Disclosures No. |
Requirements |
Page References (or Reasons for Omission) |
GRI Standard |
Organizational profile |
102-1 |
a. Name of the organization. |
Corporate Profile
|
102-2 |
a. A description of the organization’s activities.
b. Primary brands, products, and services, including an explanation of any products or services that are banned in certain markets. |
Group Businesses
|
102-3 |
a. Location of the organization’s headquarters. |
Corporate Profile
|
102-4 |
a. Number of countries where the organization operates, and the names of countries where it has significant operations and/or that are relevant to the topics covered in the report. |
Overseas Insurance
|
102-5 |
a. Nature of ownership and legal form. |
Corporate Profile
|
102-6 |
a. Markets served, including:
i. geographic locations where products and services are offered;
ii. sectors served;
iii. types of customers and beneficiaries. |
Group Businesses
|
102-7 |
a. Scale of the organization, including:
i. total number of employees;
ii. total number of operations;
iii. net sales (for private sector organizations) or net revenues (for public sector organizations);
iv. total capitalization (for private sector organizations) broken down in terms of debt and equity;
v. quantity of products or services provided. |
Corporate Profile
Financial Highlights
|
102-8 |
a. Total number of employees by employment contract (permanent and temporary), by gender.
b. Total number of employees by employment contract (permanent and temporary), by region.
c. Total number of employees by employment type (full-time and part-time), by gender.
d. Whether a significant portion of the organization’s activities are performed by workers who are not employees. If applicable, a description of the nature and scale of work performed by workers who are not employees.
e. Any significant variations in the numbers reported in Disclosures 102-8-a, 102-8-b, and 102-8-c (such as seasonal variations in the tourism or agricultural industries).
f. An explanation of how the data have been compiled, including any assumptions made. |
Number of Employees
|
102-9 |
a. A description of the organization’s supply chain, including its main elements as they relate to the organization’s activities, primary brands, products, and services. |
Value Chain
|
102-10 |
a. Significant changes to the organization’s size, structure, ownership, or supply chain, including:
i. Changes in the location of, or changes in, operations, including facility openings, closings, and expansions;
ii. Changes in the share capital structure and other capital formation, maintenance, and alteration operations (for private sector organizations);
iii. Changes in the location of suppliers, the structure of the supply chain, or relationships with suppliers, including selection and termination. |
Group Businesses
Integrated Annual Report 2022 p.196-200 (Segment information)
(PDF/2,144KB)
|
102-11 |
a. Whether and how the organization applies the Precautionary Principle or approach. |
Top Commitment
Management System
Participation in Sustainability Initiatives
Response to Recommendations of the Task Force on Climate-related Financial Disclosures
SOMPO Climate Action
Enterprise Risk Management (ERM)
|
102-12 |
a. A list of externally-developed economic, environmental and social charters, principles, or other initiatives to which the organization subscribes, or which it endorses. |
Participation in Sustainability Initiatives
Response to Recommendations of the Task Force on Climate-related Financial Disclosures
Sustainability Vision and Policy
SOMPO Climate Action
Offering Insurance for Agricultural Sector and Products that Support the Uptake and Expansion of Renewable Energy
|
102-13 |
a. A list of the main memberships of industry or other associations, and national or international advocacy organizations. |
Participation in Sustainability Initiatives
|
Strategy |
102-14 |
a. A statement from the most senior decision-maker of the organization (such as CEO, chair, or equivalent senior position) about the relevance of sustainability to the organization and its strategy for addressing sustainability. |
Top Commitment
Dialogue: The Sompo Group Value Creation Story in the SDGs Era
|
102-15 |
a. A description of key impacts, risks, and opportunities. |
Top Commitment
Response to Recommendations of the Task Force on Climate-related Financial Disclosures
Toward the Realization of SOMPO’s Purpose
SDG-Based management
Progress Towards our Materiality and KPIs
|
Ethics and integrity |
102-16 |
a. A description of the organization’s values, principles, standards, and norms of behavior. |
Group Management Philosophy
Sustainability Vision and Policy
The Group Management Philosophy, Purpose, Materiality
|
102-17 |
a. A description of internal and external mechanisms for:
i. seeking advice about ethical and lawful behavior, and organizational integrity;
ii. reporting concerns about unethical or unlawful behavior, and organizational integrity. |
Stakeholder Engagement
Building ESG Considerations Into Our Operations
Overview of the Status of Internal Control System
|
Governance |
102-18 |
a. Governance structure of the organization, including committees of the highest governance body.
b. Committees responsible for decision-making on economic, environmental, and social topics. |
Management System
Corporate Governance
Corporate Governance Report
|
102-19 |
a. Process for delegating authority for economic, environmental, and social topics from the highest governance body to senior executives and other employees. |
Management System
|
102-20 |
a. Whether the organization has appointed an executive-level position or positions with responsibility for economic, environmental, and social topics.
b. Whether post holders report directly to the highest governance body. |
Management System
|
102-21 |
a. Processes for consultation between stakeholders and the highest governance body on economic, environmental, and social topics.
b. If consultation is delegated, describe to whom it is delegated and how the resulting feedback is provided to the highest governance body. |
Building ESG Considerations Into Our Operations
Management System
|
102-22 |
a. Composition of the highest governance body and its committees by:
i. executive or non-executive;
ii. independence;
iii. tenure on the governance body;
iv. number of each individual’s other significant positions and commitments, and the nature of the commitments;
v. gender;
vi. membership of under-represented social groups;
vii. competencies relating to economic, environmental, and social topics;
viii. stakeholder representation. |
Management System
ESG Data (Governance Data)
Corporate Governance
Corporate Governance Report
|
102-23 |
a. Whether the chair of the highest governance body is also an executive officer in the organization.
b. If the chair is also an executive officer, describe his or her function within the organization’s management and the reasons for this arrangement. |
Management System
Corporate Governance
Corporate Governance Report
|
102-24 |
a. Nomination and selection processes for the highest governance body and its committees.
b. Criteria used for nominating and selecting highest governance body members, including whether and how:
i. stakeholders (including shareholders) are involved;
ii. diversity is considered;
iii. independence is considered;
iv. expertise and experience relating to economic, environmental, and social topics are considered. |
Management System
Corporate Governance
Corporate Governance Report
|
102-25 |
a. Processes for the highest governance body to ensure conflicts of interest are avoided and managed.
b. Whether conflicts of interest are disclosed to stakeholders, including, as a minimum:
i. Cross-board membership;
ii. Cross-shareholding with suppliers and other stakeholders;
iii. Existence of controlling shareholder;
iv. Related party disclosures. |
Management System
Corporate Governance
Corporate Governance Report
|
102-26 |
a. Highest governance body’s and senior executives’ roles in the development, approval, and updating of the organization’s purpose, value or mission statements, strategies, policies, and goals related to economic, environmental, and social topics. |
Management System
|
102-27 |
a. Measures taken to develop and enhance the highest governance body’s collective knowledge of economic, environmental, and social topics. |
Management System
|
102-28 |
a. Processes for evaluating the highest governance body’s performance with respect to governance of economic, environmental, and social topics.
b. Whether such evaluation is independent or not, and its frequency.
c. Whether such evaluation is a self-assessment.
d. Actions taken in response to evaluation of the highest governance body’s performance with respect to governance of economic, environmental, and social topics, including, as a minimum, changes in membership and organizational practice. |
Corporate Governance
Corporate Governance Report
|
102-29 |
a. Highest governance body’s role in identifying and managing economic, environmental, and social topics and their impacts, risks, and opportunities – including its role in the implementation of due diligence processes.
b. Whether stakeholder consultation is used to support the highest governance body’s identification and management of economic, environmental, and social topics and their impacts, risks, and opportunities. |
Management System
Corporate Governance
Corporate Governance Report
|
102-30 |
a. Highest governance body’s role in reviewing the effectiveness of the organization’s risk management processes for economic, environmental, and social topics. |
Management System
|
102-31 |
a. Frequency of the highest governance body’s review of economic, environmental, and social topics and their impacts, risks, and opportunities. |
Management System
|
102-32 |
a. The highest committee or position that formally reviews and approves the organization’s sustainability report and ensures that all material topics are covered. |
Management System
|
102-33 |
a. Process for communicating critical concerns to the highest governance body. |
Management System
Corporate Governance
Corporate Governance Report
|
102-34 |
a. Total number and nature of critical concerns that were communicated to the highest governance body.
b. Mechanism(s) used to address and resolve critical concerns. |
Corporate Governance
Corporate Governance Report
|
102-35 |
a. Remuneration policies for the highest governance body and senior executives for the following types of remuneration:
i. Fixed pay and variable pay, including performance-based pay, equity-based pay, bonuses, and deferred or vested shares;
ii. Sign-on bonuses or recruitment incentive payments;
iii. Termination payments;
iv. Clawbacks;
v. Retirement benefits, including the difference between benefit schemes and contribution rates for the highest governance body, senior executives, and all other employees.
b. How performance criteria in the remuneration policies relate to the highest governance body’s and senior executives’ objectives for economic, environmental, and social topics. |
ESG Data (Governance Data)
Corporate Governance
Integrated Annual Report 2022 p.92-95 (Corporate Governance Executive Compensation Structure) (PDF/3,496KB)
Corporate Governance Report
|
102-36 |
a. Process for determining remuneration.
b. Whether remuneration consultants are involved in determining remuneration and whether they are independent of management.
c. Any other relationships that the remuneration consultants have with the organization. |
ESG Data (Governance Data)
Corporate Governance
Integrated Annual Report 2022 p.92-95 (Corporate Governance Executive Compensation Structure) (PDF/3,496KB)
Corporate Governance Report
|
102-37 |
a. How stakeholders’ views are sought and taken into account regarding remuneration.
b. If applicable, the results of votes on remuneration policies and proposals. |
ESG Data (Governance Data)
Corporate Governance
Integrated Annual Report 2022 p.92-95 (Corporate Governance Executive Compensation Structure) (PDF/3,496KB)
Corporate Governance Report
|
102-38 |
a. Ratio of the annual total compensation for the organization’s highest-paid individual in each country of significant operations to the median annual total compensation for all employees (excluding the highest-paid individual) in the same country. |
ESG Data (Governance Data)
Integrated Annual Report 2022 p.92-95 (Corporate Governance Executive Compensation Structure) (PDF/3,496KB)
|
102-39 |
a. Ratio of the percentage increase in annual total compensation for the organization’s highest-paid individual in each country of significant operations to the median percentage increase in annual total compensation for all employees (excluding the highest-paid individual) in the same country. |
ESG Data (Governance Data)
Integrated Annual Report 2022 p.92-95 (Corporate Governance Executive Compensation Structure) (PDF/3,496KB)
|
Stakeholder engagement |
102-40 |
a. A list of stakeholder groups engaged by the organization. |
Stakeholder Engagement
|
102-41 |
a. Percentage of total employees covered by collective bargaining agreements. |
ESG Data (Social Performance Data)
|
102-42 |
a. The basis for identifying and selecting stakeholders with whom to engage. |
Stakeholder Engagement
|
102-43 |
a. The organization’s approach to stakeholder engagement, including frequency of engagement by type and by stakeholder group, and an indication of whether any of the engagement was undertaken specifically as part of the report preparation process. |
Stakeholder Engagement
ESG Data (Social Performance Data)
ESG Investment Through Our Asset Management Business
Building ESG Considerations Into Our Operations
|
102-44 |
a. Key topics and concerns that have been raised through stakeholder engagement, including:
i. how the organization has responded to those key topics and concerns, including through its reporting;
ii. the stakeholder groups that raised each of the key topics and concerns. |
Building ESG Considerations Into Our Operations
Stakeholder Engagement
SDG-Based management
|
Reporting practice |
102-45 |
a. A list of all entities included in the organization’s consolidated financial statements or equivalent documents.
b. Whether any entity included in the organization’s consolidated financial statements or equivalent documents is not covered by the report. |
Group Businesses
Overview of Sustainability Communications and Policy(Covered Organization)
Integrated Annual Report 2022 p.224-226(Corporate Data, The Company, Subsidiaries, and Affiliates)(PDF/2,144KB)
|
102-46 |
a. An explanation of the process for defining the report content and the topic Boundaries.
b. An explanation of how the organization has implemented the Reporting Principles for defining report content. |
Overview of Sustainability Communications and Policy(Covered Organization)
SDG-Based management
|
102-47 |
a. A list of the material topics identified in the process for defining report content. |
SDG-Based management
Progress Towards our Materiality and KPIs
|
102-48 |
a. The effect of any restatements of information given in previous reports, and the reasons for such restatements. |
Not applicable
|
102-49 |
a. Significant changes from previous reporting periods in the list of material topics and topic Boundaries. |
SDG-Based management
|
102-50 |
a. Reporting period for the information provided. |
Overview of Sustainability Communications and Policy(Covered Organization)
|
102-51 |
a. If applicable, the date of the most recent previous report. |
Overview of Sustainability Communications and Policy(Publication Period)
|
102-52 |
a. Reporting cycle. |
Overview of Sustainability Communications and Policy(Publication Period)
|
102-53 |
a. The contact point for questions regarding the report or its contents. |
Overview of Sustainability Communications and Policy(Planning and Editing)
|
102-54 |
a. The claim made by the organization, if it has prepared a report in accordance with the GRI Standards, either:
i. ‘This report has been prepared in accordance with the GRI Standards: Core option’;
ii. ‘This report has been prepared in accordance with the GRI Standards: Comprehensive option’. |
The Sustainability Report 2022 has been prepared in accordance with the GRI Sustainability Reporting Standards.
|
102-55 |
a. The GRI content index, which specifies each of the GRI Standards used and lists all disclosures included in the report.
b. For each disclosure, the content index shall include:
i. the number of the disclosure (for disclosures covered by the GRI Standards);
ii. the page number(s) or URL(s) where the information can be found, either within the report or in other published materials;
iii. if applicable, and where permitted, the reason(s) for omission when a required disclosure cannot be made. |
This page is the GRI Content Index.
Overview of Sustainability Communications and Policy (Referenced Guidelines)
|
102-56 |
a. A description of the organization’s policy and current practice with regard to seeking external assurance for the report.
b. If the report has been externally assured:
i. A reference to the external assurance report, statements, or opinions. If not included in the assurance report accompanying the sustainability report, a description of what has and what has not been assured and on what basis, including the assurance standards used, the level of assurance obtained, and any limitations of the assurance process;
ii. The relationship between the organization and the assurance provider;
iii. Whether and how the highest governance body or senior executives are involved in seeking external assurance for the organization’s sustainability report. |
Have received third-party assurance on some quantitative social and environmental data.
Third-Party Assurance
|
Management Approach |
103-1 |
a. An explanation of why the topic is material.
b. The Boundary for the material topic, which includes a description of:
i. where the impacts occur;
ii. the organization’s involvement with the impacts. For example, whether the organization has caused or contributed to the impacts, or is directly linked to the impacts through its business relationships.
c. Any specific limitation regarding the topic Boundary. |
Overview of Sustainability Communications and Policy(Covered Organization)
Progress Towards our Materiality and KPIs
SDG-Based management
|
103-2 |
a. An explanation of how the organization manages the topic.
b. A statement of the purpose of the management approach.
c. A description of the following, if the management approach includes that component:
i. Policies
ii. Commitments
iii. Goals and targets
iv. Responsibilities
v. Resources
vi. Grievance mechanisms
vii. Specific actions, such as processes, projects, programs and initiatives |
Sustainability Vision and Policy
Management System
Progress Towards our Materiality and KPIs
|
103-3 |
a. An explanation of how the organization evaluates the management approach, including:
i. the mechanisms for evaluating the effectiveness of the management approach;
ii. the results of the evaluation of the management approach;
iii. any related adjustments to the management approach. |
Management System
Progress Towards our Materiality and KPIs
Stakeholder Engagement
ESG Data
Third Party Comments
Third-Party Assurance
|