Willis Towers Watson PLC

Common Name
Willis Towers Watson
Country
United Kingdom
Sector
Financial Services
Industry
Insurance - Brokers
Employees
49,000
Ticker
WTW
Exchange
NASDAQ/NGS
Description
Willis Towers Watson Public Limited Company is a global advisory, broking, and solutions company. It plays a crucial role in helping organizations optimize their benefits, manage risk, and enhance bus...

Willis Towers Watson's GHG Emissions Data Preview

In 2024, Willis Towers Watson 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).

Willis Towers Watson has also provided a category-level breakdown for 6 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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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 Willis Towers Watson's Operational Emissions

In 2024, the total operational greenhouse gas (GHG) emissions of Willis Towers Watson amounted to 31,905 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 Willis Towers Watson decreased by 2.18%, showing that the company has made progress in taking action to reduce the climate impact of its operations.

Willis Towers Watson's Scope 1 Emissions Over Time

2019202120222023202404 k8 k12 k16 ktCO2e-29%+12%-13%+7%
  • Total Scope 1
  • Year-over-Year Change

What are Willis Towers Watson's Scope 1 emissions?

In 2024, the total Scope 1 emissions of Willis Towers Watson were 10,492 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).

Has Willis Towers Watson reduced its Scope 1 emissions over time?

Since 2019, Willis Towers Watson's Scope 1 emissions have decreased by 26.44%, reflecting a declining long-term trend in Scope 1 emissions over time.

Compared to the previous year (2023), Willis Towers Watson's Scope 1 emissions increased by 6.78%, suggesting that the company faced challenges in reducing emissions from its directly owned or controlled operations.

What are Willis Towers Watson's Scope 2 emissions?

In 2024, Willis Towers Watson reported Scope 2 greenhouse gas (GHG) emissions of 17,294 tCOâ‚‚e using the market-based method, and 21,413 tCOâ‚‚e using the location-based method.

Has Willis Towers Watson reduced its Scope 2 emissions over time?

Since 2019, Willis Towers Watson's Scope 2 greenhouse gas (GHG) emissions (Location-Based) have decreased by 46.13%, reflecting a declining long-term trend in Scope 2 emissions over time.

Compared to the previous year (2023), Willis Towers Watson's Scope 2 emissions (Location-Based) have remained relatively stable, indicating that Willis Towers Watson 's emissions have plateaued with no significant change in its energy consumption footprint.

What methodology does Willis Towers Watson use for Scope 2 reporting?

In 2024, Willis Towers Watson reported its Scope 2 emissions using the market-based method and using the location-based method.

Willis Towers Watson's Scope 2 Emissions Over Time

20192021202220232024010 k20 k30 k40 ktCO2e
  • Total Scope 2 Location-Based
  • Total Scope 2 Market-Based

Insights into Willis Towers Watson's Value Chain Emissions

In 2024, Willis Towers Watson reported 321,433 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 Willis Towers Watson includes a breakdown across 6 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.

Willis Towers Watson's Scope 3 Emissions Over Time

201920212022202320240150 k300 k450 k600 ktCO2e-33%+5%+20%-13%
  • Total Scope 3
  • Year-over-Year Change

What are Willis Towers Watson's Scope 3 emissions?

In 2024, Willis Towers Watson reported total Scope 3 emissions of 321,433 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).

Approximately 100% of these emissions originated from upstream activities such as purchased goods and capital goods, while 0% came from downstream activities like product use, distribution, and end-of-life treatment.

Has Willis Towers Watson reduced its Scope 3 emissions over time?

Since 2019, Willis Towers Watson's Scope 3 emissions have decreased by 26.45%, reflecting a declining long-term trend in Scope 3 emissions over time.

Compared to the previous year (2023), Willis Towers Watson's Scope 3 emissions decreased by 13.47%, highlighting the company's efforts to lower indirect emissions from its value chain.

What categories of Scope 3 emissions does Willis Towers Watson disclose?

In 2024, Willis Towers Watson reported emissions for 6 out of the 15 Scope 3 categories defined by the GHG Protocol.

This partial disclosure allows for some insight into the company's indirect impacts.

What are the main sources of Willis Towers Watson's Scope 3 emissions?

In 2024, the largest contributors to Willis Towers Watson's Scope 3 emissions were:

  • Purchased Goods and Services (Cat. 1): 203,548 tCOâ‚‚e (63.33%)
  • Business Travel (Cat. 6): 61,957 tCOâ‚‚e (19.28%)
  • Employee Commuting (Cat. 7): 38,779 tCOâ‚‚e (12.06%)

Willis Towers Watson's Scope 3 Emissions by Categories

Purchased Goods andServices (Cat. 1)(63.3%)Business Travel(Cat. 6)(19.3%)Employee Commuting(Cat. 7)(12.1%)

Insights into Willis Towers Watson's Total Carbon Footprint

In 2024, Willis Towers Watson reported a total carbon footprint of 353,338 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 12.56% decrease compared to 2023, indicating progress in reducing its overall greenhouse gas output.

The largest contributor to Willis Towers Watson's total carbon footprint was Scope 3 emissions, accounting for 90.97% of the company's total carbon footprint, followed by Scope 2 emissions at 6.06%.

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