At Oliver Wyman, a business of Marsh McLennan, we recognize the urgent need for climate action. We are firmly committed to achieving net zero emissions across Marsh McLennan’s global operations by 2050. Our near-term targets, validated by the Science Based Targets initiative (SBTi), align with the latest climate science. Additionally, we have maintained our CarbonNeutral® status since 2020 by compensating for emissions we can’t reduce.
To accelerate our progress, we at Oliver Wyman aim to cut air travel by 40% per full-time equivalent (FTE) by 2025, using 2019 as our baseline. We’ve also implemented an internal carbon price for air travel emissions starting in 2023 to encourage responsible travel decisions.
In 2023, we launched the Climate Leadership Portfolio, which is dedicated to supporting carbon removal solutions in various stages of development. This Oliver Wyman initiative emphasizes colleague engagement and education about these important nature-based and engineered solutions, fostering our culture of sustainability.
At Oliver Wyman, we are not just setting targets; we are taking meaningful action to create a healthier planet for future generations. Explore Marsh McLennan’s ESG page for more on our ESG Report, SBTi-validated climate targets, 2024 California AB-1305 Disclosure, CarbonNeutral® certification, Voluntary Carbon Offsets List, and GHG Inventory Verification Statement.