Public Profile

Tokio Marine Newa Insurance

Tokio Marine Newa Insurance Co., Ltd., commonly referred to as Tokio Marine Newa, is a prominent player in the insurance industry, headquartered in Taiwan (TW). Established in 2002, the company has rapidly expanded its operations across major regions in Asia, offering a diverse range of insurance solutions. Specialising in property, casualty, and life insurance, Tokio Marine Newa distinguishes itself through its customer-centric approach and innovative products tailored to meet the evolving needs of clients. The company has achieved significant milestones, including recognition for its robust financial stability and commitment to service excellence. With a strong market position, Tokio Marine Newa continues to build on its reputation as a trusted insurer, leveraging its global expertise and local insights to deliver comprehensive coverage and peace of mind to its customers.

DitchCarbon Score

How does Tokio Marine Newa 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.

44

Industry Average

Mean score of companies in the Services Auxiliary to Financial Intermediation 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.

30

Industry Benchmark

Tokio Marine Newa Insurance's score of 44 is higher than 89% of the industry. This can give you a sense of how well the company is doing compared to its peers.

89%

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Tokio Marine Newa Insurance's reported carbon emissions

In 2023, Tokio Marine Newa Insurance reported total carbon emissions of approximately 69,341,000 kg CO2e. This figure includes 185,000 kg CO2e from Scope 1 emissions, 956,000 kg CO2e from Scope 2 emissions, and a significant 663,856,000 kg CO2e from Scope 3 emissions. Comparatively, in 2022, the total emissions were about 73,000,000 kg CO2e, with Scope 1 at 107,590 kg CO2e, Scope 2 at 1,285,900 kg CO2e, and Scope 3 at 743,101,000 kg CO2e. The 2021 data indicated total emissions of around 77,000,000 kg CO2e, with Scope 1 emissions at 16,000,000 kg CO2e, Scope 2 at 32,000,000 kg CO2e, and Scope 3 at 29,000,000 kg CO2e. Tokio Marine Newa Insurance has set ambitious reduction targets, aiming to decrease carbon emissions by 30% for both Scope 1 and Scope 2 by 2030, using 2021 as the base year. This commitment reflects a strategic approach to gradually lower the company's carbon footprint each year, demonstrating their dedication to climate action and sustainability.

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202120222023
Scope 1
16,000,000
000,000
000,000
Scope 2
32,000,000
0,000,000
000,000
Scope 3
29,000,000
000,000,000
000,000,000

Industry emissions intensity

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. Tokio Marine Newa Insurance's primary industry is Services auxiliary to financial intermediation (67), which is very low in terms of carbon intensity compared to other industries.

Location emissions intensity

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 Newa Insurance is in TW, which we do not have grid emissions data for.

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.

Tokio Marine Newa Insurance is not participating in any 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.

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

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