Oliver Wyman’s Sustainability Commitment: Programs And Goals

Our Sustainability Commitments And Action

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.

Double Quotes
Responding to the climate challenge is a transformational journey that is crucial to companies everywhere

Our latest Initiatives

Through this initiative, we are supporting organizations that are developing and providing carbon removal solutions. Our focus is not just on financial support, but also on fostering employee education and engagement. Through a series of webinars, site visits, pro bono consulting engagements and ongoing educational initiatives, our program aims to not only support the scaling of these important solutions, but to transfer the knowledge to our clients and communities. 

Our Climate Academy is a learning and training curriculum designed to give all consulting staff the tools they need to execute high-impact strategies for our clients through the climate transition. 

GROW is a global community of colleagues who seek to make tangible impact by supporting Oliver Wyman’s commitment to sustainability, particularly at the local office level. Using our Actioning Net Zero online hub, featuring role-specific best practices and training, the GROW teams take the lead in engaging colleagues on our commitments and spreading the message that every job is a climate job. 

Launched in December 2021, our philanthropic reforestation program, GROWTrees, works with nonprofits such as One Tree Planted to give our colleagues the opportunity to have a voice in supporting reforestation projects. The focus is not just on planting, but also nurturing trees over time. Combined with in-person urban tree planting efforts, the program has supported the planting and growing of more than 130,000 trees and counting.

Additional tools are available to Oliver Wyman employees on our Actioning Net Zero hub, featuring role-specific best practices, tools and training to help the organization adapt to a more sustainable way of working. Colleagues can progress their knowledge of climate and sustainability topics on Degreed, utilize a travel carbon footprint estimator to minimize the impact of upcoming business travel, and more.

Introducing GROWTrees

In December we announced our new reforestation program, GROWTrees. To celebrate the program’s launch we donated a tree for every Oliver Wyman employee through the nonprofit, One Tree Planted. Colleagues voted to plant their tree in 1 of 7 projects we selected to seed our global forest, providing co-benefits that protect wildlife, promote food and water security, support indigenous communities, and improve long-term climate resilience.

Meet the partners of our Climate Leadership Portfolio

Q&A WITH GLOBAL HEAD OF SUSTAINABILITY, LAUREN WYLIE

Related Social Impact Work

We are sorry, we could not find any results.
Please refine your search and try again.
We help clients transform climate intent into action