Meiji Yasuda Life
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.
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
Meiji Yasuda Life's score of 52 is higher than 96% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Meiji Yasuda Life's reported carbon emissions
In 2023, Meiji Yasuda Life reported total carbon emissions of approximately 136,000,000 kg CO2e for Scope 1, 56,409,000 kg CO2e for Scope 2, and 95,536,000 kg CO2e for Scope 3, resulting in a combined total of about 194,373,000 kg CO2e for Scope 1 and 2 emissions. This marks a significant increase in emissions compared to 2022, where Scope 1 emissions were approximately 24,980,000 kg CO2e, Scope 2 emissions were 70,076,000 kg CO2e, and Scope 3 emissions were 45,684,000 kg CO2e. Meiji Yasuda Life 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 targets for FY2030, increasing the goal from a 50% reduction to a 67% reduction in emissions. The company is committed to achieving a 100% reduction in emissions by FY2050 for both Scope 1 and Scope 2. These initiatives reflect Meiji Yasuda Life's dedication to contributing to a carbon-free society and aligning with global climate action efforts.
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| 2013 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|---|---|---|---|
| Scope 1 | 12,490,000 | 0,000,000 | 0,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 00,000,000 | 00,000,000 |
| Scope 2 | 41,077,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
| Scope 3 | 70,076,000 | - | - | 000,000,000 | 000,000,000 | 000,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
Industry emissions intensity
Location emissions intensity
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.
