Climate Change Data

MS&AD Insurance Group

Climate Impact & Sustainability Data (2022-2023)

Reporting Period: 2022-2023

Environmental Metrics

Total Carbon Emissions:36,215 t-CO2 (2022, Scope 1+2)
Renewable Energy Share:53.8% (2023)

ESG Focus Areas

  • Planetary Health
  • Innovative Technology
  • Resilience
  • Social Inclusion

Environmental Achievements

  • Reduced greenhouse gas emissions by 50% from 2019 to 2022 (Scope 1+2: 31% reduction, Scope 3: 8% reduction)
  • Launched "Burn-Free Insurance" to promote clothing recycling
  • Increased green product revenue with a CAGR of 18% (2022-2025)

Social Achievements

  • Developed and launched a dedicated insurance product for frozen egg storage
  • Provided micro-property insurance to support low-income and impoverished individuals, particularly women entrepreneurs in India (940,000 policies, exceeding 440 million yen)
  • Launched HELPO (healthcare app) and brainco (online community service for seniors)

Governance Achievements

  • Implemented MS-Assistant, an AI-powered system for efficient query response in insurance operations
  • Established a climate change training program with over 3,132 participants

Climate Goals & Targets

Long-term Goals:
  • Net-zero emissions by 2050
Medium-term Goals:
  • Reduce GHG emissions by 50% from 2019 levels by 2030 (Scope 1, 2, and 3)
  • Reduce GHG emissions from major domestic clients by 37% from 2019 levels by 2030
Short-term Goals:
  • Achieve 60% renewable energy by 2025

Environmental Challenges

  • Climate change impacts (natural disasters)
  • Aging infrastructure
  • Social inequality
  • Human rights issues
Mitigation Strategies
  • Developing disaster prevention and mitigation services using data, AI, and sensors
  • Promoting inclusive products and services for elderly and disabled individuals
  • Implementing human rights due diligence and providing training on human rights

Supply Chain Management

Climate-Related Risks & Opportunities

Physical Risks
  • Natural disasters
Opportunities
  • Development of climate-related products and services

Sustainable Products & Innovation

  • Burn-Free Insurance
  • Frozen egg storage insurance
  • Micro-property insurance
  • HELPO healthcare app
  • brainco senior community service
  • VAAKEYE forklift monitoring solution
  • MS LifeConnect (home IoT platform)