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Daiichi Life Group Inc

Common Name
Daiichi Life Group
Country
Japan
Sector
Financial Services
Industry
Insurance - Life
Employees
59,495
Ticker
8750
Exchange
Japan Exchange Group
Description
Dai-ichi Life Holdings Inc. is a comprehensive life insurance company headquartered in Tokyo, Japan. Its primary function is providing life insurance products and services to both individual consumers...

Daiichi Life Group's GHG Emissions Data Preview

In 2024, Daiichi Life Group completed a corporate carbon footprint assessment and publicly disclosed its greenhouse gas (GHG) emissions according to the GHG Protocol, covering Scope 1 (direct emissions from owned or controlled sources), Scope 2 (indirect emissions from purchased energy) and Scope 3 (indirect emissions across the value chain).

Daiichi Life Group has also provided a category-level breakdown for 15 out of 15 Scope 3 emissions categories, offering greater transparency into its value chain emissions.

Metric (tCO2e)2024202320222021-2019
Total Scope 1
26,068a
34,156a
33,755a
Total Scope 2
Market-Based
6,693a
8,567a
11,054a
Location-Based
64,796a
65,732a
71,343a
Total Scope 3
27,065,642a
26,539,836a
9,241,245a
Total Scope 1 Revenue Intensity (tCO2e/$M)
0.3764a
0.5409a
0.5241a
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Verified Sources Behind Daiichi Life Group’s Greenhouse Gas (GHG) Emissions Data

Every figure on this dashboard has a transparent audit trail. With Tracenable, each data point is traceable back to its original source, viewable directly inside our platform.

a. Daiichi Life Group's Sustainability Data Spreadsheet 2024
b. Daiichi Life Group's Integrated Report 2022

Insights into Daiichi Life Group's Operational Emissions

In 2024, the total operational greenhouse gas (GHG) emissions of Daiichi Life Group amounted to 90,864 metric tons of CO2 equivalent. This figure includes both direct emissions from owned or controlled sources (Scope 1) and indirect emissions from purchased energy (Scope 2).a

Compared to 2023, the total operational greenhouse gas (GHG) emissions of Daiichi Life Group decreased by 9.03%, showing that the company has made progress in taking action to reduce the climate impact of its operations.a

Daiichi Life Group's Scope 1 Emissions Over Time

202120222023202409 k18 k27 k36 ktCO2e+64%+1%-24%
  • Total Scope 1
  • Year-over-Year Change

What are Daiichi Life Group's Scope 1 emissions?

In 2024, the total Scope 1 emissions of Daiichi Life Group were 26,068 metric tons of CO₂ equivalent (tCO₂e).a

Compared to the previous year (2023), Daiichi Life Group's Scope 1 emissions decreased by 23.68%, highlighting the company's efforts to lower direct emissions from assets it owns or controls.a

What are Daiichi Life Group's Scope 2 emissions?

In 2024, Daiichi Life Group reported Scope 2 greenhouse gas (GHG) emissions of 6,693 tCO₂e using the market-based method and 64,796 tCO₂e using the location-based method.a

Has Daiichi Life Group reduced its Scope 2 emissions over time?

Compared to the previous year (2023), Daiichi Life Group's Scope 2 emissions (Location-Based) have remained relatively stable, indicating that Daiichi Life Group's emissions have plateaued with no significant change in its energy consumption footprint.a

What methodology does Daiichi Life Group use for Scope 2 reporting?

In 2024, Daiichi Life Group reported its Scope 2 emissions using the market-based method and using the location-based method.a

Daiichi Life Group's Scope 2 Emissions Over Time

2021202220232024020 k40 k60 k80 ktCO2e
  • Total Scope 2 Location-Based
  • Total Scope 2 Market-Based

Insights into Daiichi Life Group's Value Chain Emissions

In 2024, Daiichi Life Group reported 27,065,642 metric tons of CO₂ equivalent (tCO₂e) of Scope 3 greenhouse gas (GHG) emissions, representing indirect emissions across its upstream and downstream value chain.a

The 2024 disclosure of Daiichi Life Group includes a breakdown across 15 of the 15 Scope 3 categories defined by the GHG Protocol, matching the level of disclosure in 2023, demonstrating consistent Scope 3 emissions reporting coverage year over year.a

Daiichi Life Group's Scope 3 Emissions Over Time

20192020202120222023202407 M14 M21 M28 MtCO2e+12090%+72%-11%+187%+2%
  • Total Scope 3
  • Year-over-Year Change

What are Daiichi Life Group's Scope 3 emissions?

In 2024, Daiichi Life Group reported total Scope 3 emissions of 27,065,642 metric tons of CO₂ equivalent (tCO₂e).a

Approximately 0.87% of these emissions originated from upstream activities such as purchased goods and capital goods, while 99.13% came from downstream activities like product use, distribution, and end-of-life treatment.a

Has Daiichi Life Group reduced its Scope 3 emissions over time?

Since 2019, Daiichi Life Group's Scope 3 emissions have increased by 54,325.18%, reflecting a rising long-term trend in Scope 3 emissions over time.ab

Compared to the previous year (2023), Daiichi Life Group's Scope 3 emissions remained relatively stable, indicating that Daiichi Life Group's emissions have plateaued with no significant change in its value chain footprint.a

What categories of Scope 3 emissions does Daiichi Life Group disclose?

In 2024, Daiichi Life Group reported emissions for 15 out of the 15 Scope 3 categories defined by the GHG Protocol.a

This reflects a high level of granularity and transparency in the company's emissions reporting.

What are the main sources of Daiichi Life Group's Scope 3 emissions?

In 2024, the largest contributors to Daiichi Life Group's Scope 3 emissions were:a

  • Investments (Cat. 15): 26,830,000 tCO₂e (99.13%)
  • Capital Goods (Cat. 2): 189,784 tCO₂e (0.7%)
  • Purchased Goods and Services (Cat. 1): 15,871 tCO₂e (0.06%)

Daiichi Life Group's Scope 3 Emissions by Categories

Investments(Cat. 15)(99.1%)

Insights into Daiichi Life Group’s GHG Emissions Intensity Compared to Industry Peers

In 2024, Daiichi Life Group reported Scope 1 greenhouse gas (GHG) emissions of 26,068 tCO₂e and total revenues of USD 69,256 millions. This translates into an emissions intensity of 0.38 tCO₂e per millions USD.a

Daiichi Life Group's Scope 1 Emissions Intensity Compared to Peers

5002,00010,000100,000500,000Scope 1 Emissions (tCO2e)5002,00010,000100,000500,000Revenues (Millions of USD)Sompo HoldingsYear: 2024Scope 1: 37,359 tCO2eRevenue: $M 31,857Scope 1 Intensity: 1.17 tCO2e/$MMS&AD Insurance Group HoldingsYear: 2024Scope 1: 14,370 tCO2eRevenue: $M 41,858Scope 1 Intensity: 0.34 tCO2e/$MPower Corporation of CanadaYear: 2024Scope 1: 9,333 tCO2eRevenue: $M 22,920Scope 1 Intensity: 0.41 tCO2e/$MSamsung Life InsuranceYear: 2024Scope 1: 32,288 tCO2eRevenue: $M 16,285Scope 1 Intensity: 1.98 tCO2e/$MCathay Financial HoldingYear: 2024Scope 1: 8,602 tCO2eRevenue: $M 11,018Scope 1 Intensity: 0.78 tCO2e/$MFubon Financial HoldingYear: 2024Scope 1: 4,026 tCO2eRevenue: $M 10,595Scope 1 Intensity: 0.38 tCO2e/$MLICYear: 2025Scope 1: 27,014 tCO2eRevenue: $M 104,221Scope 1 Intensity: 0.26 tCO2e/$MGreat-West LifecoYear: 2024Scope 1: 5,876 tCO2eRevenue: $M 24,141Scope 1 Intensity: 0.24 tCO2e/$MAflacYear: 2024Scope 1: 2,850 tCO2eRevenue: $M 19,128Scope 1 Intensity: 0.15 tCO2e/$MManulife FinancialYear: 2023Scope 1: 140,202 tCO2eRevenue: $M 31,959Scope 1 Intensity: 4.39 tCO2e/$MAIA GroupYear: 2024Scope 1: 2,566 tCO2eRevenue: $M 31,255Scope 1 Intensity: 0.08 tCO2e/$MPing AnYear: 2024Scope 1: 28,158 tCO2eRevenue: $M 125,593Scope 1 Intensity: 0.22 tCO2e/$MUnum GroupYear: 2024Scope 1: 5,634 tCO2eRevenue: $M 12,790Scope 1 Intensity: 0.44 tCO2e/$MKGI Financial HoldingYear: 2024Scope 1: 1,525 tCO2eRevenue: $M 2,295Scope 1 Intensity: 0.66 tCO2e/$MSBI Life InsuranceYear: 2025Scope 1: 4,109 tCO2eRevenue: $M 13,686Scope 1 Intensity: 0.30 tCO2e/$MNew China Life InsuranceYear: 2023Scope 1: 2,389 tCO2eRevenue: $M 9,865Scope 1 Intensity: 0.24 tCO2e/$MPrudentialYear: 2024Scope 1: 1,562 tCO2eRevenue: $M 16,203Scope 1 Intensity: 0.10 tCO2e/$MStandard LifeYear: 2024Scope 1: 2,111 tCO2eRevenue: $M 24,490Scope 1 Intensity: 0.09 tCO2e/$MMetLifeYear: 2024Scope 1: 10,611 tCO2eRevenue: $M 69,947Scope 1 Intensity: 0.15 tCO2e/$MChina Life InsuranceYear: 2024Scope 1: 95,978 tCO2eRevenue: $M 70,185Scope 1 Intensity: 1.37 tCO2e/$MCNP AssurancesYear: 2024Scope 1: 1,753 tCO2eRevenue: $M 4,015Scope 1 Intensity: 0.44 tCO2e/$MPrudential FinancialYear: 2024Scope 1: 13,609 tCO2eRevenue: $M 70,659Scope 1 Intensity: 0.19 tCO2e/$MChina Pacific Insurance GroupYear: 2024Scope 1: 44,275 tCO2eRevenue: $M 55,068Scope 1 Intensity: 0.80 tCO2e/$MJapan Post InsuranceYear: 2024Scope 1: 10,369 tCO2eRevenue: $M 17,934Scope 1 Intensity: 0.58 tCO2e/$MT&D HoldingsYear: 2024Scope 1: 1,653 tCO2eRevenue: $M 15,207Scope 1 Intensity: 0.11 tCO2e/$MDaiichi Life GroupYear: 2024Scope 1: 26,068 tCO2eRevenue: $M 69,256Scope 1 Intensity: 0.38 tCO2e/$M

How does Daiichi Life Group's GHG emissions intensity compare to its peers?

In 2024, Daiichi Life Group reported a Scope 1 emissions intensity of 0.38 tCO₂e per millions USD. Compared to the peer group median of 0.34, this places the company above its industry benchmark, indicating it is less carbon-efficient than most competitors.a

Where does Daiichi Life Group rank on GHG emissions intensity within its industry?

In 2024, Daiichi Life Group ranked 14 out of 25 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e per millions USD).a

Daiichi Life Group is therefore positioned in the mid-range of its industry, neither a clear leader nor a laggard in carbon efficiency.a

Insights into Daiichi Life Group's Total Carbon Footprint

In 2024, Daiichi Life Group reported a total carbon footprint of 27,156,506 metric tons of CO₂ equivalent (tCO₂e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 1.94% increase compared to 2023, suggesting a rise in emissions across its operations or value chain.a

The largest contributor to Daiichi Life Group's total carbon footprint was Scope 3 emissions, accounting for 99.67% of the company's total carbon footprint, followed by Scope 2 emissions at 0.24%.a

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