Ms And Ad Insurance Group Holdings, commonly referred to as MS&AD, is a leading player in the insurance industry, headquartered in Japan. Established in 2008, the company has rapidly expanded its operations across Asia, Europe, and the Americas, solidifying its position as a global insurance provider. Specialising in a diverse range of services, including property and casualty insurance, life insurance, and reinsurance, MS&AD is renowned for its innovative risk management solutions. The company’s commitment to customer-centric services and advanced technology sets it apart in a competitive market. With a strong market presence and notable achievements, such as being consistently ranked among the top insurance groups in Japan, MS&AD continues to enhance its reputation as a trusted partner in risk management and financial security.
How does Ms And Ad Insurance Group Holdings's carbon action stack up? DitchCarbon scores companies based on their carbon action and commitment to reducing emissions. Read about our methodology to learn more.
Mean score of companies in the Insurance Services industry. Comparing a company's score to the industry average can give you a sense of how well the company is doing compared to its peers.
Ms And Ad Insurance Group Holdings's score of 44 is higher than 93% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2023, MS&AD Insurance Group Holdings reported total carbon emissions of approximately 187,177,000 kg CO2e. This figure includes 15,589,000 kg CO2e from Scope 1 emissions, 41,634,000 kg CO2e from Scope 2 emissions, and a significant 129,955,000 kg CO2e from Scope 3 emissions, which encompasses categories such as capital goods (48,766,000 kg CO2e) and business travel (15,232,000 kg CO2e). Comparatively, the company’s emissions have decreased from 480,685,000 kg CO2e in 2015 to the current figure, indicating a substantial reduction over the years. The total emissions for 2022 were reported at 189,989,000 kg CO2e, showing a slight decrease in emissions year-on-year. MS&AD Insurance Group Holdings has committed to climate action, with a near-term target status classified as "Committed." However, they have not yet established a net-zero target. The company is required to submit specific reduction targets by July 31, 2023, as part of their compliance with climate commitments. Overall, MS&AD Insurance Group Holdings is actively working towards reducing its carbon footprint while navigating the complexities of emissions across all scopes, particularly focusing on the significant contributions from Scope 3 emissions.
Access structured emissions data, company-specific emission factors, and source documents
2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|---|---|---|---|
Scope 1 | 25,010,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
Scope 2 | 94,943,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
Scope 3 | 360,732,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 |
Companies disclose and commit to reducing emissions to show they are serious about reducing emissions impact over time. They can also help a company track its progress over time.
Ms And Ad Insurance Group Holdings is not participating in any of the initiatives that we track. This may change over time as the company engages with new initiatives or updates its commitments. DitchCarbon will update this information as it becomes available.