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 38 is higher than 90% 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 globally, with Scope 1 emissions at about 13,685,000 kg CO2e, Scope 2 emissions at approximately 28,701,000 kg CO2e, and Scope 3 emissions reaching around 27,502,000 kg CO2e. Notably, the company has made commitments to reduce its carbon footprint, although specific reduction targets have not been publicly disclosed. In previous years, emissions have varied, with a total of about 77,511,000 kg CO2e reported in Japan in 2018 and 73,470,000 kg CO2e in 2019. The company has acknowledged the need for climate action and is in the process of developing formal reduction targets, with a commitment to submit these by July 31, 2023. Tokio Marine Holdings operates within the financial sector, specifically in insurance, and is actively working towards enhancing its sustainability practices. The company has not yet committed to a net-zero target but is focused on improving its emissions reporting and reduction strategies in line with industry standards.
Access structured emissions data, company-specific emission factors, and source documents
Add to project2010 | 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 committed to some 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.