This includes an interim target for 2030, by which point WTW has committed to achieve at least a 50% reduction across its operations.
Furthermore, WTW will aim for 100% renewable energy supplies across its real estate portfolio.
“Climate change and its growing impact on society represents a significant global challenge,” said WTW CEO John Haley As one of the world’s leading risk advisors and experts in assessing and mitigating climate risk, Willis Towers Watson is committed to supporting measures aimed at helping to tackle climate change.”
“The need to manage climate risk and support an orderly transition to a low-carbon, resilient economy is no longer solely a matter of conscience but a strategic and financial imperative. Today’s announcement further reinforces our company’s commitment to addressing this global challenge,” Haley continued.
“In addition, Willis Towers Watson has been closely involved with various governments, intergovernmental organizations and civil societies on climate policy and research for some years, all of whom share the collective ambition of an orderly transition toward sustainable and resilient economies and communities.”
“Among a variety of our collaborations and memberships, we are proud to be members of the Insurance Development Forum and ClimateWise, to support the Taskforce on Climate-Related Financial Disclosures and to play a leadership role in the Coalition for Climate Resilient Investment.”
Source: Reinsurance News
