In this report, we highlight the accomplishments, actions and practices that contribute to our sustainability strategy, principles and values.
We know our operations impact the environment and we have a role to play in mitigating that impact. We continue to make changes to reduce our carbon footprint and support the environment.
Increased renewable energy procurement
WTW purchased renewable energy in Australia, Belgium, Brazil, Denmark, Finland, France, Germany, Spain, U.K. and the U.S.
+33%
Purchased 33% of electric power from renewable energy sources
-27%
Decreased emissions by 27% from 2019 driven by purchasing renewable energy and a reduction in travel
Implemented programs to reduce single-use plastics in offices globally
The people and community pillar of our sustainability strategy focuses on our colleagues, our partners and the communities in which we operate.
475K
Colleagues completed over 475,000 hours of training through WTW’s learning and leadership development platforms.
We added new physical, emotional and mental health resources to our central wellbeing resources hub on our intranet
1.9M
WTW gave more than $1.9 million in charitable donations in 2023 through our business and office giving and our charitable matches
Our governance strategy and company values emphasize the management of all relationships with fairness, decency and good citizenship. We recognize that governance provides the structure for our approach to being a responsible and ethical business partner.
Continued to require all colleagues globally to complete training on the Code of Conduct
Onboarded three new independent directors as part of the board’s multiyear refreshment
Continued programs to support and manage our data security, operational security and safety, and business continuity
Whether developing a holistic enterprise-level strategy, executing tactical practices or programs, or helping to connect sustainability goals with daily efforts, WTW helps clients address sustainability across their people, risk and capital strategies, with services and solutions that foster operational excellence, enterprise impact, long-term sustainability and overall stewardship.
To advance the goal of zero carbon aviation, the WTW Research Network has been supporting the “Towards Zero Carbon Aviation” (TOZCA) project.
WTW worked closely with UNICEF and insurers like AXA Climate and the Lloyd's Disaster Facility, to efficiently deliver 11 pay-outs totaling more than $4 million to pilot UNICEF Country Offices throughout 2023.
WTW partnered with Lightsource bp to evaluate and quantify the probable maximum loss of perils such as earthquake, windstorm, flood, and hail hazards for solar project developments in the U.S. and New Zealand.
We partnered with STOXX to launch an innovative family of climate transition indices driven by a next generation methodology that directly quantifies the impact of a well below two degree climate transition on equity valuations.
By challenging one another, we create the best ideas to meet the needs of our clients, colleagues, investors, partners and communities.
We are proud of the work we have done to help WTW and our clients transform tomorrows and will continue to accelerate these efforts.
