Dai-ichi Life Insurance Company, Limited, commonly referred to as Dai-ichi Life, is a prominent player in the insurance industry, headquartered in Tokyo, Japan. Established in 1902, the company has evolved significantly, marking key milestones such as its expansion into international markets and the acquisition of various subsidiaries.
Dai-ichi Life primarily focuses on life insurance, health insurance, and asset management, offering a diverse range of products tailored to meet the needs of individuals and businesses. Its commitment to customer-centric solutions and innovative insurance products sets it apart in a competitive landscape.
With a strong market position, Dai-ichi Life is recognised for its financial stability and robust service offerings, making it a trusted choice for millions. The company continues to enhance its global presence, particularly in Asia and North America, solidifying its reputation as a leading insurance provider.
+10 vs industry average
Dai-ichi Life Insurance’s score of 47 is higher than 66% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Industry Intensity
Insurance Services is among the least carbon-intensive industries
Industry performance
The Insurance Services industry has reduced its overall emissions by 7% since 2019
Emissions trajectory 2020 – 2026
Reported emissions
Scope 3 accounts for ••• of total emissions.
Dai-ichi Life Insurance's reported carbon emissions
In 2023, Dai-ichi Life Insurance reported total carbon emissions of approximately 93.1 million kg CO2e. This figure includes Scope 1 emissions of about 34.2 million kg CO2e, Scope 2 emissions of approximately 8.6 million kg CO2e (market-based), and significant Scope 3 emissions totalling around 50.3 million kg CO2e. The Scope 3 emissions breakdown includes capital goods (about 95.5 million kg CO2e), business travel (approximately 1.7 million kg CO2e), and employee commute (about 12.4 million kg CO2e), among others. Dai-ichi Life has set ambitious climate commitments, aiming for a 50% reduction in financed emissions (Scope 3 Category 15) by 2030, compared to 2020 levels, with a long-term goal of achieving net zero by 2050. Additionally, the Group targets a 50% reduction in Scope 1 emissions by FY2025 and a 75% reduction by FY2030, both compared to FY2019 levels. The emissions data is cascaded from The Dai-ichi Life Insurance Company, Limited, reflecting the company's commitment to sustainability and climate action within its corporate family.
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Dai-ichi Life Insurance’s Climate Goals (2030 & 2050)
3 goals2025
50% reduction in Scope 1
The Group also aims for a 50% reduction by FY2025, a 75% reduction by FY2030 (compared to FY2019) as an interim target.
2030
62% reduction in total GHG
Vs 2019 baseline. Validated by SBTi. Includes full supply chain.
2040
50% reduction in Scope 3 intensity
Across purchased goods and services and logistics.
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Scope 3 top emissions categories
8 of 15 categories disclosedSee all scope 3 categories
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Climate initiatives
Science Based Targets Initiative
Carbon Disclosure Project
Inherited from Dai-ichi Life Holdings, Inc.
The Climate Pledge
UN Global Compact Climate Champions initiative
RE 100
Climate Action 100
Emissions comparison with industry peers
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Dai-ichi Life Insurance
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