Meiji Yasuda Life Sustainability Profile
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 46 is higher than 64% 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 111,153,000 kg CO2e, comprising Scope 1 and 2 emissions, while Scope 3 emissions accounted for approximately 48,169,000 kg CO2e. This data reflects a significant commitment to transparency in their climate impact. The company has set ambitious reduction targets, aiming for a 67% reduction in Scope 1 and 2 emissions by FY2030, with a long-term goal of achieving net zero emissions across all scopes by 2050. Specifically, they plan to eliminate 100% of Scope 1 emissions by 2050 and have also committed to net zero for Scope 2 emissions by the same year. Meiji Yasuda Life's climate strategy is aligned with industry standards, demonstrating a proactive approach to mitigating climate change impacts. Their initiatives are part of a broader commitment to contribute to a carbon-free society, reflecting their responsibility as a leading insurance provider in Japan.
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| 2013 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|
| Scope 1 | - | - | - | - | - |
| Scope 2 | - | - | - | - | - |
| Scope 3 | 56,409,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
How Carbon Intensive is Meiji Yasuda Life's Industry?
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Meiji Yasuda Life'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.
Meiji Yasuda Life has not publicly committed to specific 2030 or 2050 climate goals through the major frameworks we track. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
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