Tokio Marine Holdings, Inc., a leading global insurance and financial services provider, is headquartered in Tokyo, Japan. Established in 1879, the company has evolved into a prominent player in the insurance industry, with significant operations across Asia, the Americas, and Europe. Tokio Marine is renowned for its comprehensive range of products, including property and casualty insurance, life insurance, and reinsurance, distinguished by a strong commitment to customer service and innovative solutions. With a rich history marked by strategic acquisitions and expansions, Tokio Marine has consistently maintained a robust market position, recognised for its financial strength and stability. The company’s dedication to risk management and sustainability further enhances its reputation, making it a trusted choice for individuals and businesses seeking reliable insurance solutions.
How does Tokio Marine 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.
Tokio Marine Holdings's score of 73 is higher than 84% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2023, Tokio Marine Holdings reported total carbon emissions of approximately 69,888,000 kg CO2e, with emissions distributed across various scopes: 13,685,000 kg CO2e (Scope 1), 28,701,000 kg CO2e (Scope 2), and 27,502,000 kg CO2e (Scope 3). The company has set ambitious targets to reduce greenhouse gas emissions by 60% by fiscal 2030 from 2015 levels for both Scope 1 and Scope 2 emissions. This commitment reflects a long-term strategy aiming for a 60% reduction by fiscal 2050 compared to 2006 levels. In Japan, the 2022 emissions data indicated a total of approximately 23,979,000 kg CO2e, with Scope 1 emissions at 6,894,000 kg CO2e and Scope 2 emissions at 23,979,000 kg CO2e. The company has also committed to achieving carbon neutrality by fiscal 2050, which includes offsetting emissions through initiatives such as mangrove planting and the use of natural energy sources. Tokio Marine's climate commitments are not only focused on their direct operations but also extend to their investees, aiming for a comprehensive approach to sustainability. The company has been proactive in aligning its strategies with industry standards, although it has not yet submitted specific near-term targets to the Science Based Targets initiative (SBTi). Overall, Tokio Marine Holdings is making significant strides in addressing its carbon footprint while setting clear reduction targets to combat climate change effectively.
Access structured emissions data, company-specific emission factors, and source documents
| 2010 | 2011 | 2012 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Scope 1 | 17,231,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
| Scope 2 | 52,147,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
| Scope 3 | 4,314,000 | 0,000,000 | 0,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
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.
Tokio Marine Holdings 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.
