Tokio Marine Holdings

Tokio Marine Holdings's reported carbon emissions

In 2024, Tokio Marine Holdings reported total carbon emissions of approximately 57.4 million kg CO2e. This figure includes Scope 1 emissions of about 13.7 million kg CO2e, Scope 2 emissions (market-based) of approximately 28.7 million kg CO2e, and Scope 3 emissions of around 23.5 million kg CO2e. The company has set ambitious targets to reduce greenhouse gas emissions by 60% by fiscal 2030 from the fiscal 2015 levels, applicable to both Scope 1 and Scope 2 emissions. Additionally, Tokio Marine aims for carbon neutrality across its operations by fiscal 2050, which includes a commitment to offset emissions through initiatives such as mangrove planting and the use of renewable energy sources. Historically, emissions have fluctuated, with a total of approximately 69.9 million kg CO2e in 2023 and about 80.2 million kg CO2e in 2022. The company has made significant strides in its reduction initiatives, including a medium-term target of a 40% reduction in emissions by 2020 compared to 2006 levels, which aligns with its long-term goal of a 60% reduction by 2050. Tokio Marine's climate commitments reflect its dedication to sustainability and responsible corporate governance, positioning it as a proactive player in the financial and insurance sectors in Japan.