Nippon Life Insurance
Nippon Life Insurance Company, commonly referred to as Nissay, is a leading player in the life insurance industry, headquartered in Tokyo, Japan. Established in 1889, Nippon Life has a rich history marked by significant milestones, including its expansion into various international markets and the introduction of innovative insurance products. The company primarily focuses on life insurance, annuities, and asset management services, distinguishing itself through its customer-centric approach and comprehensive coverage options. With a strong market position, Nippon Life is recognised for its financial stability and commitment to policyholder satisfaction, making it one of Japan's largest and most trusted insurance providers. Its dedication to innovation and service excellence continues to set it apart in a competitive landscape.
DitchCarbon Score
How does Nippon Life Insurance'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
Nippon Life Insurance's score of 29 is higher than 81% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Nippon Life Insurance's reported carbon emissions
In 2022, Nippon Life Insurance reported total carbon emissions of approximately 175,099,000 kg CO2e. This figure includes emissions from all three scopes: Scope 1 emissions were about 14,120,000 kg CO2e, Scope 2 emissions totalled approximately 49,850,000 kg CO2e, and Scope 3 emissions accounted for around 4,270,000 kg CO2e. The company has shown a commitment to reducing its carbon footprint, with a notable decrease in total emissions from 2021, which were approximately 190,976,000 kg CO2e. This represents a reduction of about 15,877,000 kg CO2e year-on-year. Despite these reductions, Nippon Life Insurance has not publicly disclosed specific reduction targets or initiatives under the Science Based Targets initiative (SBTi) or other formal climate pledges. The absence of defined reduction targets suggests a need for further commitment to climate action within the insurance sector. Overall, while Nippon Life Insurance has made strides in reducing its emissions, the lack of formal targets indicates an opportunity for enhanced climate leadership in the industry.
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Access structured emissions data, company-specific emission factors, and source documents
Get Started| 2020 | 2021 | 2022 | |
|---|---|---|---|
| Scope 1 | 33,458,000 | 00,000,000 | 00,000,000,000 |
| Scope 2 | 75,397,000 | 00,000,000 | 00,000,000,000 |
| Scope 3 | 90,267,000 | 00,000,000 | 0,000,000,000 |
Industry emissions intensity
Location emissions intensity
Reduction initiatives & disclosure networks
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.
Nippon Life Insurance is not committed to any 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.
