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Insurance Services
JP
updated a month ago

Tokio Marine Holdings Sustainability Profile

Company website

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.

DitchCarbon Score

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.

76

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.

33

Industry Benchmark

Tokio Marine Holdings's score of 76 is higher than 86% of the industry. This can give you a sense of how well the company is doing compared to its peers.

86%

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Tokio Marine Holdings's reported carbon emissions

In 2023, Tokio Marine Holdings reported total carbon emissions of approximately 69,888,000 kg CO2e, comprising 13,685,000 kg CO2e from Scope 1 and 28,701,000 kg CO2e from Scope 2 emissions. Scope 3 emissions accounted for approximately 27,502,000 kg CO2e, with significant contributions from business travel and purchased goods and services. The company has set ambitious climate commitments, aiming for a 60% reduction in greenhouse gas emissions from its operations by 2030, compared to 2015 levels. This target applies to both Scope 1 and Scope 2 emissions. Additionally, Tokio Marine is working towards achieving net-zero emissions across its operations and investees by 2050. Tokio Marine's long-term targets include a 60% reduction in emissions by 2050 compared to 2006 levels for both Scope 1 and Scope 2 emissions. The company has previously achieved a medium-term target of a 40% reduction by 2020 compared to 2006 levels. Overall, Tokio Marine Holdings is actively engaged in reducing its carbon footprint and has established clear, science-based targets to guide its sustainability efforts.

Unlock detailed emissions data

Access structured emissions data, company-specific emission factors, and source documents

20102011201220132014201520162017201820192020202120222023
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

How Carbon Intensive is Tokio Marine Holdings's Industry?

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. Tokio Marine Holdings's primary industry is Insurance Services, which is very low in terms of carbon intensity compared to other industries.

How Carbon Intensive is Tokio Marine Holdings's Location?

Very low
Low
Medium
High
Very high
The carbon intensity of the energy grid powering a company's primary operations has a strong influence on its overall carbon footprint. This request for Tokio Marine Holdings is in JP, which has a low grid carbon intensity relative to other regions.

Tokio Marine Holdings's Scope 3 Categories Breakdown

Tokio Marine Holdings's Scope 3 emissions, which increased by 7% last year and increased by approximately 538% since 2010, demonstrating supply chain emissions tracking. A significant portion of their carbon footprint comes from suppliers and value chain emissions, with Scope 3 emissions accounting for 39% of total emissions under the GHG Protocol, with "Purchased Goods and Services" being the largest emissions source at 34% of Scope 3 emissions.

Top Scope 3 Categories

2023
Purchased Goods and Services
34%
Fuel and Energy Related Activities
32%
Business Travel
30%
Waste Generated in Operations
3%

Tokio Marine Holdings's Climate Goals (2030 & 2050)

Climate goals typically focus on 2030 interim targets and 2050 net-zero commitments, aligned with global frameworks like the Paris Agreement and Science Based Targets initiative (SBTi) to ensure alignment with global climate goals.

Tokio Marine Holdings has established climate goals through participation in recognized frameworks and target-setting initiatives. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.

Science Based Targets Initiative
Carbon Disclosure Project
The Climate Pledge
UN Global Compact
RE 100
Climate Action 100
Race To Net Zero
Reduction Actions

Compare Tokio Marine Holdings's Emissions with Industry Peers

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Intact Financial

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Chubb

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Insurance and pension funding services, except compulsory social security services (66)
Updated about 1 month ago

Frequently Asked Questions

Common questions about Tokio Marine Holdings's sustainability data and climate commitments

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Where does DitchCarbon data come from?

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