Mitsui Sumitomo Insurance Co Ltd Sustainability Profile
Mitsui Sumitomo Insurance Co., Ltd., a prominent player in the insurance industry, is headquartered in Japan (JP) and operates extensively across Asia, Europe, and the Americas. Founded in 1918, the company has established itself as a leader in providing comprehensive insurance solutions, including property, casualty, and life insurance products. Mitsui Sumitomo Insurance is renowned for its innovative approach to risk management and customer service, offering tailored policies that meet diverse client needs. With a strong market position, the company has achieved notable milestones, including significant growth in its international operations and recognition for its financial stability. As a trusted name in the insurance sector, Mitsui Sumitomo continues to set benchmarks for excellence and reliability in the industry.
DitchCarbon Score
How does Mitsui Sumitomo Insurance Co Ltd'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
Mitsui Sumitomo Insurance Co Ltd's score of 50 is higher than 68% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Mitsui Sumitomo Insurance Co., Ltd., headquartered in Japan (JP), currently does not report specific carbon emissions data, as indicated by the absence of emissions figures. The company is a current subsidiary of MS&AD Insurance Group Holdings, Inc., which may influence its climate commitments and initiatives. While there are no documented reduction targets or achievements available for Mitsui Sumitomo Insurance, it is important to note that the broader corporate family, MS&AD Insurance Group, may have established climate strategies and targets that could impact Mitsui Sumitomo's approach to sustainability. However, specific details regarding these initiatives are not provided in the available data. As a part of the insurance industry, Mitsui Sumitomo Insurance is likely to be engaged in various climate-related initiatives, potentially including participation in frameworks such as the Science Based Targets initiative (SBTi) and the Carbon Disclosure Project (CDP), as indicated by the cascading data from MS&AD Insurance Group Holdings, Inc. Nonetheless, without specific emissions data or reduction targets, a comprehensive assessment of their climate commitments remains unclear.
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| 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 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 | 00,000,000 |
| Scope 3 | - | - | - | - | - | - | - | - | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 |
How Carbon Intensive is Mitsui Sumitomo Insurance Co Ltd's Industry?
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Mitsui Sumitomo Insurance Co Ltd's Scope 3 Categories Breakdown
Mitsui Sumitomo Insurance Co Ltd's Scope 3 emissions, which increased by 4% last year and decreased by approximately 12% since 2020, demonstrating supply chain emissions tracking. Most of their carbon footprint comes from suppliers and value chain emissions, with Scope 3 emissions accounting for 69% of total emissions under the GHG Protocol, with "Capital Goods" being the largest emissions source at 38% of Scope 3 emissions.
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Mitsui Sumitomo Insurance Co Ltd'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.
Mitsui Sumitomo Insurance Co Ltd 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.
