Marsh McLennan Launches Inaugural ESG Report Changing What’s Possible
March 31 2021 - 9:45AM
Business Wire
Marsh McLennan (NYSE: MMC), the world’s leading professional
services firm in the areas of risk, strategy and people, today
released its first comprehensive Environmental Social and
Governance (ESG) Report, Changing What’s Possible. The report
builds on Marsh McLennan’s proud history of confronting society’s
most complex challenges and highlights specific data and examples
of the company’s work to advance ESG priorities in 2019 and
2020.
“We recognize the opportunity — and the obligation — we have to
model the behaviors we want to see in the world and to be good
stewards of the environment and the societies in which we live.
We’re committed to the principle of responsible capitalism,” said
Dan Glaser, President and CEO, Marsh McLennan.
The report highlights Marsh McLennan’s commitments to reduce its
carbon emissions by 15% below 2019 levels by year-end 2025, lead
the change on inclusion and diversity, and continue to embed ESG
considerations into its strategy to benefit all stakeholders.
Marsh McLennan also promoted sustainable development, economic
inclusivity and public health through its work for clients across
its four businesses: Marsh, Guy Carpenter, Mercer and Oliver Wyman.
In 2020:
- Marsh’s Global Energy & Power Group launched an integrated
global renewable energy practice to support the transition to a
low-carbon economy.
- Guy Carpenter collaborated with the Wharton Risk Center to
explore community-based catastrophe insurance, which allows
communities to arrange insurance protection for their members,
therefore building their climate resilience.
- Mercer published several papers on diversity, equity and
inclusion (DEI) strategies in the workplace including: insights on
how employers can commit to relevant and achievable DEI goals,
ensure measurable progress using data and analytics and how
compensation can play a role in driving action on DEI.
- Oliver Wyman supported government and corporate clients as they
managed the challenges of COVID-19 with the Oliver Wyman Pandemic
Navigator, a proprietary suite of models providing insights into
the next waves of the COVID-19 crisis.
“We are a company with a 150-year legacy with ESG at the heart
of who we are and how we serve our clients and communities. When we
approach our business through this lens, we can champion the
success of our company and all of our stakeholders without
compromising the opportunities of future generations,” said Kate
Brennan, Deputy General Counsel, Corporate Secretary and Chief
Compliance Officer and Chair of the Marsh McLennan Management ESG
Committee.
To view the full report, please visit mmc.com.
About Marsh McLennan
Marsh McLennan (NYSE: MMC) is the world’s leading professional
services firm in the areas of risk, strategy and people. The
Company’s 76,000 colleagues advise clients in 130 countries. With
annual revenue over $17 billion, Marsh McLennan helps clients
navigate an increasingly dynamic and complex environment through
four market-leading businesses. Marsh provides data-driven risk
advisory services and insurance solutions to commercial and
consumer clients. Guy Carpenter develops advanced risk, reinsurance
and capital strategies that help clients grow profitably and pursue
emerging opportunities. Mercer delivers advice and
technology-driven solutions that help organizations redefine the
world of work, reshape retirement and investment outcomes, and
unlock health and wellbeing for a changing workforce. Oliver Wyman
serves as a critical strategic, economic and brand advisor to
private sector and governmental clients. For more information,
visit mmc.com, follow us on LinkedIn and Twitter or subscribe to
BRINK.
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Amelia Woltering Marsh
McLennan +1 347
703-5358 amelia.woltering@mmc.com
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