- Climate change leading to unprecedented natural disasters
- Geopolitical conflicts causing supply chain disruptions and inflation
- Information leakage incident at Tokio Marine & Nichido
Tokio Marine Holdings, Inc.
Greenhouse gas emissions & sustainability report data
In its 2023 reporting, Tokio Marine Holdings, Inc. disclosed greenhouse gas emissions of 69.9K tCO2e/year (FY2023). Figures are as stated in the company's own report and may use different boundaries, units or methods (for example market-based vs location-based Scope 2), so compare with care.
GHG Emissions
69.9K tCO2e/year (FY2023)
2023
Renewable Energy
45% (FY2023)
of total energy
Waste
5.1K tons/year (FY2023)
2023
📈 Emissions by Report Period
| Report period | Headline emissions figure reported |
|---|---|
| 2023 | 69.9K tCO2e/year (FY2023) |
| 2022 | 83.5K tCO2e/year (2021) |
| 2010-04 to 2011-03 | 73.7K tCO2e/year (Tokio Marine Group) |
| 2005-04 to 2006-03 | 45.0K tCO2e/year |
Each row is the headline figure extracted from a different report; scope coverage and methodology can change between years.
✅ Reported Environmental Achievements
- Reduced GHG emissions by 43% in FY2023 (vs FY2015)
- Achieved carbon neutral status for 11 consecutive years since FY2013
- Decarbonization-related insurance underwritten: Approx. 35.5 billion yen (FY2023)
- Sustainable and themed investments and financing: Approx. 138.0 billion yen (FY2023)
- Economic value generated by mangrove planting: Total of 202.3 billion yen (April 1999 – March 2023)
- Reduced paper use by 3,318 tons
🎯 Climate & Sustainability Targets
🔜 Short-term
- Reduce the Group’s GHG emissions by 60% by fiscal 2030 (compared with fiscal 2015 level)
- Use 100% renewable energy for electricity consumed at major bases by fiscal 2030
- Replace all company-owned vehicles with electrified vehicles by fiscal 2030
📅 Medium-term
- Achieve a three-year CAGR above 5% in new policy premiums at Tokio Marine & Nichido Life (compared to fiscal 2023)
- Percentage of female directors and Audit & Supervisory Board members: 30% (fiscal 2027 target)
- Percentage of female managers at Tokio Marine & Nichido: 30% (fiscal 2025 target)
🔭 Long-term
- Aim for net zero GHG emissions by fiscal 2050 (including insurance customers, investee companies and financing recipients)
- Surpass 300 billion yen in cumulative economic value from mangrove planting by fiscal 2038
🌱 ESG Focus Areas
Climate changeDisaster resilienceHealthy and fulfilling livesDiversity and inclusionInnovative solutionsProtecting the natural environmentOpportunities for future generationsOpen governance with integrity