Ms And Ad Insurance Group Holdings, commonly referred to as MS&AD, is a leading player in the insurance industry, headquartered in Japan. Established in 2008, the company has rapidly expanded its operations across Asia, Europe, and the Americas, solidifying its position as a global insurance provider. Specialising in a diverse range of services, including property and casualty insurance, life insurance, and reinsurance, MS&AD is renowned for its innovative risk management solutions. The company’s commitment to customer-centric services and advanced technology sets it apart in a competitive market. With a strong market presence and notable achievements, such as being consistently ranked among the top insurance groups in Japan, MS&AD continues to enhance its reputation as a trusted partner in risk management and financial security.
How does Ms And Ad Insurance Group Holdings'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.
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.
Ms And Ad Insurance Group Holdings's score of 41 is higher than 91% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2023, MS&AD Insurance Group Holdings reported total carbon emissions of approximately 129,955,000 kg CO2e, comprising 12,439,000 kg CO2e from Scope 1, 38,965,000 kg CO2e from Scope 2, and 129,955,000 kg CO2e from Scope 3 emissions. The company has shown a commitment to reducing its carbon footprint, although specific reduction targets have been removed or expired. Historically, emissions data indicates a trend of fluctuating emissions across the years. For instance, in 2020, total emissions were about 224,599,000 kg CO2e, with Scope 1 and 2 emissions totalling 77,255,000 kg CO2e. The company has not established a net-zero commitment or long-term reduction targets, and its near-term targets have been classified as removed or expired. MS&AD Insurance Group Holdings operates within the financial sector in Japan and has acknowledged the need for climate action, although it has yet to formalise new reduction targets following the expiration of previous commitments. The company is expected to submit updated targets by July 31, 2023, as part of its compliance policy.
Access structured emissions data, company-specific emission factors, and source documents
2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|---|---|---|---|
Scope 1 | 25,010,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
Scope 2 | 94,943,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
Scope 3 | 360,732,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 |
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.
Ms And Ad Insurance Group Holdings is committed to some reduction initiatives 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.