Participation in External Initiatives

Through joining initiatives related to sustainability within and outside Japan, we are promoting initiatives for realizing a sustainable society.

Sustainability Accounting Standards Board (SASB)

In order to deepen understanding of Dai-ichi Life Group's business sustainability, we publish sustainability indicators specific to the insurance industry based on the insurance standards of the Sustainability Accounting Standards Board (SASB).

The United Nations Global Compact (UNGC)

The United Nations Global Compact is an initiative which encourages participating companies to behave as good members of society, aiming to achieve sustainable growth. It comprises 10 principles on human rights, labour, the environment, and anti-corruption.
The intent of the principles coincides with the Dai-ichi Life Group's sustainability approach and Dai-ichi Life Group Code of Conduct. Therefore, Dai-ichi Life Holdings signed it and expresses our support for the UNGC since May 2014.

International Corporate Governance Network (ICGN)

ICGN was established in 1995 with the aim of promoting the development of efficient markets and sustainable economies around the world through improving the effective standards of corporate governance and investor stewardship. Dai-ichi Life, the core company of the group, has been a member since September 2019. In addition to further enhancing stewardship activities, as a "responsible institutional investor," we are working to promote the enhancement of corporate value of investees and solve social issues.

Women's Empowerment Principles (WEPs)

The Women's Empowerment Principles (WEPs) are a set of principles of corporate behavior created jointly by UN Women, a UN organization working for gender equality and women's empowerment, and the UNGC. The WEPs specify the development of labour and social environments in which women are able to fulfill their potential and improve their abilities, with their efforts fairly appraised. Dai-ichi Life Holdings endorsed the principles and signed a Statement of Support for the Women's Empowerment Principles in December 2012.

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30% Club Japan

The mission of "30% Club Japan" is to make the top management of the company a member, promote the efforts on their own initiative, and contribute to a prosperous society in which men and women participate equally. This initiative states that a sound gender balance in corporate decision-making bodies such as the board of directors will contribute not only to strengthening corporate governance, but also to promoting sustainable growth, improving international competitiveness, and eventually building a sustainable Japanese society. Dai-ichi Life Holdings agrees with this purpose and joined in December 2019.

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Principles for Financial Action Towards a Sustainable Society (Principles for Financial Action for the 21st Century)

The Principles for Financial Action for the 21st Century provide action guidelines for the overall CSR of financial institutions wishing to play a role and take responsibilities necessary for the formation of a sustainable society. Dai-ichi Life participated in the development of the principles as a member of the draft committee and signed up in November 2011. In addition, Neo First Life endorsed and signed the principles.

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The United Nations Principles for Responsible Investment (PRI)

The United Nations Principles for Responsible Investment (PRI) is an initiative that advocates the incorporation of Environmental, Society and Governance (ESG) issues by institutional investors into their investment decision-making process with a view to realizing a sustainable society.
In the Dai-ichi Life Group, two companies (Dai-ichi Life, Dai-ichi Frontier Life, and Asset Management One) endorsed and signed the principles.

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The United Nations Environment Programme Finance Initiative (UNEP FI)

The United Nations Environment Programme Finance Initiative (UNEP FI) is an international network of financial institutions aiming at sustainable development that comprises financial institutions. It seeks to achieve economic development and sustainable development where the environment and sustainability are compatible, and promotes various business operations and services of financial institutions that take such aim into account. In the Dai-ichi Life Group, TAL endorsed the initiative and signed the Principles for Sustainable Insurance (PSI) of this initiative.

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Principles for Sustainable Insurance (PSI)

The Principles for Sustainable Insurance (PSI) declare that insurance companies will consider ESG issues in their business operations and were established by the United Nations Environment Programme Finance Initiative (UNEP FI) in June 2012. In the Dai-ichi Life Group, TAL endorsed and signed the principles.

Access to Medicine Foundation

The Access to Medicine Foundation (the "Foundation") is an independent non-profit organization based in the Netherlands whose mission is to stimulate and guide pharmaceutical companies to improve access to medicine in low- and middle-income countries. It comprehensively evaluates 20 of the world's largest pharmaceutical companies and publishes its findings in the form of the Access to Medicine Index.
Through the Foundation's investor statement, investors commit to reflect the Access to Medicine Index in their investment decisions and encourage pharmaceutical companies to take action to improve access to medicine. Dai-ichi Life endorsed and signed the investor statement as the first Japanese life insurance company in September 2018.

The Tobacco-Free Finance Pledge

Tobacco-Free Finance Pledge is an initiative funded by Tobacco Free Portfolios and developed in collaboration with UNEP FI, PSI, PRI, AXA, BNP Paribas, Natixis, and AMP Capital. Within the Dai-ichi Life Group, TAL agrees and signs the purpose.

Japan Stewardship Initiative

This initiative was established in 2019 with the aim of deepening and enhancing stewardship activities by examining countermeasures for practical issues of stewardship activities and sharing best practices. Dai-ichi Life, the core company of the group, has been participating as a steering committee member since 2019.

Institutional Investor Collective Engagement Forum

It is a general incorporated association established for the purpose of supporting constructive "purposeful dialogue" with companies that institutional investors collaborate with to contribute to the appropriate stewardship activities of institutional investors. Dai-ichi Life, the core company of the group, participated in March 2020.

Climate change initiatives

Task Force on Climate-related Financial Disclosures

A task force established by the Financial Stability Board (FSB) in 2015 at the request of the G20. It identifies opportunities and risks associated with climate change and publishes recommendations to encourage information disclosure. The company announced its support in September 2018 and has been disclosing information based on the TCFD recommendations since 2019.

RE100

Established in 2014 with the goal of procuring 100% renewable energy for electricity consumed in business activities, it is operated in collaboration with the Climate Group, an international environmental NGO, and the Carbon Disclosure Project. It is an initiative in which more than 190 major companies around the world are members, and Dai-ichi Life, the core company of the group, participated in August 2019.

Climate Action 100+

An institutional investor initiative established in 2017 for the purpose of conducting constructive dialogue with companies that emit a large amount of greenhouse gases on efforts to reduce emissions and disclosure of information. Dai-ichi Life, the core company of the group, and Dai-ichi Frontier Life participated in August 2019.

THE NET-ZERO ASSET OWNER ALLIANCE

Established in 2019, it is an international initiative for institutional investors to move to a portfolio with virtually zero greenhouse gas emissions by 2050. Dai-ichi Life, the core company of the group, participated in February 2021. We also participate in the Working Track as a member.

THE GLASGOW FINANCIAL ALLIANCE FOR NET-ZERO (GFANZ)

Established in 2021, it is a strategic forum that aims to decarbonize the entire financial industry by integrating the efforts of the Greenhouse Gas Emissions Net Zero Initiative in the financial industry. In April 2021, Dai-ichi Life, the core company of the group, participated in a group of 18 companies, the CEO Principal Group, which plays a leading role in GFANZ, on behalf of Asia.

Taskforce on Nature-related Financial Disclosures (TNFD) Forum

TNFD is an international initiative, conceived at the 2019 World Economic Forum at Davos and officially launched in June 2021, that aims to establish a disclosure framework for nature-related risks.
Dai-ichi Life Holdings endorses the principles of the TNFD and has joined the TNFD Forum in October 2022 to support its activities.

External dialogue on sustainability

CDP

CDP is a not-for-profit charity that runs the global disclosure system for investors, companies, cities, states and regions to manage their environmental impacts.
We have received an A- rating in CDP 2023 (Climate Change).