Announcing two “important commitments,” MMC said it aims to be carbon-neutral this year by reducing greenhouse gas emissions in its own operations and purchasing verifiable offsets.
Aside from the 2021 pledge, the insurance giant is also aiming to decrease its carbon emissions by 15% below 2019 levels by the year 2025.
“At Marsh & McLennan, we recognise the opportunity, and indeed the obligation, that we have to be good stewards of the environment,” stated MMC president and chief executive Dan Glaser in a release.
“We are committed to the principle of responsible capitalism. These climate initiatives represent a tangible step toward building a more sustainable environment for our colleagues, clients, shareholders, and future generations.”
Details of the above commitments will be outlined in March, when the group releases its environmental, social, and corporate governance report for 2020.