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Tokio Marine & Nichido Fire Insurance Co., Ltd., a prominent player in the insurance and pension funding services sector, is headquartered in Tokyo, Japan. Established in 1879, the company has a rich history marked by significant milestones, including its expansion into various international markets. Tokio Marine & Nichido offers a comprehensive range of insurance products, including property, casualty, and life insurance, distinguished by their commitment to customer service and innovative solutions.
With a strong market position, the company is recognised for its financial stability and robust underwriting practices, making it a trusted choice for individuals and businesses alike. Its extensive operational reach spans across Asia, Europe, and the Americas, solidifying its status as a global leader in the insurance industry. Tokio Marine & Nichido continues to adapt to changing market dynamics, ensuring it meets the evolving needs of its clients.
+19 vs industry average
Tokio Marine & Nichido Fire Insurance Co., Ltd.’s score of 58 is higher than 70% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Insurance Services is among the least carbon-intensive industries
The Insurance Services industry has reduced its overall emissions by 25% since 2018
Scope 3 accounts for ••• of total emissions.
Tokio Marine & Nichido Fire Insurance Co., Ltd. has reported its greenhouse gas emissions for several years, with its most recent data for 2020 showing a total of approximately 89.9 million kg CO2e. This figure comprises Scope 1 emissions of about 13.2 million kg CO2e, Scope 2 emissions of approximately 54.0 million kg CO2e, and Scope 3 emissions totalling around 22.8 million kg CO2e. In 2019, the company's total emissions were approximately 111.2 million kg CO2e, broken down into Scope 1 (17.5 million kg CO2e), Scope 2 (62.1 million kg CO2e), and Scope 3 (31.6 million kg CO2e).
The company has established a significant climate commitment: achieving net zero for Scope 1 and Scope 2 greenhouse gas emissions by fiscal year 2050. This long-term goal aims to align with global efforts to mitigate climate change.
While the provided data focuses on emissions from 2015 to 2020, showing a general downward trend, the company's strategic direction is set by its net-zero target. Tokio Marine & Nichido Fire Insurance Co., Ltd. is a subsidiary of Tokio Marine Holdings, Inc., and information regarding its sustainability initiatives and performance may be cascaded from the parent company.
Access structured emission data, company specific factors and auditable source documents
2025
Near-zero scope 1 & 2
Target to achieve near-zero emissions for direct operations and purchased energy
2030
62% reduction in total GHG
Vs 2019 baseline. Validated by SBTi. Includes full supply chain.
2040
50% reduction in Scope 3 intensity
Across purchased goods and services and logistics.
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