Sompo
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.
DitchCarbon Score
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.
Industry Average
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.
Industry Benchmark
Sompo's score of 36 is higher than 86% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Sompo's reported carbon emissions
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. Over the years, the company has shown a trend of decreasing emissions across all scopes. For instance, Scope 1 emissions decreased from about 43784000 kg CO2e in 2017 to 39311000 kg CO2e in 2023. Similarly, Scope 2 emissions fell from approximately 196233000 kg CO2e in 2017 to 128054000 kg CO2e in 2023, while Scope 3 emissions 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 climate pledges. The company continues to monitor and report its emissions, demonstrating a commitment to transparency in its climate impact. Overall, Sompo's emissions data reflects a proactive approach to reducing its carbon footprint, aligning with industry standards for climate accountability.
Unlock detailed emissions data
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 |
Industry emissions intensity
Location emissions intensity
Reduction initiatives & disclosure networks
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.
