Energy / Climate Change

December 30, 2013


Nipponkoa Insurance Achieves Carbon Neutrality in FY2012

Keywords: Non-manufacturing industry Renewable Energy 

CO2_Emissions_and_Reduction_ResultsCopyright Nipponkoa Insurance Co. All Rights Reserved.

The Nipponkoa Insurance Co. announced on August 2, 2013, that it achieved carbon neutrality for FY2012 by offsetting the entire amount of CO2 emissions produced through all its business activities that fiscal year. This is the first time in the industry that a company in Japan has achieved carbon neutrality for all CO2 emissions produced through its business activities, including employee commuting and logistics.

This initiative was implemented in accordance with the Carbon Neutral Declaration issued by the company in July 2008. Calculated using the electricity emission factor from FY2006 figures, a real reduction in CO2 emissions of 20.3 percent was achieved through Nipponkoa's own in-house efforts, and the company was able to achieve carbon neutrality by offsetting 50,000 tons of CO2, but producing only 46,964 tons through all its business activities.

The credits used for the offsetting included a wind power project in northwest India and a reconstruction project involving the recycling of debris and rubble from the Great East Japan Earthquake in the coastal area of Iwate Prefecture. Nipponkoa also intends to strive for carbon neutrality in its new merger company, NKSJ Holdings, Inc., to be formed in September 2014.


Our Supporters

1% for the Planet Banner