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.
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.
Industry Benchmark
Tokio Marine Newa Insurance's score of 33 is higher than 71% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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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 company recorded total emissions of about 73,000,000 kg CO2e, with Scope 1 emissions at 107,590 kg CO2e, Scope 2 at 1,285,900 kg CO2e, and Scope 3 emissions reaching 743,101,000 kg CO2e. This indicates a reduction in total emissions from 2022 to 2023. Despite these reductions, there are currently no specific reduction targets or initiatives disclosed by Tokio Marine Newa Insurance. The company has not committed to any science-based targets or climate pledges, which places it in a broader industry context where many firms are increasingly setting ambitious climate goals. Overall, while Tokio Marine Newa Insurance has shown a decrease in emissions, further commitments and initiatives would enhance its climate strategy and align it with industry standards.
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| 2021 | 2022 | 2023 | |
|---|---|---|---|
| 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
Location emissions intensity
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.
