Mitsui Sumitomo Insurance Company of America Sustainability Profile
Mitsui Sumitomo Insurance Company of America (MSIA), a prominent player in the insurance industry, is headquartered in the United States. Established in 1918, MSIA has built a strong reputation for providing comprehensive insurance solutions across various operational regions, including the East Coast and the Midwest. Specialising in property and casualty insurance, the company offers a diverse range of products, including commercial auto, general liability, and workers' compensation insurance. What sets MSIA apart is its commitment to customer service and tailored coverage options that meet the unique needs of businesses. With a legacy of over a century, Mitsui Sumitomo Insurance Company of America has achieved significant milestones, solidifying its market position as a trusted insurer. Its dedication to innovation and risk management continues to drive its success in the competitive insurance landscape.
DitchCarbon Score
How does Mitsui Sumitomo Insurance Company of America'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 Company of America's score of 50 is higher than 71% 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 Company of America currently does not have specific carbon emissions data available for the most recent year, as indicated by the absence of emissions figures. The company is a current subsidiary of Mitsui Sumitomo Insurance Company, which is part of the MS&AD Insurance Group Holdings, Inc. At this time, there are no documented reduction targets or climate pledges directly attributed to Mitsui Sumitomo Insurance Company of America. However, emissions data and climate commitments may be inherited from its parent organisation, MS&AD Insurance Group Holdings, Inc., at a cascade level of three. This means that while specific emissions data for Mitsui Sumitomo Insurance Company of America is not available, it may align with broader initiatives and targets set by its parent company. As part of the insurance industry, Mitsui Sumitomo Insurance Company of America is expected to engage in climate-related initiatives, potentially including Science Based Targets Initiative (SBTi) commitments and participation in the Carbon Disclosure Project (CDP) through its corporate family relationship. However, specific details regarding these initiatives or any significant achievements in emissions reduction are not currently provided. In summary, while Mitsui Sumitomo Insurance Company of America does not have specific emissions data or reduction targets available, it is part of a larger corporate structure that may influence its climate commitments and performance.
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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 Company of America's Industry?
How Carbon Intensive is Mitsui Sumitomo Insurance Company of America's Location?
Mitsui Sumitomo Insurance Company of America's Scope 3 Categories Breakdown
Mitsui Sumitomo Insurance Company of America'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 Company of America'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 Company of America 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.
