LONDON, 15 April 2020 – Willis Towers Watson (NASDAQ: WLTW), a leading global advisory, broking and solutions company, today announced the appointment of Matt Scott as a senior director in its Climate and Resilience Hub. Scott played an integral role in the Bank of England’s climate team under Governor Mark Carney from 2014 and led delivery of UK Government’s landmark Green Finance Strategy in 2019.
In his new role, Scott will spearhead advice on policy, financial regulation and green finance as part of a growing climate business, helping clients manage risk and seize opportunities of the transition to a low carbon, resilient economy.
Scott brings more than two decades of experience at the intersection of climate, finance and sustainable business. At the Bank of England, he created the formative physical, transition and liability framework for climate related financial risks and led the Bank’s Climate Hub under Executive Director Sarah Breeden. He also supported the international agenda through the Anglo-Chinese chaired G20 Green Finance Study Group and Central Bank and Supervisors Network for Greening the Financial System (NGFS). In 2018 he was seconded to Government, where he led the development and launch of the UK's Green Finance Strategy which set expectations for mainstream TCFD disclosure by 2022.
Prior to joining the Bank, Scott has a background in science and, following an MBA at Stanford Business School, became a social entrepreneur, delivering solar lighting to off-grid villages in emerging markets. He also has experience in impact investing and teaches at the University of Oxford.
“His arrival underlines Willis Towers Watson’s commitment and leadership to support our clients’ evolving risk, investment and human capital needs under our Climate Quantified™ brand.”
John Haley
CEO, Willis Towers Watson
John Haley, CEO of Willis Towers Watson, commented: “We are all delighted that Matt has joined Willis Towers Watson. He brings unique, long standing expertise and practical experience that will further enhance the first-class climate advice and services we provide. His arrival underlines Willis Towers Watson’s commitment and leadership to support our clients’ evolving risk, investment and human capital needs under our Climate Quantified™ brand.”
Rowan Douglas, Head of the Climate and Resilience Hub said: “Having known Matt and respected his climate work and leadership since 2014, his arrival is a major step in building a comprehensive and diverse team across the company through the Climate and Resilience Hub (CRH). The CRH integrates expertise that clients require for the Climate Decade ahead and strengthens the company’s commitment to global initiatives including the Coalition for Climate Resilient Investment and Insurance Development Forum.”
Scott added: “Willis Towers Watson’s global reach and role intermediating key markets provides an exciting platform to continue to drive change. Our combination of people, risk, and capital means we are uniquely placed to help clients navigate a rapidly evolving policy landscape. I look forward to working with John, Rowan and the wider team to achieve these goals.”
The Climate & Resilience Hub (CRH) helps organisations manage their climate related risks and seize the opportunities of an orderly transition to a low carbon, resilient economy. By integrating capabilities across our people, risk and capital businesses the CRH helps clients meet the new demands of regulatory, investor, consumer, employee and operating pressures. Under the Climate Quantified™ brand we deliver analytics, advice and transactions to enable corporate, finance and public sector institutions to embrace the Climate Decade ahead.
Willis Towers Watson (NASDAQ: WLTW) is a leading global advisory, broking and solutions company that helps clients around the world turn risk into a path for growth. With roots dating to 1828, Willis Towers Watson has 45,000 employees serving more than 140 countries and markets. We design and deliver solutions that manage risk, optimise benefits, cultivate talent, and expand the power of capital to protect and strengthen institutions and individuals. Our unique perspective allows us to see the critical intersections between talent, assets and ideas — the dynamic formula that drives business performance. Together, we unlock potential. Learn more at willistowerswatson.com.
