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Japan Post Holdings Co., Ltd., commonly referred to as Japan Post, is a prominent player in the insurance and pension funding services sector, excluding compulsory social security services. Headquartered in Tokyo, Japan, the company has established a significant presence across various regions, providing essential financial services to millions.
Founded in 2007, Japan Post has evolved from its origins in postal services to become a diversified financial institution. Its core offerings include life insurance, non-life insurance, and pension funding, distinguished by a commitment to customer service and innovative solutions tailored to meet the needs of individuals and businesses alike.
With a strong market position, Japan Post Holdings has achieved notable milestones, including its listing on the Tokyo Stock Exchange. The company continues to play a vital role in Japan's financial landscape, leveraging its extensive network and expertise to deliver reliable and comprehensive insurance products.
+19 vs industry average
Japan Post Holdings Co., Ltd.’s score of 58 is higher than 69% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Insurance Services is among the least carbon-intensive industries
The Insurance Services industry has reduced its overall emissions by 25% since 2018
Scope 3 accounts for ••• of total emissions.
Japan Post Holdings Co., Ltd., headquartered in JP and operating in the Insurance and pension funding services sector, reported total calculated emissions of approximately 3,734,986,300 kg CO2e for 2024. This total comprises Scope 1 emissions of 473,535,900 kg CO2e, Scope 2 emissions of 480,432,100 kg CO2e, and Scope 3 emissions of 2,780,918,300 kg CO2e. Key contributors to Scope 3 emissions in 2024 included upstream transportation and distribution (1,777,281,200 kg CO2e) and purchased goods and services (490,125,800 kg CO2e).
Looking back, the company's total emissions for 2023 were approximately 4,088,308,700 kg CO2e, consisting of 516,426,300 kg CO2e for Scope 1, 504,541,900 kg CO2e for Scope 2, and 3,067,340,500 kg CO2e for Scope 3. In 2022, total calculated emissions were about 3,388,764,000 kg CO2e, with 568,437,100 kg CO2e from Scope 1, 529,902,900 kg CO2e from Scope 2, and 2,290,424,000 kg CO2e from Scope 3.
Japan Post Holdings Co., Ltd. has established near-term Science Based Targets initiative (SBTi) commitments through its related entity, JAPAN POST Co., Ltd. These targets, set from a FY2023 base year, aim to reduce absolute Scope 1 and 2 GHG emissions by 34.1% by FY2030. Additionally, JAPAN POST Co., Ltd. commits to reducing absolute Scope 3 GHG emissions from purchased goods and services and upstream transportation and distribution by 17.5% within the same timeframe. These targets are classified as consistent with keeping global warming to 1.5°C.
2030
34.1% reduction in Scope 1
JAPAN POST Co., Ltd. commits to reduce absolute scope 1 and 2 GHG emissions 34.1% by FY2030 from a FY2023 base year.
2030
17.5% reduction in scope 3 upstream
JAPAN POST Co., Ltd. also commits to reduce absolute scope 3 GHG emissions from purchased goods and services and upstream transportation and…
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Common questions about Japan Post Holdings Co., Ltd.’s sustainability data and climate commitments
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