Proactive implementation and diffusion of net-zero carbon emissions technologies
Nippon Life Insurance Company
Outline
Reduce CO2 emissions generated by business activities of approximately 180,000 tons by 80% by 2050, and aim to achieve net-zero emissions as early as possible from 2050.
For vehicles used in business activities (approx. 40,000 units), EVs and PHVs will be phased in.
Regarding the use of electricity, in addition to energy conservation efforts, we will start procurement of green power, promotion of ZEB-Ready at sales offices, and creation of CO2-free electricity by installing solar panels and storage batteries as early as possible.
We will work with related companies to implement these initiatives in society.
Description
Reduce approximately 180,000 tons of CO2* emitted by Nippon Life's business activities by 80% by 2050. The goal is to achieve net-zero CO2 emissions as soon as possible after 2050.
* Scope 1: Direct emissions from in-house fuel use, etc. Approx. 34,000 tons
Scope 2: Indirect emissions from the use of electricity purchased in-house Approx. 72,000 tons
Scope 3: Non-company indirect emissions in the supply chain Approx. 73,000 tons
Scope 1 (gasoline, etc. associated with automobile use)
At present, mainly hybrid vehicles are used for company cars, but by 2030, the company will promote the conversion of company cars to EVs and PHVs and reduce the number of cars by taking advantage of car sharing.
Scope 2 (electricity use)
Energy-saving measures in existing buildings include the use of LED lighting and introduction of high-energy-efficiency equipment, in addition to reducing lighting. In the future, we will strive to construct buildings while taking the latest environmental performance into account with every new building that we construct.
In addition, although implementation has already begun, newly constructed sales offices being built as a result of aging buildings will promote ZEB-Ready (BELS's highest rank), and we will work toward the early realization of ZEB by installing solar panels and storage batteries. We will also promote energy conservation through employee work style reforms.
Scope 3
We have been gradually going paperless for insurance applications and maintenance procedures. We will work on reducing paper consumption significantly, and have been providing detailed information such as Policy Clause—Bylaws/Terms and Conditions on our official website since October 2019, instead of handing out paper copies as we previously did at the time of application.
Our company also wishes to pass on the irreplaceable global environment to future generations, and we launched a forestation project with the Nissay Green Foundation in 1992. We have planted more than 1.36 million seedlings so far and Nissay Forest is being operated at 200 sites in 46 prefectures. The CO2 absorption and fixation effect of Nissay Forests was 1,684 tons (2018).
In carrying out the above initiatives, we will jointly implement innovation initiatives with related companies.We will work on the social implementation and popularization of new technologies.
Other Innovation Challenges
Supporting development and dissemination of net-zero emissions technologies by incorporating perspectives of decarbonization into all assets under management
Nippon Life Insurance Company
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