Tokio Marine Newa Insurance Sustainability Profile
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 73 is higher than 85% 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 2024, Tokio Marine Newa Insurance reported total carbon emissions of approximately 2,737,751 kg CO2e. This figure includes Scope 1 emissions of 118,050 kg CO2e, Scope 2 emissions of 960,110 kg CO2e, and Scope 3 emissions totalling approximately 1,659,591 kg CO2e, which encompasses categories such as employee commute and purchased goods and services. 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, reflecting a commitment to gradually lower its carbon footprint each year. Tokio Marine Newa Insurance's emissions data is cascaded from its parent company, Tokio Marine Holdings, Inc., indicating a structured approach to climate commitments within the corporate family. The company is actively working towards these goals, demonstrating a proactive stance in addressing climate change and reducing its environmental impact.
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| 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|
| Scope 1 | - | 000,000 | 000,000 | 000,000 |
| Scope 2 | - | 000,000 | 000,000 | 000,000 |
| Scope 3 | 677,612,150 | - | - | 0,000,000.0 |
How Carbon Intensive is Tokio Marine Newa Insurance's Industry?
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Tokio Marine Newa Insurance's Scope 3 Categories Breakdown
Tokio Marine Newa Insurance's Scope 3 emissions, which decreased by 100% last year and decreased by approximately 100% since 2021, demonstrating supply chain emissions tracking. Most of their carbon footprint comes from suppliers and value chain emissions, with Scope 3 emissions accounting for 61% of total emissions under the GHG Protocol, with "Employee Commuting" being the largest emissions source at 53% of Scope 3 emissions.
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Tokio Marine Newa Insurance's Climate Goals (2030 & 2050)
Climate goals typically focus on 2030 interim targets and 2050 net-zero commitments, aligned with global frameworks like the Paris Agreement and Science Based Targets initiative (SBTi) to ensure alignment with global climate goals.
Tokio Marine Newa Insurance has established climate goals through participation in recognized frameworks and target-setting initiatives. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
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