Sustainability Special Report
Feature 1Quantification of Social Value
Tokio Marine Group strives to quantitatively visualize the social value it provides to society and customers through its business. We will conduct business while being conscious of both the social value we offer and the economic value that can be improved by contributing to society and customers. Through these activities, we aim to work with various stakeholders toward this value expansion and growth.
Significance of Quantification of Social Value
Our social value has been identified in the areas such as “preventing personal damage,” “preventing damage to buildings, facilities and properties” as well as “business continuity and swift recovery.” We believe that conducting business with those value in mind will lead to further growth in the quality and quantity of solving societal challenges through our business, thereby increasing our economic value and, by extension, our corporate value.
Quantification of Social Value in the Disaster Resilience Field
In fiscal 2024, we worked with external specialists to consider how to quantitatively visualize the social value of insurance and solutions that are linked to disaster resilience. We aim to not only pay insurance claims in the event of an emergency but also transform into a company that supports its customers at all times. We will achieve this by providing peace of mind before and after a disaster, such as preventing accidents, reducing damages when a disaster occurs, supporting the swift recovery and preventing the recurrence.
Quantifying Social Value: Image of Quantification
![Loss prevention service: By providing clients with solutions for accident prevention and reduction, we create social value such as “prevention of property and personal damage” and “swift recovery of business operations” in the event of a disaster. [Role of the loss prevention service (hereinafter “LP”): Companies face risks such as property and personal damage during disasters. When a disaster occurs, it leads to property and personal damage, and business interruptions. LP helps prevent property and personal damage, and contribute to the swift recovery of business operations.] [Social value provided by LP and how it is quantified: Prevention of property damage: Number of clients using the service × Probability of being affected by disasters × Probability of preventing damage through LP × Average total value of corporate property. Prevention of personal damage: Number of clients’ employees using the service × Probability of being affected by disasters × Probability of preventing damage through LP × Average medical expense for injuries.]](/en/sustainability/featuredarticles/images/img-index.png)
Feature 2Supporting the Transition to Net Zero through Customer Engagement
An Example of Engagement Implemented by Tokio Marine & Nichido
Tokio Marine & Nichido, a major domestic company, provides insurance products and solutions to help customers transition to carbon neutrality through in-depth dialogue with customers and investment and financing recipients to achieve net zero emissions by 2050. In the following example, Tokio Marine & Nichido supports a customer’s transition to net zero through engagement.
![Target Logistics Company A (Tokyo Stock Exchange Prime Market) [Level 1. Identify issues] Engage with the customer to support their decarbonization: Following an increase in demand from stakeholders, the company identified the need to increase the sophistication of decarbonization-based management (e.g., improving information disclosure based on the TCFD recommendations and setting quantitative targets). [Level 2. Proposal based on identified issues] Specify milestones and priorities for decarbonization (e.g., setting quantitative targets) and propose accompanying support through a consulting service designed for achieving them. [Level 3. Provide insurance and related solutions] Solutions offered by Tokio Marine & Nichido: 1.Hold ESG workshops for the management team. 2.Prioritize areas of action in the sustainability area through the analysis of competitors. 3.Support the sophistication of information disclosure based on the TCFD recommendations. Customer’s actions toward decarbonization:Set goal for net zero by 2050. Set GHG emission reduction targets not only in terms of intensity but also in absolute terms. Developed internal carbon pricing (ICP) and incorporated decarbonization perspective into the decision making criteria for mergers & acquisitions and capital investments. Currently providing support to establish a transition plan for 2050 net zero in addition to the above services](/en/sustainability/featuredarticles/images/img-index-2.png)
Feature 3Conservation of Natural Capital and Biodiversity through Our Business
Tokio Marine Group prioritizes the protection of the natural environment as a material issue and practices harmonizing with the Earth’s environment and conducting environmentally considerate business activities. We have established our Basic Policy on the Environment and Responsible Procurement Guidelines to engage in the conservation of natural capital and biodiversity through our business. Protecting the Earth’s environment requires not only addressing climate change but also halting the loss of biodiversity and achieving nature positive outcomes to restore nature. We will continue to address this as a critical issue, with an unified Company-wide effort.
Conservation of Natural Capital and Biodiversity through Our Business
We have been advancing efforts to conserve natural capital and biodiversity through environmental protection activities, such as mangrove reforestation. We will continue to contribute to building a society that coexists in harmony with nature by developing and providing insurance products and services as well as through investments and financing that address nature-related issues.
![[Analysis of the relationship between our business and nature (dependence and impact) Assessment of risks and opportunities] Insurance products and services ・Green Gift Project ・Development of cargo insurance to reduce food waste ・Recovery and reuse of auto parts, etc. Investment and financing ・Investment in forest funds, agricultural investment strategy funds, etc. (Group insurance companies) ・Nature-related engagement dialogues (Asset manager) Corporate citizenship activities ・Mangrove reforestation ・Eelgrass bed conservation and restoration ・Collaborative afforestation efforts in Kochi Prefecture ・PHLY 80K Trees Initiative Risk consulting services ・Soil purification measures and consulting ・TNFD compliance support services for companies ・Nature-positive management support services, etc.](/en/sustainability/featuredarticles/images/img-index-3.png)
Group-wide campaign “Future Generations Month” in November
To more effectively promote our initiatives for future generations globally, we have designated November, the month of World Children's Day, as our "Future Generations Month." Our aim is to expand and accelerate the global uptake of initiatives that contribute to our overall objective of leaving behind a brighter future for the next generations.
Sustainability Reports & Publications
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Sustainability Booklet
Learn more about our Group's sustainability strategy and latest initiatives across material issues.
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TCFD Report
Learn more about our climate change initiatives in line with the TCFD recommendations.
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Sustainability Report
Learn more about our sustainability initiatives driven by our purpose.
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TNFD Report
Learn more about our biodiversity initiatives in line with the TNFD recommendations.
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Human Capital Report
Learn more about our approach and initiatives to maximize people's capabilities.