Tuesday 5 April 2022

Marsh McLennan targets net zero emissions across its operations by 2050

New York City-based insurance company Marsh McLennan has announced its commitment for net zero emissions across its operations by 2050.

It has committed to set and execute low carbon transition strategies that chart a path towards reducing emissions by 50% by 2030 and achieving its long term goal.

The company, which was certified as carbon-neutral in 2021, also intends to set an emissions reduction target aligned with the criteria from the Science-based Targets initiative.

In addition, it has helped its clients pursue a “commercially smart” climate transition, working with organisations including the Glasgow Financial Alliance for Net Zero (GFANZ), CDP, the World Economic Forum and the UN Environment Programme Finance Initiative, to set new agendas and build consensus on the issue of climate change.

Dan Glaser, President and CEO, Marsh McLennan said: “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.

“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.”