Sompo Japan Insurance Inc. Sustainability Profile
Sompo Japan Insurance Inc., a leading player in the insurance industry, is headquartered in Tokyo, Japan. Established in 1888, the company has evolved significantly, expanding its operations across Asia, Europe, and the Americas. Sompo Japan is renowned for its comprehensive range of insurance products, including property, casualty, and life insurance, tailored to meet diverse customer needs. With a strong emphasis on innovation, Sompo Japan has introduced unique services such as telematics-based auto insurance and advanced risk management solutions. The company holds a prominent market position, recognised for its commitment to customer satisfaction and financial stability. Notable achievements include consistent high ratings from international credit agencies, underscoring its reliability and trustworthiness in the insurance sector.
DitchCarbon Score
How does Sompo Japan Insurance Inc.'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 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.
Industry Benchmark
Sompo Japan Insurance Inc.'s score of 68 is higher than 81% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Sompo Japan Insurance Inc., headquartered in Japan (JP), currently does not report specific carbon emissions data, as indicated by the absence of emissions figures. The company is a current subsidiary of Sompo Holdings, Inc., which may influence its climate commitments and reporting practices. While there are no documented reduction targets or specific climate pledges from Sompo Japan Insurance Inc., it is important to note that any climate initiatives or targets may be inherited from its parent company, Sompo Holdings, Inc. This includes potential commitments to the Science Based Targets initiative (SBTi) and participation in the Carbon Disclosure Project (CDP), both of which are standard frameworks for corporate climate action. As a subsidiary, Sompo Japan Insurance Inc. may align its strategies with the broader sustainability goals set by Sompo Holdings, Inc., although specific details on these initiatives are not provided. The company’s approach to climate action and emissions reduction remains vague without concrete data or targets.
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Access structured emissions data, company-specific emission factors, and source documents
| 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Scope 1 | 18,479,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
| Scope 2 | 76,552,000 | 00,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 |
| Scope 3 | 57,800,000 | 00,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 |
How Carbon Intensive is Sompo Japan Insurance Inc.'s Industry?
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Sompo Japan Insurance Inc.'s Scope 3 Categories Breakdown
Sompo Japan Insurance Inc.'s Scope 3 emissions, which increased by 116% last year and increased by approximately 421% since 2015, demonstrating supply chain emissions tracking. Most of their carbon footprint comes from suppliers and value chain emissions, with Scope 3 emissions accounting for 64% of total emissions under the GHG Protocol, with "Capital Goods" being the largest emissions source at 54% of Scope 3 emissions.
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Sompo Japan Insurance Inc.'s Climate Goals (2030 & 2050)
Climate goals typically focus on 2030 interim targets and 2050 net-zero commitments, aligned with global frameworks like the Paris Agreement and Science Based Targets initiative (SBTi) to ensure alignment with global climate goals.
Sompo Japan Insurance Inc. has not publicly committed to specific 2030 or 2050 climate goals through the major frameworks we track. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
