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 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.
Nippon Life Insurance's reported carbon emissions
In 2023, Nippon Life Insurance reported total carbon emissions of approximately 196,362,000 kg CO2e. This figure includes 27,144,000 kg CO2e from Scope 1 emissions, 37,664,000 kg CO2e from Scope 2 emissions, and 196,362,000 kg CO2e from Scope 3 emissions, which encompasses various indirect emissions such as business travel and employee commuting. Over the years, Nippon Life has demonstrated a commitment to reducing its carbon footprint. In 2022, the company recorded total emissions of about 175,000,000 kg CO2e, indicating a reduction from previous years. However, specific reduction targets or initiatives have not been disclosed, and there are no reported commitments to the Science Based Targets initiative (SBTi) or other formal climate pledges. The company continues to monitor and report its emissions across all three scopes, reflecting its awareness of the importance of climate action in the insurance industry.
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 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.
