Basic Policy on Responsible Investment

Our Vision

Since its founding, Dai-ichi Life, the core company of the Dai-ichi Life Group, has upheld the mission of being a "By your side, for life." and recognizes that in addition to staying close to customers throughout their lives through life insurance products and services, its mission is to support customers' lives through asset management as well. Under these circumstances, we have been promoting responsible investment (ESG investment and stewardship activities) as one of our key initiatives in asset management, aiming to achieve medium- to long-term investment returns and realize a sustainable society.
In April 2022, we formulated the "Basic Policy on Responsible Investment" and the "Medium-term Responsible Investment Policy" which is our goal by the end of fiscal 2024.
Also, based on "Basic Policy on Responsible Investment", Dai-ichi Life set up 'Policy on Transition Finance' in September 2022.
In addition to this, we have established the "Responsible Investment Policy for FY2023" as a single-year target based on the "Medium-term Responsible Investment Policy".
As a "universal owner" that manages funds entrusted by customers throughout Japan in a wide range of assets, Dai-ichi life has faced the social issues of each era and contributed to the growth of the Japanese economy through the provision of long-term funds. Dai-ichi life will continue to contribute to the realization of a sustainable society by vigorously promoting responsible investment aimed at solving social issues in accordance with our "Basic Policy on Responsible Investment" and "Medium-term Responsible Investment Policy".

Basic Policy on Responsible Investment (211KB) PDF
Medium-term Responsible Investment Policy (through FY2024) (559KB) PDF
Policy on Transition Finance (397KB) PDF
Policy for Responsible Investment Initiatives in FY2023(Japanese Only) (634KB) PDF

For more information on Dai-ichi Life's initiatives and promotion system for responsible investment, please refer to the following links.

Responsible Investment Policy Open a page in another window.
Responsible Investment Report Open a page in another window.

Approach to ESG Integration

We optimally integrate ESG factors into each asset according to asset liquidity and characteristics, and then appropriately reflects in investment decision.

Approach to ESG Integration

Emission Reduction Targets

Dai-ichi Life, the core company of the Dai-ichi Life Group, has positioned the resolution of climate change issues as the most important issue for responsible investment, and in February 2021 became the first company in Japan to join the "Net Zero Asset Owner Alliance".(*) Furthermore, the company has made an external commitment to transition to a carbon-neutral investment portfolio by 2050.
Dai-ichi life has set a target of reducing GHG emissions in our listed equity, corporate bond, and real estate portfolios by 25% by 2025 (compared to March 31, 2020), and are analyzing the status of GHG emissions in our portfolio based on TCFD recommendations.
This reduction target is an interim target for assets for which target setting is recommended in the target setting protocol of the Net Zero Asset Owner Alliance, of which Dai-ichi Life is a member. The Alliance, through its analysis of climate change scenarios, has established a range of interim reduction targets for 2025 along the 2050 net-zero pathway, and since our targets are within this range, we believe that our target levels are scientifically sound.
Also, in listed equities, corporate bonds, real estate, and loan portfolios,Dai-ichi Life set up its interim target for investment portfolio to reduce 50% of its GHG emissions by 2030 (compared to 2020).

  • (*)
    We pay an annual membership fee of 20,000 euros.