reported 662,042 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) of Scope 3 greenhouse gas (GHG) emissions, representing indirect emissions across its upstream and downstream value chain.

The 2024 disclosure of Marsh & McLennan Companies includes a breakdown across 10 of the 15 Scope 3 categories defined by the GHG Protocol, matching the level of disclosure in 2023, demonstrating consistent Scope 3 emissions reporting coverage year over year.

Marsh & McLennan Companies's Scope 3 Emissions Over Time

20182019202020212022202320240200 k400 k600 k800 ktCO2e+581%-96%-62%+6066%+9%+33%
  • Total Scope 3
  • Year-over-Year Change

What are Marsh & McLennan Companies's Scope 3 emissions?

In 2024, Marsh & McLennan Companies reported total Scope 3 emissions of 662,042 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).

Approximately 99.52% of these emissions originated from upstream activities such as purchased goods and capital goods, while 0.48% came from downstream activities like product use, distribution, and end-of-life treatment.

Has Marsh & McLennan Companies reduced its Scope 3 emissions over time?

Since 2018, Marsh & McLennan Companies's Scope 3 emissions have increased by 797.32%, reflecting a rising long-term trend in Scope 3 emissions over time.

Compared to the previous year (2023), Marsh & McLennan Companies's Scope 3 emissions increased by 32.92%, suggesting that the company faced challenges in reducing emissions across its value chain.

What categories of Scope 3 emissions does Marsh & McLennan Companies disclose?

In 2024, Marsh & McLennan Companies reported emissions for 10 out of the 15 Scope 3 categories defined by the GHG Protocol.

This reflects a high level of granularity and transparency in the company's emissions reporting.

What are the main sources of Marsh & McLennan Companies's Scope 3 emissions?

In 2024, the largest contributors to Marsh & McLennan Companies's Scope 3 emissions were:

  • Purchased Goods and Services (Cat. 1): 388,730 tCOâ‚‚e (58.72%)
  • Business Travel (Cat. 6): 109,904 tCOâ‚‚e (16.6%)
  • Employee Commuting (Cat. 7): 74,769 tCOâ‚‚e (11.29%)

Marsh & McLennan Companies's Scope 3 Emissions by Categories

Employee Commuting(Cat. 7)(11.3%)Purchased Goods andServices (Cat. 1)(58.7%)Business Travel(Cat. 6)(16.6%)

Insights into Marsh & McLennan Companies's Total Carbon Footprint

In 2024, Marsh & McLennan Companies reported a total carbon footprint of 739,432 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 25.22% increase compared to 2023, suggesting a rise in emissions across its operations or value chain.

The largest contributor to Marsh & McLennan Companies's total carbon footprint was Scope 3 emissions, accounting for 89.53% of the company's total carbon footprint, followed by Scope 2 emissions at 7.91%.

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