In 2024, Japan Post Insurance 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).
Japan Post Insurance has also provided a category-level breakdown for 7 out of 15 Scope 3 emissions categories, offering greater transparency into its value chain emissions.
| Metric (tCO2e) | 2024 | 2023 | 2022 | 2021-2019 |
|---|---|---|---|---|
Total Scope 1 | 10,369.4a | 10,494.2a | 9,108.8a | |
Total Scope 2 | ||||
Unspecified Calculation Method | 11,013a | 11,559.8a | 12,177.1a | |
Total Scope 3 | 9,268.053a | 8,830.856a | 7,813.713a | |
Total Scope 1 Revenue Intensity (tCO2e/$M) | 0.5782a | 0.4508a | 0.319a |
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In 2024, the total operational greenhouse gas (GHG) emissions of Japan Post Insurance amounted to 21,382.4 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 Japan Post Insurance decreased by 3.05%, showing that the company has made progress in taking action to reduce the climate impact of its operations.a
In 2024, the total Scope 1 emissions of Japan Post Insurance were 10,369.4 metric tons of CO₂ equivalent (tCO₂e).a
Since 2019, Japan Post Insurance's Scope 1 emissions have increased by 133.38%, reflecting a rising long-term trend in Scope 1 emissions over time.ab
Compared to the previous year (2023), Japan Post Insurance's Scope 1 emissions decreased by 1.19%, highlighting the company's efforts to lower direct emissions from assets it owns or controls.a
In 2024, Japan Post Insurance reported Scope 2 greenhouse gas (GHG) emissions of 11,013 tCO₂e without specifying the calculation method.a
Since 2019, Japan Post Insurance's Scope 2 greenhouse gas (GHG) emissions (Unspecified Calculation Method) have decreased by 24.03%, reflecting a declining long-term trend in Scope 2 emissions over time.ab
Compared to the previous year (2023), Japan Post Insurance's Scope 2 emissions (Unspecified Calculation Method) have remained relatively stable, indicating that Japan Post Insurance's emissions have plateaued with no significant change in its energy consumption footprint.a
In 2024, Japan Post Insurance reported its Scope 2 emissions using an unspecified methodology.a
In 2024, Japan Post Insurance reported 9,268.053 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 Japan Post Insurance includes a breakdown across 7 of the 15 Scope 3 categories defined by the GHG Protocol, up from 6 in 2023, reflecting improved emissions accounting practices and greater transparency across the company's value chaina
In 2024, Japan Post Insurance reported total Scope 3 emissions of 9,268.053 metric tons of CO₂ equivalent (tCO₂e).a
Approximately 99.11% of these emissions originated from upstream activities such as purchased goods and capital goods, while 0.89% came from downstream activities like product use, distribution, and end-of-life treatment.a
Compared to the previous year (2023), Japan Post Insurance's Scope 3 emissions remained relatively stable, indicating that Japan Post Insurance's emissions have plateaued with no significant change in its value chain footprint.a
In 2024, Japan Post Insurance reported emissions for 7 out of the 15 Scope 3 categories defined by the GHG Protocol.a
This partial disclosure allows for some insight into the company's indirect impacts.
In 2024, the largest contributors to Japan Post Insurance's Scope 3 emissions were:a
In 2024, Japan Post Insurance reported Scope 1 greenhouse gas (GHG) emissions of 10,369.4 tCO₂e and total revenues of USD 17,934 millions. This translates into an emissions intensity of 0.58 tCO₂e per millions USD.a
In 2024, Japan Post Insurance reported a Scope 1 emissions intensity of 0.58 tCO₂e per millions USD. Compared to the peer group median of 0.25, this places the company above its industry benchmark, indicating it is less carbon-efficient than most competitors.a
In 2024, Japan Post Insurance ranked 20 out of 25 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e per millions USD).a
Japan Post Insurance is therefore positioned in the mid-range of its industry, neither a clear leader nor a laggard in carbon efficiency.a
In 2024, Japan Post Insurance reported a total carbon footprint of 30,650.453 metric tons of CO₂ equivalent (tCO₂e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 0.76% decrease compared to 2023, indicating progress in reducing its overall greenhouse gas output.a
The largest contributor to Japan Post Insurance's total carbon footprint was Scope 2 emissions, accounting for 35.93% of the company's total carbon footprint, followed by Scope 1 emissions at 33.83%.a