Potential offtaker

Tokio Marine Holdings, Inc.

www.tokiomarinehd.com

Estimated electricity consumption

N/A

Countries of production presence

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Tokio Marine Holdings, Inc. is a leading insurance company based in Japan that operates in the Property and Casualty (P&C) insurance sector. The company has a strong presence in Japan and operates in various other countries, including the United States, Europe, and Asia. Tokio Marine Holdings, Inc. is committed to sustainability and has taken various initiatives to reduce its carbon footprint and promote renewable energy.

Decarbonisation is a key focus area for Tokio Marine Holdings, Inc. The company recognizes the urgent need to reduce greenhouse gas emissions and mitigate the impacts of climate change. To this end, Tokio Marine Holdings, Inc. has set a target to reduce its carbon footprint by 30% by 2030, compared to its 2013 baseline. The company is also a signatory of the United Nations Global Compact and supports the Paris Agreement on climate change.

Corporate energy is another area of focus for Tokio Marine Holdings, Inc. The company is committed to reducing its energy consumption and promoting energy efficiency. To this end, Tokio Marine Holdings, Inc. has implemented various measures, such as the installation of energy-efficient lighting and HVAC systems, and the use of renewable energy sources. The company has also implemented a corporate energy management system to monitor and optimize its energy consumption.

Corporate power purchase agreements (PPAs) are an important tool for companies to promote renewable energy. Tokio Marine Holdings, Inc. has signed several corporate PPAs to support the development of renewable energy projects. In 2019, the company signed a PPA with a solar power plant in Miyagi Prefecture, Japan, to purchase 2,000 MWh of electricity per year. This PPA will help the solar power plant to secure financing and promote the development of renewable energy in Japan.

Renewable energy is a key focus area for Tokio Marine Holdings, Inc. The company recognizes the importance of transitioning to a low-carbon economy and promoting renewable energy sources. To this end, Tokio Marine Holdings, Inc. has invested in various renewable energy projects, such as wind and solar power plants. The company has also implemented measures to promote renewable energy, such as offering insurance products for renewable energy projects and supporting the development of renewable energy infrastructure.

In addition to its focus on sustainability and renewable energy, Tokio Marine Holdings, Inc. is committed to promoting diversity and inclusion. The company has implemented various initiatives to promote diversity, such as the establishment of a diversity promotion office and the implementation of diversity training programs. Tokio Marine Holdings, Inc. also supports various social initiatives, such as disaster relief efforts and community development projects.

In conclusion, Tokio Marine Holdings, Inc. is a leading insurance company based in Japan that operates in the P&C insurance sector. The company is committed to sustainability and has taken various initiatives to reduce its carbon footprint and promote renewable energy. Tokio Marine Holdings, Inc. recognizes the urgent need to transition to a low-carbon economy and mitigate the impacts of climate change. The company has set a target to reduce its carbon footprint by 30% by 2030 and has signed several corporate PPAs to support the development of renewable energy projects. Tokio Marine Holdings, Inc. is a leader in promoting sustainability and renewable energy in the insurance industry and is committed to making a positive impact on society and the environment.

✓ Science Based Targets member
✓ Declared Net Zero commitment