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 55 is higher than 97% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Let us know if this data was useful to you
Nippon Life Insurance's reported carbon emissions
In 2023, Nippon Life Insurance reported total greenhouse gas emissions of approximately 196,362,000 kg CO2e, comprising 27,144,000 kg CO2e from Scope 1, 37,664,000 kg CO2e from Scope 2, and 196,362,000 kg CO2e from Scope 3 emissions. The company has set ambitious climate commitments, aiming for net-zero emissions by 2050 across both Scope 1 and Scope 2. Additionally, Nippon Life has established a near-term target to reduce emissions by at least 51% by 2030, using 2013 as the baseline year for both Scope 1 and Scope 2 emissions. For Scope 3 emissions, Nippon Life aims to achieve a reduction of 49% or more by 2030 compared to 2020 levels. These commitments reflect the company's dedication to sustainability and its proactive approach to addressing climate change. The company is currently on track to meet its two-year targets, although it faces challenges in achieving its five-year goals.
Unlock detailed emissions data
Access structured emissions data, company-specific emission factors, and source documents
| 2013 | 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|---|
| Scope 1 | 39,115,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
| Scope 2 | 79,246,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
| Scope 3 | 242,007,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 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 participating in some of the initiatives that 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.
