Aflac, a leading insurance company, has set net-zero targets to reduce its carbon emissions by 2050. The company is actively working towards reducing its greenhouse gas (GHG) emissions across scope 1, scope 2, and scope 3. Aflac Incorporated aims to achieve a 75% reduction in Scope 1 and 2 greenhouse gas emissions from the 2007 baseline by the year 2030. The company also aims to achieve carbon neutrality for Scopes 1, 2, and 3, excluding Category 15, by the year 2040.

Aflac has taken several steps to reduce its emissions and achieve its net-zero targets. The company has invested in renewable energy sources and aims to use only renewable electricity in its owned and controlled facilities by 2030. Aflac Japan, a subsidiary of Aflac, has introduced initiatives such as participating in nature conservation activities and switching all electricity used at Aflac Square to 100% renewable energy. Aflac U.S. has also installed a solar array at its Paul S. Amos campus.

In terms of waste management, Aflac has implemented programs for the collection, reuse, and recycling of unwanted clothing. The company aims to increase the percentage of waste used and recycled, with a target of 89% in 2021. Additionally, Aflac is committed to energy conservation and efficiency, with a focus on increasing renewable energy use and reducing CO2 emissions. Aflac has engaged a third party to review and provide limited assurance on its emissions data. The company is also actively involved in reporting its climate-related metrics and targets through initiatives such as the Task Force on Climate-related Financial Disclosures (TCFD) and the Carbon Disclosure Project (CDP).

In conclusion, Aflac is committed to reducing its GHG emissions and net-zero targets. The company has implemented various initiatives, including investments in renewable energy, waste management programs, and energy conservation measures. By actively monitoring and reporting its emissions data, Aflac aims to achieve its sustainability goals and contribute to a greener future.

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