Tokio Marine adopted an engagement policy requiring high-emissions clients to have decarbonization plans by 2030, though it still permits new oil and gas project insurance. The company needs to rule out fossil fuel expansion immediately.
Tokio Marine
2024 Scorecard on Insurance, Fossil Fuels and the Climate Emergency
Company | Country | chairman | Underwriting | Investment | Renewables : Fossils Premiums (%) | |||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|
Total | Coal | Oil & Gas | Total | Coal | Oil & Gas | |||||||
Tokio Marine | | Satoru Komiya | 1.37 / 10 Rank 15 Total 1.37 / 10 Coal 1.52 / 10 Oil & Gas 1.28 / 10 Total Rank 15 Coal Rank 15 Oil & Gas Rank 14 | 1.52 / 10 Rank 15 | 1.28 / 10 Rank 14 | 2 / 10 Rank 18 Total 2 / 10 Coal 2.5 / 10 Oil & Gas 1.9 / 10 Total Rank 18 Coal Rank 12 Oil & Gas Rank 18 | 2.5 / 10 Rank 12 | 1.9 / 10 Rank 18 | 34:66 |
CHAIRMAN: Satoru Komiya
Underwriting Score
Total
1.37 / 10
Rank 15
Coal
1.52 / 10
Rank 15
Oil & Gas
1.28 / 10
Rank 14
Investment Score
Total
2 / 10
Rank 18
Coal
2.5 / 10
Rank 12
Oil & Gas
1.9 / 10
Rank 18
Rank over time
The companies were ranked from 1 (best) to 30 (worst) based on their scores, companies with the same score were given the same rank. Data was not collected on oil & gas until 2020.
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