Japan Post Insurance Co., Ltd.

Greenhouse gas emissions & sustainability report data

๐Ÿ“Š Latest report period: 2024๐Ÿ—‚๏ธ Report periods on file: 2024

In its 2024 reporting, Japan Post Insurance Co., Ltd. disclosed greenhouse gas emissions of 21.3K tCO2e/year (FY2023). By scope: Scope 3: Approx. 895 (10,000 tCO2e) (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.

๐Ÿ’จ
GHG Emissions
21.3K tCO2e/year (FY2023)
2024

๐Ÿ“Š Emissions by Scope (2024)

ScopeWhat it coversReported value
Scope 3Other indirect emissions across the value chain (purchased goods, business travel, use of sold products, etc.).Approx. 895 (10,000 tCO2e) (FY2023)

New to scopes? Read Scope 1, 2 and 3 emissions explained and market-based vs location-based Scope 2.

โœ… Reported Environmental Achievements

๐ŸŽฏ Climate & Sustainability Targets

๐Ÿ”œ Short-term

  • Number of policies in force (individual insurance): More than 18.5 million policies by FY2025.
  • Customer satisfaction: 90% or more by FY2025.
  • NPSยฎ: One of the highest in the industry by FY2025.
  • โ€œRadio-Taisoโ€ performance rate: 25% by FY2025.
  • Impact โ€œKโ€ Project Certified Funds: 15 funds worth ยฅ50 billion in cumulative total by FY2025.

๐Ÿ“… Medium-term

  • Ratio of female managers at the head office: 30% by FY2031/3.
  • Greenhouse gas emissions (Scope 1, 2): 46% reduction (compared to FY2020/3) by FY2031/3.
  • Adjusted profit: ยฅ97.0 billion by FY2025.
  • Adjusted ROE: Approx. 6% by FY2025.
  • EV growth (RoEV): Target growth of 6% to 8% by FY2025.

๐Ÿ”ญ Long-term

  • Achieve carbon neutrality by 2050.

๐ŸŒฑ ESG Focus Areas

Provision of insurance products and servicesHealth promotion and well-beingDiversity and human rightsEnvironmental conservationCorporate governance and human capital management

โš ๏ธ Challenges & Risks +

  • Decline in the number of policies in force.
  • Need to strengthen sales force.
  • Maintaining and expanding customer base.
  • Climate change risks (physical and transition).
  • Biodiversity risks.

๐Ÿ“‹ Report Information

Reporting Period: 2024
Frameworks: International Integrated Reporting Framework (IIRC), TCFD, TNFD