Sompo International Holdings Ltd., commonly referred to as Sompo, is a leading global provider of insurance and reinsurance solutions. Headquartered in Bermuda, the company operates extensively across North America, Europe, and Asia, delivering a diverse range of services tailored to meet the needs of its clients. Founded in 2017, Sompo has quickly established itself within the insurance industry, focusing on property and casualty insurance, specialty insurance, and reinsurance. Its unique approach combines innovative risk management with a commitment to customer service, setting it apart from competitors. With a strong market position, Sompo has achieved notable milestones, including significant growth in its underwriting capabilities and a robust portfolio of core products. The company’s dedication to excellence and adaptability in a dynamic market continues to drive its success and reputation as a trusted insurance partner.
How does Sompo's carbon action stack up? DitchCarbon scores companies based on their carbon action and commitment to reducing emissions. Read about our methodology to learn more.
Mean score of companies in the Financial Intermediation industry. Comparing a company's score to the industry average can give you a sense of how well the company is doing compared to its peers.
Sompo's score of 30 is higher than 80% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2023, Sompo reported total carbon emissions of approximately 39311000 kg CO2e for Scope 1, 128054000 kg CO2e for Scope 2, and 139511000 kg CO2e for Scope 3 emissions. Notably, the company has shown a trend of decreasing emissions over the years, with Scope 1 emissions decreasing from about 43784000 kg CO2e in 2017 to 39311000 kg CO2e in 2023. Similarly, Scope 2 emissions have reduced from approximately 196233000 kg CO2e in 2017 to 128054000 kg CO2e in 2023, and Scope 3 emissions have decreased from about 172753000 kg CO2e in 2017 to 139511000 kg CO2e in 2023. Despite these reductions, Sompo has not publicly committed to specific science-based targets or reduction initiatives. The company continues to monitor and report its emissions across all three scopes, demonstrating a commitment to transparency in its climate impact.
Access structured emissions data, company-specific emission factors, and source documents
2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|---|---|
Scope 1 | 43,784,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
Scope 2 | 196,233,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 |
Scope 3 | 172,753,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 |
Companies disclose and commit to reducing emissions to show they are serious about reducing emissions impact over time. They can also help a company track its progress over time.
Sompo is not committed to any reduction initiatives we track. This may change over time as the company engages with new initiatives or updates its commitments. DitchCarbon will update this information as it becomes available.