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 92% 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, headquartered in Japan, reported total carbon emissions of approximately 129,955,000 kg CO2e. This figure includes Scope 1 emissions of about 12,439,000 kg CO2e, Scope 2 emissions of around 38,965,000 kg CO2e, and Scope 3 emissions totalling approximately 78,551,000 kg CO2e. Notably, the company has not committed to a net-zero target as of now. Over the years, MS&AD has shown fluctuations in its emissions. For instance, in 2022, total emissions were about 191,789,000 kg CO2e, with Scope 1 and 2 emissions combined at approximately 64,760,000 kg CO2e. The company has been actively working on its climate commitments, although specific reduction targets have been removed or expired, with a commitment to submit new targets by July 31, 2023. The company operates within the financial sector, which includes banks and insurance, and is currently in a transitory grace period for compliance with its commitment policies. As of now, MS&AD has not established long-term reduction targets or a net-zero commitment, indicating a need for further action in addressing its carbon footprint.
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.