MS& Insurance : ESG Data Book 2025

MS&AD ESG Data Book 2025 ESG Data / Reference Material

The following are the materials and data about sustainability approaches of the MS&AD Insurance Group.

• Subject period:

  FY2024 (April 1, 2024 - March 31, 2025) For Overseas insurance subsidiaries, FY2024 (Jan 1, 2024 - Dec 31, 2024)

• Subject organizations and data coverage:

Company name	abbreviation MSI	Group Domestic (Domestic consolidated subsidiaries)		Consolidated (MS&AD Group total)
		Subject ○	Employee-based coverage 72.9%	Subject ○	Employee-based coverage 100%
Mitsui Sumitomo Insurance Co., Ltd.
Aioi Nissay Dowa Insurance Co., Ltd.	ADI	○		○
Mitsui Direct General Insurance Co., Ltd.	Mitsui Direct General	○		○
Mitsui Sumitomo Aioi Life Insurance Co., Ltd.	MSI Aioi Life	○		○
Mitsui Sumitomo Primary Life Insurance Co., Ltd.	MSI Primary Life	○		○
MS&AD Holdings	MS&AD Holdings	○		○
Overseas insurance subsidiaries	Overseas			○
Other *	Other			○

* Domestic group companies operating such as risk-related services

Third-Party Assurance

Since 2015, the MS&AD Insurance Group has engaged KPMG AZSA Sustainability Co., Ltd. to perform assurance of selected environmental and social data in order to assure credibility of reported figures.

Sustainability Website ESG Data / Reference Material

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Targets (KPI) and Results

Key Performance Indicators (KPI) in the Medium-Term Management Plan to Promote Our Sustainability Initiatives

Materiality

Metrics

Group Targets

FY2022

FY2023

FY2024

Achievement Achievement Achievement

KPI

Planetary Health	GHG emissions reduction rate (Scope 1 + 2)	FY2030 ▲50% vs FY2019 FY2050 Net Zero		▲26.8%	▲35.3%	▲40.0%
	GHG emissions reduction rate (Scope 3)	FY2030 ▲50% vs FY2019 Category: 1, 3, 5, 6, 7, 13 *1 FY2050 Net Zero Category: All Categories		▲26.9%	▲24.8%	▲26.9%
		Underwriting/ Investments	FY2030 ▲37% ((Base year: FY2019) (Key Jpanese domestic corporate clients))*2	▲18.3%	-	-
			We, through engagement with clients, share challenges they have in reducing GHG emissions. We work together with them towards reduction of GHG emissions with solution proposals.	204 clients *3		-
	Renewable energy usage rate	FY2030 60% FY2050 100%		21.1% *4	23.0%	27.0%
	Premium growth rate of products which contribute to decarbonization and circular economy	FY2025 Annual average of 18 %		17.9%	24.5%	20.6%
Resilience (Resilience)	Rate of increase in the number of underwritten policies for products which help improve the resilience of society	FY2025 Annual average of 20%		29.4%	17.6%	25.0%
	Instances of support for the resolution of issues faced by regional companies (Consulting services, training/ seminars)	FY2025 10,000 instances a year		12,349 instances	11,892 instances	11,091 instances
Well-being	Number of policies in force for products which help solve health-related social issues	FY 2025 2.6 million		2.17 million	2.22 million	2.25 million
	Number of policies in force for asset-building products to support longevity	FY2025 0.1 million		0.05 million	0.07 million	0.12 million
	Instances of support for action by companies to address human rights (Consulting services, training/seminars)	FY2025 1,000 instances a year		1,111 instances	1,047 instances	1,111 instances

*1: Category 1: Purchased products and services (Subject: Paper and mail), 3: Fuel- and energy-related activities not included in Scope 1 or Scope 2, 5: Waste generated in operations, 6: Business travel, 7: Employee commuting, 13: Downstream leased

*2: The calculation targets are key Japanese domestic corporate clients selected based on insurance premiums (approximately 3,300 companies, which account for about 50% of the underwriting portfolio on a premium basis). Calculated based on the PCAF's (Partnership for Carbon Accounting Financials) GHG Measurement Standards for Financial Institutions (as of the end of March 2023). The measurement target categories for underwriting are automobile insurance, fire insurance, casualty insurance (excluding construction insurance), cargo insurance, marine insurance, and aviation insurance, with the GHG emissions of key Japanese domestic corporate clients calculated. The measurement target assets for investments and loans include domestic listed stocks, corporate bonds, and corporate loans, with the GHG emissions of all targets with investments and loans among key Japanese domestic corporate clients calculated.

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*3: Total by end of October 2024

*4: Correction made on August, 2023 Before correctio: 24.1% After correction: 21.1%

KPI

Target Year

Target

FY2022

Achievement

FY2023

Achievement

FY2024

Achievement

Human Assets KPIs

Percentage of female managers	FY 2030	30%	19.5%	21.6%	23.8%
Percentage of female line managers	FY 2030	15%	12.9%	18.4%	21.3%
Digital human resources	FY 2025	7,000 people	3,601 people	5,814 people	8,490 people
Employees for international business	FY 2025	1,200 people	1,182 people	1,189 people	1,243 people
Percentage of productivity improvement personnel expenses (MSI, ADI)	FY 2025	8.50%	9.2%	9.2%	8.6%
Percentage of people who exercise regularly	FY 2025	Current level or higher	26.5%	27.8%	29.0%
Percentage of male employees taking childcare leave	FY 2025	100%	92.5%	89.9%	93.2%
Duration of male employees taking childcare leave	FY 2025	4 weeks	8.1 days	12.1 days	13.1 days
Number of annual paid holidays taken	FY 2025	Equal to or greater than the previous year	16.4 days	16.5 days	16.9 days
Percentage of experienced hires among managerial staff	FY 2025	Current level or higher	22.6%	23.0%	24.5%
Percentage of employees hired locally overseas appointed as executives of overseas subsidiaries	FY 2025	Current level or higher	83.0%	83.2%	78.9%
Employee Awareness Survey	Sense of helping to create shared value (CSV)	Equal to or greater than the previous year	4.5 points	4.5 points	4.5 points
	Constant awareness of MVV		4.6 points	4.6 points	4.7 points
	Pride in work, job satisfaction		4.4 points	4.4 points	4.4 points
	Active participation		4.6 points	4.7 points	4.7 points

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ISO 26000 Core Subjects (Organizational Governance) Corporate Governance

Following approval at the 17th Annual Shareholders Meeting held on June 23, 2025, MS&AD Insurance Group Holdings transitioned from a Company with an Audit & Supervisory Board to a Company with an Audit and Supervisory Committee. Through this change in governance structure, the Company aims to strengthen the supervisory and checking functions of its Board of Directors, enhance the objectivity of management decisions, and facilitate swifter decision-making and business execution. In addition, the Company is working to further enhance its governance through proactive information disclosure.

Directors (as of 23 June 2025)

Chairperson of the Board	Chairman (except holding concurrent post of President)
Number of Directors	13 (*1)
Number of Outside Directors	7 (*2)
Number of independent Directors	7 (*3)
Number and ratio of women at the Board of Directors	4 / 30.8%

(*1) Board members average tenure 3.8years (*2) Outside directors average tenure 3.4years

(*3) The number of outside directors with relevant work experience in our company's sector: 1

Corporate Auditors (as of 23 June 2025)

Number of Directors Who Are Audit and Supervisory Committee Members	3
Number of Full-time Directors Who Are Audit and Supervisory Committee Members	1
Number of Outside Directors Who Are Audit and Supervisory Committee Members	2
Number of independent Directors Who Are Audit and Supervisory Committee Members	2
Number and ratio of women in Directors Who Are Audit and Supervisory Committee Members	1 / 33.3%

Nomination and Remuneration Detailed Information

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