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.
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 Holdings's score of 65 is higher than 98% 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 Holdings's reported carbon emissions
In 2024, Sompo Holdings reported total carbon emissions of approximately 39311000 kg CO2e from Scope 1, 128054000 kg CO2e from Scope 2, and 161840000 kg CO2e from Scope 3, resulting in a total of about 306876000 kg CO2e. This marks a slight decrease from 2023, where total emissions were approximately 308692000 kg CO2e, with Scope 1 emissions at 35421000 kg CO2e, Scope 2 at 134311000 kg CO2e, and Scope 3 at 138958000 kg CO2e. Sompo Holdings has set ambitious climate commitments, aiming for net-zero greenhouse gas emissions across all scopes by 2050. Specific near-term targets include a 25% reduction in Scope 1 and Scope 2 emissions by 2025, compared to 2019 levels, and a 60% reduction across all scopes by 2030, relative to 2017 levels. These initiatives are part of the "Sompo Climate Action Plan," which focuses on adaptation, mitigation, and social transformation. The company is actively working towards these goals, with a commitment to transparency and accountability in its emissions reporting and reduction strategies.
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| 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|---|---|---|
| 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
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 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.
