Dai-ichi Life Insurance Sustainability Profile
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.
DitchCarbon Score
How does Dai-ichi Life Insurance'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.
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.
Industry Benchmark
Dai-ichi Life Insurance's score of 57 is higher than 72% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Dai-ichi Life Insurance's reported carbon emissions
In 2023, Dai-ichi Life Insurance reported total carbon emissions of approximately 34,156,000 kg CO2e for Scope 1, 8,567,000 kg CO2e for Scope 2 (market-based), and significant Scope 3 emissions, including 95,516,000 kg CO2e from capital goods and 12,375,000 kg CO2e from employee commuting. The company has set ambitious climate commitments, aiming for a 50% reduction in Scope 1 emissions by FY2025 and a 75% reduction by FY2030, both compared to FY2019 levels. Additionally, Dai-ichi Life plans to achieve a 50% reduction in financed emissions (Scope 3 Category 15) by 2030, relative to 2020 levels, with a long-term goal of net zero by 2050. Dai-ichi Life's emissions data is cascaded from its parent company, The Dai-ichi Life Insurance Company, Limited, through a corporate family relationship. The company is actively working towards its climate targets, reflecting a commitment to sustainability and responsible corporate governance.
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| 2015 | 2016 | 2017 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|---|---|
| Scope 1 | - | - | - | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
| Scope 2 | - | - | - | 00,000,000 | 00,000,000 | 00,000,000 | 0,000,000 |
| Scope 3 | - | - | - | - | - | 000,000,000 | 000,000,000 |
How Carbon Intensive is Dai-ichi Life Insurance's Industry?
How Carbon Intensive is Dai-ichi Life Insurance's Location?
Dai-ichi Life Insurance's Scope 3 Categories Breakdown
Dai-ichi Life Insurance's Scope 3 emissions, which decreased by 59% last year and decreased by approximately 59% since 2022, demonstrating supply chain emissions tracking. Most of their carbon footprint comes from suppliers and value chain emissions, with Scope 3 emissions accounting for 77% of total emissions under the GHG Protocol, with "Capital Goods" being the largest emissions source at 68% of Scope 3 emissions.
Top Scope 3 Categories
Dai-ichi Life Insurance's Climate Goals (2030 & 2050)
Climate goals typically focus on 2030 interim targets and 2050 net-zero commitments, aligned with global frameworks like the Paris Agreement and Science Based Targets initiative (SBTi) to ensure alignment with global climate goals.
Dai-ichi Life Insurance has established climate goals through participation in recognized frameworks and target-setting initiatives. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
