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 32 is higher than 83% 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 emissions of approximately 57,222,000 kg CO2e for Scope 1 and 2 combined. The company has not disclosed specific emissions data for Scope 3 in this year. Over the years, MS&AD has shown a trend of fluctuating emissions. For instance, in 2022, their total emissions were about 191,789,000 kg CO2e, with Scope 1 emissions at approximately 16,804,000 kg CO2e, Scope 2 at around 47,956,000 kg CO2e, and Scope 3 emissions reaching about 381,087,000 kg CO2e. Notably, in 2020, the total emissions were about 224,599,000 kg CO2e, indicating a significant reduction in subsequent years. The company has not set specific near-term or long-term reduction targets and is currently not committed to a net-zero goal. However, they have indicated intentions to submit reduction targets by July 31, 2023, as part of their Commitment Compliance Policy. Overall, while MS&AD Insurance Group Holdings has made strides in emissions reporting, their commitment to specific reduction targets remains unclear, reflecting a broader context within the financial and insurance sectors where climate commitments are increasingly scrutinised.
Access structured emissions data, company-specific emission factors, and source documents
Add to project2015 | 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 | - |
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 | - |
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 | - |
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.