Meiji Yasuda Life Insurance Company

Participation Year: 2023B607
Security Code
B296
Industrial Classification
INSURANCE INSTITUTIONS, INCLUDING INSURANCE AGENTS, BROKERS AND SERVICESB299
Sales
3,670,200million yenB302 (FYB3012022)B300
Category
Group XB303

Organizational boundary type : Non-ConsolidatedB605

Number of legal entities included in the organizational boundary (excluding representative participating companies)

0B305

Target(vs FY2013)B306

Phase1 Total Emission Targets
239,986B312t-CO2e
FY2025
76,517B317t-CO2e
(36% Emission Reduction)B318
(scope1 -36%B314, scope2 -36%B316)
FY2030
59,127B323t-CO2e(50% Emission Reduction)B324(scope1 -50%B320, scope2 -50%B322)
FY2050
Carbon Neutrality

Companies participating in the fiscal year 2023 will be subject to reporting for the three fiscal years from 2023 to 2025, and newly participating companies in the fiscal year 2024 will be subject to reporting for the two fiscal years from 2024 to 2025.

Actual Emissions

FY2023
Emission Amount 66,352B1036t-CO2e(scope1 5,735B1027t-CO2e,scope2 60,617B1031t-CO2e)
FY2024
Emission Amount 58,608B1086t-CO2e

(scope1 6,703B1068t-CO2e,scope2 51,905B1078t-CO2e)

FY2025
Emission Amount t-CO2e

(scope1 t-CO2e, scope2 t-CO2e)

Comparison of Emissions Reduction Targets and Actual Emissions

Companies participating in the fiscal year 2023 will be subject to reporting for the three fiscal years from 2023 to 2025,
and newly participating companies in the fiscal year 2024 will be subject to reporting for the two fiscal years from 2024 to 2025.

Emissions Intensity Target

  • FY2030

    B325

  • t-CO2e/

    B326

Reduction at a pace exceeding NDC levels & Commitment to additional reductions

  1. 1

    B329For the most recent emissions, the rate of reduction from the base year is above the NDCs (FY2023), and the company is committed to additional reductions above the NDCs toward FY2025 and FY2030.)

  2. 2

    B330Not Applicable

Details of Emission Results

※ You can see all by scrolling horizontally.
概要Unit (t-CO2e)
2023202420252023-2025 (Total)
Scope1 ActualAfter deduction of for eligible carbon credit and GX credit5,735B10276,703B1068
before deduction for eligible credit and GX credit 5,735B10286,703B1069
Amount of eligible carbon credit procured0B10290B1073
GX credit procured0B10300B1077
Scope2 ActualAfter deduction of eligible carbon credit, certificates, etc.60,617B103151,905B1078
before deduction for credits and certificates60,617B103251,905B1079
Amount of eligible carbon credits procured0B10330B1080
Certificates procured0B10340B1084
Scope1+Scope2After deduction of eligible carbon credit, GX credit and certificates66,352B103658,608B1086
Scope1 Actual from power generation divisionB1037B1087
Scope2 Actual from power generation divisionB1038B1088
Ref. Electric power consumptionB1035B1085

※Use of waste as raw fuel and recovery have already been accounted for

Progress towards achieving Phase 1 target

  • Scope1
  • Scope2

State of progress (FY2023-2024)B1241

  1. 1

    B1256The reductions are progressing sufficiently towards achieving the goal.

  2. 2

    B1256There is a delay in reductions towards achieving the goal.

Explanation of progress (FY2023-2024)B1241

当社は、グループベース(明治安田生命単体・国内連結子会社3社・海外連結子会社3社)にてCO2排出量削減の目標設定と実績の報告を行なっています。スコープ1・2について、2030年度67%削減(2013年度対比)の目標に対して、2024年度実績で58.5%削減と順調に推移しており、単体については本社主要3ビルなど100%再エネ導入を実施しています。B1257

Companies participating in the fiscal year 2023 will be subject to reporting for the three fiscal years from 2023 to 2025,
and newly participating companies in the fiscal year 2024 will be subject to reporting for the two fiscal years from 2024 to 2025.

Transition Strategy

  • Applicable
  • Not applicable

Transition Strategy Text

Implementation status of recommended measures for transition strategy

  • 1

    B368Targeting core business activities

  • 2

    B369Describing the scenario roadmap referenced

  • 3

    B370Considering impacts on the environment and society other than climate change

Scenario roadmap referenced during formulation

  • 1

    B375Sectoral Technology Roadmap for Transition Finance Promotion

  • 2

    B376A scientifically based plan for the realization of the Paris Agreement as defined

  • 3

    B377GHG reduction targets set by the government(NDC)

  • 4

    B378Others

Status of Governance Initiatives

  • 1

    B381Linked to management plan

  • 2

    B382Establishing a department in charge

  • 3

    B383Establishing an executive officer in charge

  • 4

    B384Developing and disclosing investment plans necessary to implement the strategy

List of initiatives required from GX League companies

1. Initiatives towards reducing supply chain emissions

2. Initiatives in the market through products and services.

Criteria for Establishing Organizational Boundaries

  • 1

    B332Equity share-based criteria (GHG Protocol compliant)

  • 2

    B332Financial control criteria (GHG Protocol compliant).

  • 3

    B332Operational control criteria (GHG Protocol compliant).

  • 4

    B332Financial accounting standards

  • 5

    B332Non-Consolidated

  • 6

    Others

Emission target (vs. base year)

Actual Emissions

2024FY
Emission Amount ―t-CO2eB1109 (scope1 t-CO2eB1096, scope2 t-CO2eB1100, scope3 t-CO2eB1104 )

Comparison of Emissions Reduction Targets and Actual Emissions

Details of Emission Results

※ You can see all by scrolling horizontally.
概要Unit (t-CO2e)
2023202420252023-2025 (Total)
Scope1 ActualAfter deduction of carbon credit and Non-fossil certificateB1045B1096
Before deduction of carbon credit and Non-fossil certificateB1046B1097
Amount of Non-fossil certificateB1047B1098
Amount of carbon offset and carbon credit procuredB1048B1099
Scope2 ActualAfter deduction of carbon credit and Non-fossil certificateB1049B1100
Before deduction of carbon credit and Non-fossil certificateB1050B1101
Amount of carbon offset and carbon credit procuredB1051B1102
Amount of Non-fossil certificateB1052B1103
Scope3 ActualAfter deduction of carbon credit and Non-fossil certificateB1053B1104
Before deduction of carbon credit and Non-fossil certificateB1054B1105
Amount of carbon offset and carbon credit procuredB1055B1106
Amount of Non-fossil certificateB1056B1107
Scope1+2After deduction of carbon credit and Non-fossil certificateB1057B1108
Scope1+2+3After deduction of carbon credit and Non-fossil certificateB1058B1109

Calculation Method

  1. B1308
    1

    SHK system compliant

  2. B1308
    2

    GHG Protocol compliant

  3. B1308
    3

    GX-ETS compliant

  4. B1308
    4

    Others

    B1309

Details of Actual Emissions

Assurance Level

  1. B1311
    1

    Reasonable assurance

  2. B1312
    2

    Limited assurance

Assuarance Report