Our “Leading the Change” Established RISE Created the Global Black Colleague Network Commitments (Racial Inclusion and Social Equity) (GBCN) We launched RISE in 2022 and partnered with This initiative serves as an empowering, supportive Bigotry, discrimination, and racism Historically Black Colleges and Universities and and safe space for Black colleagues around the organizations such as NAAIA to create a pool of world. The GBCN provides professional development, are not tolerated at Marsh McLennan. diverse talent. We created the RISE Program with Fisk mentorship, and community building opportunities We are dedicated to advancing University and the National Black MBA Association for colleagues globally and since its inception, it has human worth, equality and solidarity. to train the next generation of Black leaders and grown over 200% from 150 to 462 members. change-makers. There were over 50 Fellows from the Building a community where everyone United States, United Kingdom and Canada in our Launched an IDB Learning Curriculum feels included and their contributions inaugural cohort. In October 2022, we welcomed 55 In 2022, we launched our enterprise IDB Learning are valued is paramount to our new RISE Fellows from more than 30 colleges and Curriculum on our Degreed learning platform with universities in the United States, United Kingdom and the aim of: company’s success. Canada. During the program, our cohort partnered with a group of peers to solve a current business • Building leaders who value diversity, inclusion and In 2020, our Executive Committee committed to challenge presented by Marsh McLennan leaders, belonging to success in teams and with clients. taking concrete action and establishing initiatives to published white papers and presented their findings. advance social justice and serve as a catalyst for the • Ensuring a consistent level of inclusive conduct change we seek in our organization globally. and giving colleagues the tools, they need to feel Here’s what we’ve done: comfortable engaging in meaningful dialogues at pivotal junctures. Formed a Race Advisory Council To make education more accessible, we developed In 2020, we created the Race Advisory Council, IDB Toolkits, one-page guides that focus on tasked with providing counsel to the Executive microinequities and microaggressions that can Committee and fostering an environment where derail progress toward a more equitable society. colleagues’ voices could be heard and respected We support learning in different modalities including during decision-making processes. Senior Black articles, podcasts, webinars and trainings. leaders from all departments are represented on our council. The recommendations made by the Race Advisory Council since its inception have had a significant impact on our talent and commercial 2022 Supplier Diversity Achievements diversity initiatives. Our new approach for fostering supplier diversity and a flagship event called Our Sourcing and Procurement function Equity=Possibility, will be launched in 2023, with are focused on increasing diverse a Black Leaders Symposium convening 100 Black representation within our Supply Chain, and executives and C-suite leaders to discuss their particularly Black-owned businesses. In most pressing business issues. 2022, we reached over $100M in spend with diverse suppliers in the US and continue to expand our program. Marsh McLennan colleagues representing our RISE program at the National Black MBA Association conference. Overview Environment Social Governance Appendix 2022 ESG REPORT 31