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.
+27 vs industry average
Sompo Holdings’s score of 64 is higher than 79% 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
Insurance Services is among the least carbon-intensive industries
Industry performance
The Insurance Services industry has reduced its overall emissions by 7% since 2019
Emissions trajectory 2020 – 2027
Reported emissions
Scope 3 accounts for ••• of total emissions.
Sompo Holdings's reported carbon emissions
In 2024, Sompo Holdings reported total carbon emissions of approximately 306,876,000 kg CO2e, comprising Scope 1 emissions of about 39,311,000 kg CO2e, Scope 2 emissions of approximately 128,054,000 kg CO2e, and Scope 3 emissions of around 139,511,000 kg CO2e. The company has set ambitious climate commitments, aiming for a 60% reduction in Scope 1 and Scope 2 emissions by 2030 compared to 2017 levels, and a 25% reduction in Scope 2 emissions by 2025 compared to 2019 levels. Furthermore, Sompo Holdings has adopted a long-term goal to achieve net-zero greenhouse gas emissions across all scopes by 2050, as outlined in their "Sompo Climate Action Plan" initiated in May 2021. This plan encompasses adaptation, mitigation, and social transformation strategies to address climate change effectively.
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Sompo Holdings’s Climate Goals (2030 & 2050)
9 goals2030
25% reduction in Scope 2
Reduce Scope 2 emissions by 25% from 2020 levels by 2030.
2030
62% reduction in total GHG
Vs 2019 baseline. Validated by SBTi. Includes full supply chain.
2040
50% reduction in Scope 3 intensity
Across purchased goods and services and logistics.
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Scope 3 top emissions categories
7 of 15 categories disclosedSee all scope 3 categories
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Climate initiatives
Science Based Targets Initiative
Carbon Disclosure Project
The Climate Pledge
UN Global Compact Climate Champions initiative
RE 100
Climate Action 100
Emissions comparison with industry peers
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Sompo Holdings
Frequently asked questions
Common questions about Sompo Holdings’s sustainability data and climate commitments
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