Tokio Marine Newa Insurance

Tokio Marine Newa Insurance's reported carbon emissions

In 2024, Tokio Marine Newa Insurance reported total carbon emissions of approximately 1,078,000 kg CO2e. This figure includes Scope 1 emissions of about 118,050 kg CO2e, Scope 2 emissions of approximately 960,110 kg CO2e, and Scope 3 emissions amounting to about 1,000,000 kg CO2e. Notably, the Scope 3 emissions are significantly driven by investments, which account for approximately 57,758,570 kg CO2e. The company has set ambitious reduction targets, aiming to decrease its carbon emissions by 30% by 2030 compared to its 2021 levels. This target applies to both Scope 1 and Scope 2 emissions, indicating a commitment to gradually reduce its carbon footprint each year. Tokio Marine Newa Insurance's emissions data is cascaded from its parent company, Tokio Marine Holdings, Inc., reflecting a corporate family relationship that influences its climate commitments and reporting practices. The company is actively working towards these targets, demonstrating a proactive approach to addressing climate change within the insurance industry.