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Sompo Holdings, Inc., a prominent player in the insurance and pension funding services sector, is headquartered in Tokyo, Japan. Established in 1888, the company has evolved significantly, expanding its operations across Asia, Europe, and the Americas. Sompo Holdings offers a diverse range of products, including property and casualty insurance, life insurance, and asset management services, distinguished by their commitment to customer-centric solutions and innovative risk management.
With a strong market position, Sompo Holdings has achieved notable milestones, including its recognition as one of the largest insurance groups in Japan. The company’s focus on sustainability and digital transformation further enhances its competitive edge, making it a trusted choice for individuals and businesses seeking comprehensive insurance solutions.
65
DitchCarbon score
+26 vs industry average
Sompo Holdings’s score of 65 is higher than 76% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Industry Intensity
Very Low
Insurance Services is among the least carbon-intensive industries
Industry performance
0.058
20182025
The Insurance Services industry has reduced its overall emissions by 25% since 2018
Emissions trajectory 2020 – 2027
20202021202220232024202520262027
Reported emissions
Scope 1
•••kg CO₂e
Scope 2
•••kg CO₂e
Scope 3
•••kg CO₂e
Total reported
•••kg CO₂e
Scope 3 accounts for ••• of total emissions.
Sompo Holdings's reported carbon emissions
Sompo Holdings, a Japanese company in the insurance and pension funding services sector, reported total carbon emissions of approximately 2.1 billion kg CO2e for 2024. This figure includes about 39.3 million kg CO2e from Scope 1, approximately 128.1 million kg CO2e from market-based Scope 2, and around 1.98 billion kg CO2e from Scope 3 emissions.
Sompo Holdings has set several ambitious climate commitments. The company aims for net-zero GHG emissions, including investments and insurance underwriting, by fiscal year 2050 as part of its "Sompo Climate Action Plan."
Near-term targets include:
- A 60% reduction in Scope 1 emissions by 2030, compared to 2017 levels.
- A 25% reduction in Scope 1 emissions by 2025, compared to 2019 levels.
- A 25% reduction in Scope 2 emissions by 2025, compared to 2019 levels.
- A 60% reduction in Scope 2 emissions by 2030, compared to 2017 levels.
- A 30% reduction in Scope 1 emissions from 2020 levels by 2030.
- A 25% reduction in Scope 2 emissions from 2020 levels by 2030.
The company also aims to achieve net-zero emissions for Scope 1, Scope 2, and Scope 3 (excluding insurance underwriting, investments, and loans) by 2050. These targets include a 60% reduction across Scopes 1, 2, and 3 (excluding insurance underwriting, investments, and loans) by 2030, referencing 2017 levels.
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Sompo Holdings’s Climate Goals (2030 & 2050)
2025
Near-zero scope 1 & 2
Target to achieve near-zero emissions for direct operations and purchased energy
On track94%
2030
62% reduction in total GHG
Vs 2019 baseline. Validated by SBTi. Includes full supply chain.
At risk48%
2040
50% reduction in Scope 3 intensity
Across purchased goods and services and logistics.
Behind target22%
Showing SBTi-validated targets only. Sign up or sign in to see all disclosed climate targets.
Scope 3 top emissions categories
8 of 15 categories disclosedSee all scope 3 categories
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Climate initiatives
Science Based Targets Initiative
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Not active
Carbon Disclosure Project
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Active
The Climate Pledge
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Not active
UN Global Compact Climate Champions initiative
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Active
RE 100
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Not active
Climate Action 100
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Not active
Emissions comparison with industry peers
View similar organisationsCompanyCountryIndustryLast updatedScoreDetails
Sompo Holdings10 months ago
65
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Frequently asked questions
Common questions about Sompo Holdings’s sustainability data and climate commitments
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