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Insurance Services
JP
updated 4 days ago

Meiji Yasuda Life

Company website

Meiji Yasuda Life Insurance Company, commonly referred to as Meiji Yasuda Life, is a prominent player in the Japanese insurance industry, headquartered in Tokyo, Japan. Established in 1881, the company has a rich history marked by significant milestones, including its expansion into various operational regions across Asia. Specialising in life insurance and related financial services, Meiji Yasuda Life offers a diverse range of products, including individual and group life insurance, annuities, and health insurance. What sets the company apart is its commitment to customer-centric solutions and innovative insurance products tailored to meet the evolving needs of its clients. With a strong market position, Meiji Yasuda Life is recognised for its financial stability and robust service offerings, making it a trusted choice for millions of policyholders in Japan and beyond.

DitchCarbon Score

How does Meiji Yasuda Life'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.

46

Industry Average

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.

28

Industry Benchmark

Meiji Yasuda Life's score of 46 is higher than 67% of the industry. This can give you a sense of how well the company is doing compared to its peers.

67%

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Meiji Yasuda Life's reported carbon emissions

In 2023, Meiji Yasuda Life reported total carbon emissions of approximately 111,153,000 kg CO2e from Scope 1 and 2 combined, alongside about 48,169,000 kg CO2e from Scope 3 emissions. This marks a significant reduction from 2022, where total emissions were about 202,378,000 kg CO2e for Scope 1 and 2, and approximately 82,014,000 kg CO2e for Scope 3. The company has set ambitious climate commitments, aiming for net-zero emissions by March 31, 2051, for both Scope 1 and Scope 2 emissions. Additionally, they have revised their interim reduction target for FY2030 from a 50% reduction to a 67% reduction in Scope 1 and 2 emissions. For long-term goals, Meiji Yasuda Life aims for a complete elimination of Scope 1 and 2 emissions by FY2050. These commitments reflect the company's dedication to contributing to a carbon-free society and align with industry standards for climate action. The emissions data is sourced directly from Meiji Yasuda Life Insurance Company, with no cascaded data from parent or related organizations.

Unlock detailed emissions data

Access structured emissions data, company-specific emission factors, and source documents

20132020202120222023
Scope 1
-
000,000,000
000,000,000
-
-
Scope 2
-
00,000,000
00,000,000
-
-
Scope 3
56,409,000
000,000,000
000,000,000
00,000,000
00,000,000

Industry emissions intensity

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. Meiji Yasuda Life's primary industry is Insurance and pension funding services, except compulsory social security services (66), which is very low in terms of carbon intensity compared to other industries.

Location emissions intensity

Very low
Low
Medium
High
Very high
The carbon intensity of the energy grid powering a company's primary operations has a strong influence on its overall carbon footprint. This request for Meiji Yasuda Life is in JP, which has a low grid carbon intensity relative to other regions.

Reduction initiatives & disclosure networks

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.

Meiji Yasuda Life 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.

Science Based Targets Initiative
Carbon Disclosure Project
The Climate Pledge
UN Global Compact
RE 100
Climate Action 100
Race To Net Zero
Reduction Actions

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Where does DitchCarbon data come from?

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