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.
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.
Mean score of companies in the 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 Newa Insurance's score of 33 is higher than 74% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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 at 107,590 kg CO2e, Scope 2 at 1,285,900 kg CO2e, and Scope 3 at 743,101,000 kg CO2e. The 2023 data indicates a reduction in total emissions, showcasing a positive trend in their climate impact. Despite these reductions, there are currently no specific reduction targets or initiatives disclosed by Tokio Marine Newa Insurance. The company has not committed to Science Based Targets Initiative (SBTi) reduction targets or other formal climate pledges, which places them in a broader industry context where many firms are increasingly setting ambitious climate goals. Overall, while Tokio Marine Newa Insurance has made strides in reducing its emissions, further commitments and targets would enhance its climate strategy and align it with industry best practices.
Access structured emissions data, company-specific emission factors, and source documents
Add to project2021 | 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 |
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 committed to any 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.