Tokio Marine

Industries Insurance
Location Japan
(Along with 43 other companies)
Activism

These companies are committed to leveraging shareholder or investor assets for net-zero emission goals and climate ambitions for GFANZ, Climate Action 100+, CERES, PCAF, UN PRI, NZLA, FIT, or HSCP.

Rating Overview

Risk Rating: Medium

Tokio Marine is Medium Risk.

Tokio Marine is Medium Risk. The company often yields to political activism in shaping corporate governance, potentially alienating consumers, dividing employees, and harming shareholders. Tokio Marine implements race and identity-based policies that replace merit, excellence, and integrity with preferential treatment and outcomes. The company occasionally embraces corporate initiatives that redirect its central focus from business goals to partisan policies and divisive issues at times. This approach fails to safeguard free exercise, free speech, and free enterprise.

Rating Criteria

Corporate Weaponization Risk Levels
Criteria Risk Level
Cancellations Medium Risk
Discriminatory Philanthropy Lower Risk
Employment Protection Medium Risk

Corporate Weaponization

Corporate Governance and Public Policy Risk Levels
Criteria Risk Level
Advocacy Bias High Risk
Funding Lower Risk
Political Actions No Data

Corporate Governance and Public Policy

Rating Criteria Detail

Criteria Risk Level Rationale

Corporate Weaponization


Criteria:

Has canceled customers, suppliers, or vendors due to their political views or religious beliefs OR corporately boycotts, divests, or sanctions regions, people groups, or industries.

Risk Level:

Medium

Rationale:

Tokio Marine is a signatory of the Principles for Responsible Investment, incorporating ESG issues into investment analysis, decision-making, and other business practices (1)(2). However, the company has not publicly canceled customers, suppliers, or vendors based on political views or religious beliefs (3).

Criteria:

Charitable giving (including employee matching programs) policies or practices discriminate against charitable organizations based on views or religious beliefs.

Risk Level:

Lower

Rationale:

Tokio Marine does not appear to discriminate against charitable organizations based on views or beliefs. Tokio Marine’s charitable giving focus areas are education and health (1)(2).

Criteria:

Employment policies fail to protect against viewpoint or other discrimination and/or are ideological in nature.

Risk Level:

Medium

Rationale:

Tokio Marine appears to prioritize diversity over merit in its supply chain. It seeks to “actively increase opportunities for diverse suppliers including certified minority-owned, women-owned and disabled veteran-owned businesses by implementing programs and procedures that seek out and encourage their participation” (1). The company likely provides viewpoint protections for its employees. The company pledges to not discriminate based on “thought” (2).

Corporate Governance and Public Policy


Criteria:

Uses corporate reputation to support causes, organizations, or policies hostile to freedom of expression.

Risk Level:

High

Rationale:

Tokio Marine was part of the Net Zero Asset Managers initiative prior to NZAM’s suspension in 2025. Its membership indicated a commitment to carbon neutrality with its investments by 2050 (1)(2)(3). The company is aligned with the Paris Agreement, which entails a commitment to net zero carbon emissions by 2050 (4). Tokio Marine is a member of the Partnership for Carbon Accounting Financials, committed to net zero carbon emissions by 2050 (5)(6)(7). The company supports DEI within its business practices, stating that its “vision is to foster and maintain a culture of diversity, equity, and inclusion” (8).

Criteria:

Uses corporate funds to advance ideological causes, organizations, or policies hostile to freedom of expression.

Risk Level:

Lower

Rationale:

Tokio Marine has not used corporate funds to advance ideological causes, organizations, or policies (1)(2).

Criteria:

Uses corporate political actions and/or financial contributions for ideological, non-business purposes.

Risk Level:

N/A

Rationale:

Tokio Marine does not operate a PAC or engage in lobbying at this time (1)(2)(3).