Public Profile

Sompo Holdings

Sompo Holdings, Inc., a leading player in the insurance and financial services industry, is headquartered in Tokyo, Japan. Founded in 1888, the company has established a strong presence across Asia, Europe, and the Americas, providing a diverse range of services. Sompo is renowned for its comprehensive insurance solutions, including property and casualty insurance, life insurance, and asset management, distinguished by a customer-centric approach and innovative risk management strategies. With a commitment to sustainability and social responsibility, Sompo Holdings has achieved notable milestones, including its recognition as a top insurer in Japan. The company’s unique offerings, such as its advanced digital insurance solutions, position it as a market leader, continually adapting to the evolving needs of its clients while maintaining a strong focus on quality and reliability.

DitchCarbon Score

How does Sompo Holdings'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.

63

Industry Average

Mean score of companies in the Insurance Services 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.

27

Industry Benchmark

Sompo Holdings's score of 63 is higher than 98% of the industry. This can give you a sense of how well the company is doing compared to its peers.

98%

Let us know if this data was useful to you

Sompo Holdings's reported carbon emissions

In 2023, Sompo Holdings reported total carbon emissions of approximately 306,876,000 kg CO2e. This figure includes 39,311,000 kg CO2e from Scope 1 emissions, 128,054,000 kg CO2e from Scope 2 emissions, and 139,511,000 kg CO2e from Scope 3 emissions. The company has set ambitious climate commitments, aiming for a 60% reduction in greenhouse gas emissions across all scopes (excluding insurance underwriting, investments, and loans) by 2030, compared to 2017 levels. Additionally, Sompo Holdings is committed to achieving net zero emissions by 2050. Over the past few years, emissions have shown a downward trend, with total emissions decreasing from approximately 384,454,000 kg CO2e in 2019 to 306,876,000 kg CO2e in 2023. This reflects a proactive approach to climate action within the financial services sector, where Sompo Holdings operates. The company has disclosed emissions data across all three scopes, demonstrating transparency in its sustainability efforts. Sompo Holdings continues to engage in various initiatives to meet its reduction targets, aligning with industry standards for climate action and sustainability.

Unlock detailed emissions data

Access structured emissions data, company-specific emission factors, and source documents

20172018201920202021202220232024
Scope 1
43,784,000
00,000,000
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
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
000,000,000

Industry emissions intensity

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. Sompo Holdings's primary industry is Insurance and pension funding services, except compulsory social security services (66), which is very low in terms of carbon intensity compared to other industries.

Location emissions intensity

Very low
Low
Medium
High
Very high
The carbon intensity of the energy grid powering a company's primary operations has a strong influence on its overall carbon footprint. This request for Sompo Holdings is in JP, which has a low grid carbon intensity relative to other regions.

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 Holdings is participating in some of the initiatives that 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.

Science Based Targets Initiative
Carbon Disclosure Project
The Climate Pledge
UN Global Compact
RE 100
Climate Action 100
Race To Net Zero
Reduction Actions

Similar Organizations

RenaissanceRe

US
Machinery and equipment n.e.c. (29)
Updated about 23 hours ago

Fairfax Financial

CA
Financial intermediation services, except insurance and pension funding services (65)
Updated 1 day ago

China Re

CN
Insurance and pension funding services, except compulsory social security services (66)
Updated about 23 hours ago

Lancer Insurance Company

US
Insurance and pension funding services, except compulsory social security services (66)
Updated 1 day ago

Swiss Re

CH
Insurance and pension funding services, except compulsory social security services (66)
Updated about 15 hours ago

Ms And Ad Insurance Group Holdings

JP
Insurance and pension funding services, except compulsory social security services (66)
Updated about 23 hours ago

Where does DitchCarbon data come from?

Discover our data-driven methodology for measuring corporate climate action and benchmarking against industry peers