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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 prominent global advisory, broking, and solutions firm specializing in risk management, employee benefits, actuarial services, and insurance brokerage....

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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0000000
Total Scope 2
Market-Based
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b
0000000
Location-Based
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0000000
Total Scope 3
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a
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b
0000000
Total Scope 1 Revenue Intensity (tCO2e/$M)
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0000000
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Verified Sources Behind Willis Towers Watson’s Greenhouse Gas (GHG) Emissions Data

Every figure on this dashboard has a transparent audit trail. With Tracenable, each data point is traceable back to its original source, viewable directly inside our platform. Explore Willis Towers Watson’s data sources below and access millions more through our Disclosure Search.

a. Willis Towers Watson's Sustainability Report 2024
a. Willis Towers Watson's Sustainability Report 2024
b. Willis Towers Watson's Sustainability Report 2023
b. Willis Towers Watson's Sustainability Report 2023

Insights into Willis Towers Watson's Operational Emissions

In 2024, the total operational greenhouse gas (GHG) emissions ofWillis Towers Watson amounted to31,905metric 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).a

Compared to 2023, the total operational greenhouse gas (GHG) emissions of Willis Towers Watsondecreased by 2.18%, showing that the company has made progress in taking action to reduce the climate impact of its operations.a

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).a

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.a

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.a

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.a

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.a

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.a

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.a

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.a

The 2024 disclosure of Willis Towers Watson includes a breakdown across 6of 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.a

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).a

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.a

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

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

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.a

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.a

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:a

  • 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

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

Insights into Willis Towers Watson’s GHG Emissions Intensity Compared to Industry Peers

In 2024, Willis Towers Watson reported Scope 1 greenhouse gas (GHG) emissions of 10,492 tCOâ‚‚e and total revenues of USD 9,930 millions. This translates into an emissions intensity of 1.06 tCOâ‚‚e per millions USD.a

Willis Towers Watson's Scope 1 Emissions Intensity Compared to Peers

51001,00020,000200,000Scope 1 Emissions (tCO2e)505002,00020,000100,000Revenues (Millions of USD)JBSAQSage GroupYear: 2024Scope 1: 1,399 tCO2eRevenue: $M 3,121Scope 1 Intensity: 0.45 tCO2e/$MStandard CharteredYear: 2024Scope 1: 7,696 tCO2eRevenue: $M 14,631Scope 1 Intensity: 0.53 tCO2e/$MPhoenix Group HoldingsYear: 2024Scope 1: 2,111 tCO2eRevenue: $M 18,105Scope 1 Intensity: 0.12 tCO2e/$MJJJupiter Fund ManagementYear: 2024Scope 1: 66 tCO2eRevenue: $M 505Scope 1 Intensity: 0.13 tCO2e/$MBBBridgepoint GroupYear: 2024Scope 1: 51 tCO2eRevenue: $M 487Scope 1 Intensity: 0.10 tCO2e/$MLegal & General GroupYear: 2024Scope 1: 9,665 tCO2eRevenue: $M 26,150Scope 1 Intensity: 0.37 tCO2e/$MAdmiral GroupYear: 2024Scope 1: 542 tCO2eRevenue: $M 6,110Scope 1 Intensity: 0.09 tCO2e/$MNatWest GroupYear: 2024Scope 1: 9,402 tCO2eRevenue: $M 18,388Scope 1 Intensity: 0.51 tCO2e/$MAvivaYear: 2024Scope 1: 7,437 tCO2eRevenue: $M 39,855Scope 1 Intensity: 0.19 tCO2e/$MSSSagaYear: 2024Scope 1: 109,647 tCO2eRevenue: $M 731Scope 1 Intensity: 150.02 tCO2e/$MAAAlpha Group InternationalYear: 2024Scope 1: 19 tCO2eRevenue: $M 170Scope 1 Intensity: 0.11 tCO2e/$MBeazleyYear: 2024Scope 1: 8 tCO2eRevenue: $M 747Scope 1 Intensity: 0.01 tCO2e/$MPrudentialYear: 2024Scope 1: 1,562 tCO2eRevenue: $M 6,010Scope 1 Intensity: 0.26 tCO2e/$MSt James's PlaceYear: 2024Scope 1: 597 tCO2eRevenue: $M 32,446Scope 1 Intensity: 0.02 tCO2e/$MLloyds Banking GroupYear: 2024Scope 1: 20,441 tCO2eRevenue: $M 23,345Scope 1 Intensity: 0.88 tCO2e/$MQQQuilterYear: 2024Scope 1: 354 tCO2eRevenue: $M 6,808Scope 1 Intensity: 0.05 tCO2e/$MBarclaysYear: 2024Scope 1: 8,949 tCO2eRevenue: $M 32,913Scope 1 Intensity: 0.27 tCO2e/$MParagon Banking GroupYear: 2024Scope 1: 818 tCO2eRevenue: $M 645Scope 1 Intensity: 1.27 tCO2e/$MDirect Line Insurance GroupYear: 2024Scope 1: 4,257 tCO2eRevenue: $M 6,015Scope 1 Intensity: 0.71 tCO2e/$MWillis Towers WatsonYear: 2024Scope 1: 10,492 tCO2eRevenue: $M 9,930Scope 1 Intensity: 1.06 tCO2e/$M

How does Willis Towers Watson's GHG emissions intensity compare to its peers?

In 2024, Willis Towers Watson reported a Scope 1 emissions intensity of 1.06 tCOâ‚‚e per millions USD. Compared to the peer group median of 0.26, this places the company above its industry benchmark, indicating it is less carbon-efficient than most competitors.a

Where does Willis Towers Watson rank on GHG emissions intensity within its industry?

In 2024, Willis Towers Watson ranked 18 out of 19 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCOâ‚‚e per millions USD).a

This places Willis Towers Watson among the least efficient performers, with one of the highest emissions intensities in its sector.a

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.a

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%.a

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