MARSH SAS — in detail

Full extracted data, every event in the company's history we've captured, and (soon) external news. The full ratios diagnostic with peer benchmarks lives at /ratios.

Reference sources (1/5)

Source documents
Recent disclosure
Multi-year metrics
Targets
Certifications

External news

No ESG-relevant news ingested yet for this company. Run python -m pipeline.news_gdelt to backfill. Sourced from GDELT 2.0 (3-month trailing window).

Data by year· every metric + key events per year

Each year shows the firm's reported metrics on the left and the most material events on the right. Up to 10 events per year; the full event log is one click further.

2024

annual report ↗

P&L highlights (USD)

Revenue	2.1M
Total operating expenses	(1.2M)

Balance sheet highlights (USD)

Property, plant & equipment	26,000
Total assets	4.4M
Cash & equivalents	2.5M

2023

sustainability report ↗

Governance

audit assurance climate levelⓘ

P&L highlights (USD)

Headcount (FTE)	0people
Revenue	2.1M
Total operating expenses	(1.1M)

Balance sheet highlights (USD)

Property, plant & equipment	12,000
Total assets	6.4M
Total debt	5.6B
Cash & equivalents	2.5M

Events 2023· 8

Dependent: Client climate-risk advisory through insurance broking

Subsidiaries actively engage with insurers to secure terms and capacity for clients on their climate risk and net zero journeys, and embed climate risk into core broking proposition and risk advisory services. Opportunity to include climate into client council ongoing agenda.

▾ expand

Honan Insurance Group acquisition (Australia)

In November 2023, capital contribution of AUD$264.0 million plus AUD$316.0 million via MMC Finance Australia for acquisition of Honan Insurance Group by Marsh in Australia.

▾ expand

Advance Asset Management acquisition + BT Financial/Mercer merger

In March 2023, capital contribution of AUD$150.0 million for acquisition of Advance Asset Management from Westpac and merger between Westpac's BT Financial Group and Mercer in Australia.

▾ expand

Primary: Data centre virtualisation

Continuing to virtualise services, reducing data space requirements, power consumption and cooling needs, and emissions.

▾ expand

Group legal entity optimisation - intercompany payable concentration

In December 2023, $1,691.6m of intercompany payables paid off; $2,308.4m taken on by Calm Finance Holdings Limited. Completed March 2024 with remaining $5,599.5m transferred.

▾ expand

Primary: Office footprint reduction and smart offices

Reduced square footage per full-time colleague by 31% since 2019 and opened 115 smart offices since 2016. Smart offices incorporate energy saving lighting and HVAC, water-conserving fixtures, and practices designed to reduce construction and operational waste.

▾ expand

Renewable electricity across largest offices (US, UK, South Africa)

MMC uses renewable electricity across the Group's largest offices in the US, UK and South Africa. The Group also maintained its CarbonNeutral certification (initially achieved 2021) across all global operations.

▾ expand

Primary: Waste reduction in London office

Introduction of compostable or reusable 'to go' containers in the London office to reduce waste from food service.

▾ expand

2022

sustainability report ↗

P&L highlights (USD)

Headcount (FTE)	0people
Revenue	617.8M

Balance sheet highlights (USD)

Total assets	24.2B
Total debt	9.6B
Cash & equivalents	0

Events 2022· 8

Group legal entity optimisation - subsidiary transfer

Subsidiary investment transferred its principal investment to the Company at fair market value, with a $14,531.0m dividend offset by $11,983.2m impairment, net $2,547.8m to non-distributable Other Reserve.

▾ expand

Primary: IT asset lifecycle & cloud migration

The Group recycles electronic waste, decreases impact of personal computing, maintains energy-efficient data centres, and has adopted many Software as a Service (SaaS) applications leveraging high-efficiency public cloud infrastructure. Over nine years nearly 4.4 million pounds of e-waste was recycled or remarketed; in 2022, 1,644 servers were disposed of and ~18,000 older laptops and 5,400 desktops were retired and replaced with energy-efficient models.

▾ expand

Group net-zero by 2050 with 50% reduction by 2030

The Group has committed to set and execute low-carbon strategies across its global business operations which collectively chart a path to net-zero by 2050, with an emissions reduction target of 50% by 2030.

▾ expand

100% renewable electricity in largest UK & Ireland offices

The Group is sourcing 100% renewable energy for its largest offices in the UK and Ireland, with a plan to expand this sourcing further. This is part of the Group-wide low-carbon strategy supporting net-zero by 2050.

▾ expand

MMC net-zero by 2050 with 50% reduction by 2030

In March 2022, MMC announced goals to achieve net-zero carbon emissions across global business operations by 2050, with a 50% emissions reduction by 2030. The Group signed commitment letter to SBTi and successfully completed validation in 2023.

▾ expand

Dependent: Single-use plastic elimination in office catering

A January 2021 commitment to eliminate single-use waste in office catering facilities has been achieved; 100% of offices, representing over 1,000 catering facilities across the global group, have eliminated single-use plastics.

▾ expand

Primary: Smart Office workplace programme - efficient design

The Smart Office workplace initiative incorporates creative space design, energy-efficient lighting and HVAC systems and construction practices focused on waste reduction. Since 2016 the Group has opened 79 Smart Offices in 26 countries, housing over 27,000 colleagues.

▾ expand

Renamed from MMC Treasury Holdings (UK) Limited to Calm Treasury Holdings Limited

The Company changed its name from MMC Treasury Holdings (UK) Limited to Calm Treasury Holdings Limited on 29 November 2022.

▾ expand

2021

Balance sheet highlights (USD)

Total assets	21.6B
Total debt	9.6B
Cash & equivalents	77.8M