Climate Change Mitigation | Corporate Information

Climate Change Mitigation

For the transition a decarbonized society

The global climate change occurring in many parts of the world today is mainly caused by an increase in atmospheric concentrations of CO2 and other greenhouse gases emitted by our daily lives and economic activities, leading to a rise in temperature. There is a need for a social shift to economic development that does not involve increased greenhouse gas emissions, such as the innovative efficiency of energy use, the use of renewable energy, and the expansion of greenhouse gas absorption. Through the provision of insurance and consulting services, we will support the development and implementation of technologies that will contribute to a decarbonized society, thereby supporting the mitigation of climate change.

Green Products

We provide environmentally friendly products and services to support decarbonization efforts to realize a carbon-neutral society.

Comprehensive coverage plan for mega-solar power generation plants

A combination plan of insurance and derivatives based on comprehensive risk analysis of the environment surrounding operators of large solar-power stations. It offers well-thought-out total coverage to meet customers’ needs.

Comprehensive coverage for offshore wind power generation systems

Against the risks posed to operators of offshore windfarms during the construction and operation of the facilities, we provide a comprehensive insurance package against property damage, loss of profits, and liability. We also support activities to reduce risks surrounding offshore wind power generation.

Comprehensive small wind power coverage plan

As the introduction of small wind power generation is expected to gain momentum, we offer comprehensive compensation coverage for property damage and liability risks related to its operation.

Comprehensive coverage plan for geothermal power generation facilities

A compensation plan that extensively covers the risks posed to operators of geothermal power generation facilities, including property damage, loss of profits, and liability. We undertake these risks separately according to the customer’s needs.

Carbon neutral support clause for corporate property insurance

A special clause in corporate property insurance covers extra costs for introducing devices that reduce greenhouse gas emissions when repairing damaged buildings.

EV charging equipment damage coverage special clause

A special agreement to boost the spread of electric vehicles (EVs). It compensates for damage to EV charging facilities and replacement charging costs incurred while the damaged EV charging facilities are unavailable.

Insurance for sympathy money payment by PPA operators to neighborhood victims

In case damage to solar power generation equipment built and managed by PPA (Power Purchase Agreement) business operators causes collateral damage to the properties of neighboring residents and companies, the insurance covers expenses such as sympathy money even if the operators are not liable for compensation.

Imbalance risk compensation insurance

Covers losses sustained by renewable energy producers, etc., from an imbalance between their generation plans and actual amounts of generated energy due to climatic changes.

Related Services

Services to support the decarbonization of small and medium-sized companies

We provide individual advice and hold seminars to discuss the meaning and process of decarbonization for small and medium-sized companies, explain SBT(※), and illustrate the benefit of obtaining SBT.

Service to support installing solar panels and storage batteries in private housing

This plan allows private residences to introduce solar power generation systems without initial cost. Ownership is transferred without compensation after the lease (10 or 15 years) expires. We offer advice on maximizing the system's benefits during a power outage due to a natural disaster.

（※）Science Based Targets. Targets for greenhouse gas emissions reduction that meets the standard set by the Paris Agreement.

MS&AD InterRisk Research & Consulting

Consulting Service on Carbon Neutral Support

MS&AD InterRisk Research & Consulting of the MS&AD Group company, offers a one-stop support platform, including calculating greenhouse gas emissions, formulating greenhouse gas reduction plans, introducing renewable energy and energy conservation measures, and credit creation to help our customers’ decarbonization efforts.

CO2 simple calculation service

MS&AD InterRisk Research & Consulting provide our customers with a tool to calculate emissions amount to support their efforts toward carbon neutralization. They offer advice on its usage and calculation results.

Carbon neutral support

MS&AD InterRisk Research & Consulting provide all kinds of support in a one-stop package for businesses of any size in any industry. This support ranges from introductory seminars on decarbonization, to support for calculating carbon emissions, and developing strategies to cut emissions

Investment and Finance

We move toward the future with every investee company based on a deep understanding of their activities.

Impact investments

We aim to generate a positive and measurable impact on the environment and society while also achieving economic returns. With three other MS&AD Group companies(※1), we invested in an overseas impact fund (150 million dollars as of the end of March 2023) through an exclusive vehicle operated by LGT Capital Partners Ltd., with which we have a close relationship. In Japan, we invest in impact funds focused on the environment to support startup enterprises with environment-friendly technology.

(※1) Aioi Nissay Dowa Insurance, Mitsui Sumitomo Aioi Life Insurance,Mitsui Sumitomo Primary Life Insurance

Renewable energy project investments and finance

Since 2016, we have been investing in and providing loans to renewable energy projects, including solar and wind power generation, and the balance reached roughly 30 billion yen by the end of FY 2022. We are also lenders to overseas projects since FY 2022. We will continue to promote the spread of renewable energy.

Dialogue with investee companies

We have signed Japan’s Stewardship Code and are engaged in dialogues with investee companies on climate change. We believe that efforts toward a net-zero society will enhance the medium and long-term corporate value of the companies and continue to have candid discussions on the progress and challenges in their transition.

Japan’s Stewardship Code

Collaboration with our investment management partner

We factor ESG into the management guidelines of our investment fund managed by Guggenheim Partners Investment Management, which plays the central role in managing our investments in overseas corporate bonds. We will review the guidelines regularly to continue making investments mindful of ESG.

MS&AD Holdings

Climate / Nature-Related Financial Disclosure
—TCFD・TNFD Report—

MS&AD Holdings

MS&AD Green Earth Project