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.
+5 vs industry average
Meiji Yasuda Life’s score of 42 is higher than 62% 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 – 2027
Reported emissions
Scope 3 accounts for ••• of total emissions.
Meiji Yasuda Life's reported carbon emissions
In 2024, Meiji Yasuda Life reported total emissions of approximately 184,122,000 kg CO2e, comprising about 82,014,000 kg CO2e from Scope 1 and 2 emissions combined, and approximately 101,982,000 kg CO2e from Scope 3 emissions. This marks a significant increase in emissions compared to 2023, where total emissions were approximately 111,153,000 kg CO2e for Scope 1 and 2, and about 48,169,000 kg CO2e for Scope 3. The company has set ambitious climate commitments, aiming for net-zero emissions by March 31, 2051, across both Scope 1 and Scope 2 emissions. Additionally, they have revised their interim reduction target for Scope 1 and 2 emissions, increasing the goal from a 50% reduction by FY2030 to a 67% reduction. This commitment reflects their long-term strategy to contribute to a carbon-free society. Meiji Yasuda Life's emissions data is not cascaded from any parent organization, indicating that the reported figures are independently sourced. The company continues to focus on enhancing its sustainability practices and reducing its carbon footprint in alignment with global climate goals.
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Meiji Yasuda Life’s Climate Goals (2030 & 2050)
4 goals2030
67% reduction in Scope 2
Revised Scope 1 & 2 reduction targets as a business operator into Groupwide targets, resetting the interim target set for FY2030 from -50% t…
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
No scope 3 category breakdown has been disclosed yet.
Climate initiatives

Science Based Targets Initiative

Carbon Disclosure Project
The Climate Pledge
UN Global Compact Climate Champions initiative
RE 100
Climate Action 100
Emissions comparison with industry peers
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