- Climate change risks (physical and transition)
- Supply chain disruptions
- Childcare challenges
- Aging population
- Maintaining high customer satisfaction
- Reducing plastic use
- Maintaining financial soundness in a low-interest-rate environment
Nippon Life Insurance Company
Greenhouse gas emissions & sustainability report data
In its 2021 reporting, Nippon Life Insurance Company disclosed greenhouse gas emissions of 191.0K t-CO2 (Group). By scope: Scope 1: 34.5K t-CO2 (Group); Scope 2: 71.7K t-CO2 (Group); Scope 3: 84.8K t-CO2 (Group). 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
191.0K t-CO2 (Group)
2021
Water Usage
616.0K m3
2021
Waste
6.4K tons
2021
📊 Emissions by Scope (2021)
| Scope | What it covers | Reported value |
|---|---|---|
| Scope 1 | Direct emissions from sources the company owns or controls (fuel combustion, company vehicles, process and fugitive emissions). | 34.5K t-CO2 (Group) |
| Scope 2 | Indirect emissions from purchased electricity, steam, heat and cooling. | 71.7K t-CO2 (Group) |
| Scope 3 | Other indirect emissions across the value chain (purchased goods, business travel, use of sold products, etc.). | 84.8K t-CO2 (Group) |
New to scopes? Read Scope 1, 2 and 3 emissions explained and market-based vs location-based Scope 2.
✅ Reported Environmental Achievements
- Reduced CO2 emissions by 24% compared to FY2013 (Group)
- Achieved a 32% reduction in total greenhouse gas emissions in the investment portfolio compared to FY2010
- Set FY2030 interim targets for greenhouse gas emissions in the investment portfolio (Total emissions: -45% or more compared to FY2010, Intensity: -49% or more compared to FY2020)
- Set FY2030 reduction target for portfolio – Total emissions: Reduced by 45% or more (versus FY2010) – Intensity: Reduced by 49% or more (versus FY2020)
- Increased and expanded CO2 emission reduction target in business activities – 2030 Target: 51% or more – Change from a nonconsolidated basis to a Group one
- Zero plastic clear document folders target set for newly purchased folders at the beginning of FY2024
🎯 Climate & Sustainability Targets
🔜 Short-term
- Reduce CO2 emissions by 51% or more by FY2030 (Group)
📅 Medium-term
- Achieve net-zero GHG emissions in investment portfolio by FY2050
- Increase the ratio of women in positions equivalent to department manager to 10% at the beginning of FY2030
🔭 Long-term
- Achieve net-zero GHG emissions in business activities by FY2050
🌱 ESG Focus Areas
Customer satisfactionSocial issuesUniversal servicesRegional insurance servicesSustainable society through asset managementCommunity developmentDiverse human resourcesDiversity and inclusionWork style reforms and healthLong-term business operationEconomic value distributionCorporate governanceCSR integrationStakeholder engagementComplianceHuman rightsRisk managementClimate change