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SOMPO Earth Positive Actions

In FY2026, the SOMPO Group launched "SOMPO Earth Positive Actions," a new group-wide strategy. Recognizing the intricate nature of global environmental issues, we will implement actions to generate a positive impact on the entire planet. This strategy is centered on a "Synergy Approach" that integrates the three key areas of "Climate Change," "Biodiversity," and "Circular Economy," all founded on a respect for human rights.

In implementing these actions, we will accelerate our efforts as a unified group by making the most of our strengths which are “Regional networks” built through the SOMPO Group’s diverse businesses; “Track record of contributing to global rulemaking” in sustainability; and our long-standing achievements in “Environmental talent development.”

SOMPO Earth Positive Actions

Our Goals with SOMPO Earth Positive Actions

Beyond reducing the environmental footprint of our own business activities, we aim to contribute to solving global environmental challenges. These challenges include reducing GHG emissions across society, restoring nature, transitioning to a circular economic system, and supporting just transition for our customers and society. We will achieve this by providing insurance products and solutions that leverage the Group's strengths.

Through the implementation of SOMPO Earth Positive Actions, we aim to achieve our contribution to the global environment with the sustainable growth of the SOMPO Group.

SOMPO Earth Positive Actions Roadmap

We have formulated a roadmap toward realizing net zero by 2050 and achieving our contribution to the global environment with the sustainable growth of the SOMPO Group. In addition to reducing our own GHG emissions, we will support just transition for society as a whole through engagement with our investee companies, insurance customers, and business partners, as well as the provision of insurance products and solutions.

SOMPO Earth Positive Actions Roadmap

Engagement (Effective Dialogue)

To support realizing net zero by 2050 and just transition, we will create new opportunities for collaboration and co-creation through engagement with our insurance customers and investee companies. We will propose and provide insurance products and solutions that contribute to solving our customers' challenges.
Concurrently, to ensure the effectiveness of these efforts, we are calling on 30 priority companies*, which account for over 80% of GHG emissions in our insurance underwriting portfolio, to formulate a "transition plan" towards net zero by 2050. We will, in principle, phase out business relationships with companies that have not formulated such a plan following dialogue through the end of FY 2035.

  • The selection of the 30 priority companies is primarily based on their GHG emissions within the Sompo Group's insurance underwriting portfolio. Furthermore, the selection comprehensively considers sectors with high dependence on and impact on natural capital, identified with reference to frameworks such as the TNFD (Taskforce on Nature-related Financial Disclosures), as well as the overall impact on our investment and financing portfolio. In the base year for selection (FY2024), these 30 companies account for over 80% of the GHG emissions associated with our insurance underwriting and over 70% of the GHG emissions associated with our investments and financing.

Providing Insurance and Solutions

We have set a "Transition Insurance Target" aiming to achieve premium income of 25 billion yen in fiscal 2026 for insurance products that contribute to decarbonization both domestically and overseas. To achieve this target, we are working to develop products and services that contribute to the spread of renewable energy and energy conservation, including the "ONE SOMPO WIND Service" (insurance and risk management service for offshore wind power operators).

Reducing GHG Emissions

■Our Group

As for our own GHG emissions, we have set a target of a 60% reduction (compared to 2017)* in Scope 1, 2, and 3 (excluding insurance underwriting, investments and loans) by 2030 and a net zero emissions by 2050. To achieve this goal, we have set a target of “70% introduction of renewable energy by 2030,” in addition to energy conservation efforts such as the use of LEDs for electricity consumption, which accounts for a particularly large portion of GHG emissions. We are working on the roadmap to achieve this goal, including switching to renewable energy sources for power generation in our buildings.

  • Science-based targets consistent with the Paris Agreement's 1.5℃ target (a reduction of at least 4.2% each year)

■Investments and Loans

Toward reducing GHG emissions (Scope 3 Category 15) of the investment portfolio to net zero, we have set an interim target of “reducing intensity in the 50-60% range in 2030 (compared to 2019)”. To achieve this target, we have been focusing on engaging with high GHG emitters among our equity holdings and with asset managers, as well as shifting to low GHG emitting sectors when replacing the assets under management held by the Group.

<Details on Interim Targets>
Target year 2030
Target 50 - 60% range reduction
Base year 2019
Asset Class Listed equities, corporate bonds, loans to listed companies, listed equity and corporate bond funds
Indicator Intensity (GHG emissions per unit of invested amount)
  • Intensity is an indicator that is not easily affected by increases or decreases in the balance of investments and loans. It was established as an indicator of GHG emission efficiency in order to not only reduce the GHG emissions of our investment and loan portfolio, but also to promote the green transition of our portfolio companies and society at the same time.
    That being said, we will continue to calculate and report our actual GHG emissions.
  • The target value is set based on the guidelines of the Net Zero Asset Owner Alliance (NZAOA), an initiative of international investment institutions, as the 1.5°C target level of the Paris Agreement.

SOMPO Earth Positive Actions-Related Initiatives

Regional
  • Climate Action Support for Medium-sized and Small and Medium-sized Enterprises (SMEs)
    SOMPO Risk Management helps mid-sized enterprises and SMEs strengthen their corporate resilience. We support them in formulating disaster prevention and mitigation plans, as well as preparing the necessary applications for the "Business Continuity Enhancement Plan" which is a certification program recognized by the Ministry of Economy, Trade and Industry (METI). Additionally, Sompo Japan Insurance collaborates with diverse stakeholders to offer "Denki Check," an AI-driven service designed to help businesses reduce both electricity costs and carbon emissions.
  • Tailored Climate Risk Insurance Supporting Business Adaptation
    As climate change intensifies, Japan is experiencing a rise in extreme weather events, including more frequent torrential rains and extremely hot summer days. Sompo Japan Insurance is committed to supporting our customers’ climate adaptation efforts by expanding our range of insurance solutions specifically tailored to these escalating climate risks.
  • Managing Severe Natural Disaster Risks: Pre-Disaster, Emergency, and Post-Disaster Support
    Founded in 1888 as Japan’s first fire insurance company, Sompo Japan Insurance has a unique heritage of disaster response. In our early years, we formed the only private fire brigade authorized by the Metropolitan Police Department, actively deploying to fire scenes to protect customers and local communities.
    We have redefined this founding spirit as our "HIKESHI DNA." As modern-day "HIKESHI," we aim to establish disaster prevention and mitigation as a vital, everyday culture in Japan. Through the "HIKESHI DNA 2030 Project," we are launching the following key initiatives.
    (1) Bosai JAPAN-DA Project
    This interactive, hands-on disaster preparedness workshop is designed to help children and their guardians acquire critical safety knowledge and protective behaviors. We collaborate with diverse local stakeholders—including municipalities, fire departments, and businesses—to strengthen community resilience by enhancing local disaster literacy.
    (2) HIKESHI Partnership with Weathernews: Under the slogan “Making Disaster Prevention a New Part of Japanese Culture,” we aim to combine Weathernews’s high-precision weather data and observation network with Sompo Japan’s risk management expertise to provide customers with the most relevant information and establish a “information → decision → action” cycle, thereby creating a system that prevents accidents before they occur and minimizes damage.
    (3) Co-creation of a Vehicle Repair Platform Through a Partnership with DRS Group
    We have entered into a strategic partnership with Germany’s DRS Group, a global leader in paintless dent repair technology. In response to hail disasters that have become more severe in recent years, we will contribute to reducing repair times and minimizing environmental impact through technologies such as paintless dent repair, which restores dents quickly without the need for part replacement or repainting.
  • Contribution to Establishing a Circular Economy Model
    (1) Battery refurbishment
    Sompo Japan Insurance jointly developed innovative insurance product with the National Institute of Advanced Industrial Science and Technology (AIST) and AIST Solutions Co. which appropriately assess and guarantees the performance of EV batteries. By creating a market for the secondary use of used batteries, we aim to contribute to the development of a sustainable, resource-recycling society.
    (2) Contributing to Food Loss Reduction Through Food Bank Insurance
    Sompo Japan Insurance leverages the power of insurance to address the issue of domestic food loss, which amounts to approximately 4.64 million metric tons annually. To enable food banks—which distribute food otherwise destined for disposal to individuals facing financial hardship—to expand their activities without worrying about liability risks, the company developed "Food Bank Activity Insurance." This specialized product allows for easy enrollment based on the volume of food handled, thereby providing strong support for the circular use of food.
    (3) Contributing to Food Security
    Nousouken Corporation is building a novel distribution platform that connects producers and consumers through supermarkets, which represent the largest retail channel for agricultural products in Japan. By streamlining distribution, matching supply and demand via data analysis, and branding non-standard produce, the company contributes to the stable distribution of food resilient to climate change, the reduction of food loss, and the realization of a sustainable agricultural industry.
    (4) Material Recycling in Mobility
    Sompo Japan Insurance is advancing initiatives to establish a model for the circular use—including reuse, recycling, and rebuilding—of damaged vehicles. Through these efforts, we aim to create environmental value and contribute to the domestic circulation of resources.
  • Biodiversity and Natural Capital
    To achieve the "30by30" goal of conserving at least 30% of land and sea areas by 2030, we are implementing the "OECM 100 Project," which promotes the registration of areas outside protected areas that contribute to biodiversity (OECMs). Through the SAVE JAPAN Project, which supports citizen-led biodiversity conservation activities nationwide, we assist with the application process for "Nationally Certified Sustainably Managed Natural Sites" and promote the adoption of Ecosystem-based Disaster Risk Reduction (Eco-DRR), thereby helping to build disaster-resilient communities.
    We also serve as a board member of the Natural Capital Credit Consortium (NCCC), an organization dedicated to conserving natural capital through the development of a carbon credit market. In June 2026, we became the first entity in Japan to purchase voluntary carbon credits certified by the NCCC in Akaiwa City, Okayama Prefecture. Through initiatives such as this, we are working to raise awareness and promote the adoption of natural capital-based carbon credits and OECMs.
Global
  • Supporting Corporate Value Enhancement Through Value Chain Risk Management and Resilience Improvement
    (1) CEO Handbook
    In collaboration with IGES (Institute for Global Environmental Strategies) and other organizations, we co-authored the Japanese version of the CEO handbook on physical climate risks in value chains published by the WBCSD (The World Business Council for Sustainable Development). We are actively working to raise awareness among senior management regarding the necessity of addressing these risks and how to implement effective countermeasures. As part of these efforts, we participated in a panel discussion on this topic at the "WBCSD Tokyo Summit" held in March 2026, where we shared our expertise on mitigating the impacts of increasingly severe natural disasters.
    (2) Partnership with EcoVadis
    SOMPO Risk Management has entered into a strategic partnership agreement with EcoVadis SAS (EcoVadis), an international sustainability rating organization. By combining EcoVadis’ globally recognized sustainability assessment methodology with SOMPO Risk Management’s consulting expertise, we will support Japanese companies in managing supply chain risks, enhancing supplier engagement, and strengthening resilience to improve competitiveness in global markets.
    (3) Business Alliance with Resilia
    SOMPO Risk Management and Resilire Inc. have formed a business alliance to protect the supply chains of Japanese companies against increasingly diverse risks. By integrating Resilire’s platform—which visualizes supply chains (including Tier N)—with SOMPO Risk Management’s risk consulting services (such as risk assessment and control), the partnership establishes a framework to provide end-to-end support for the visualization, assessment, and mitigation (improvement initiatives) of supply chain risks. Furthermore, with the participation of Sompo Japan Insurance, the initiative accelerates the resolution of corporate challenges—including through the provision of insurance—to deliver comprehensive, all-hazard supply chain risk management solutions to Japanese companies.
  • Support for the Green Transition (GX)
    (1) Underwriting of the Dogger Bank Wind Farm Project
    Sompo is committed to supporting the transition to a decarbonized society through its renewable energy insurance and reinsurance capabilities. By providing specialized risk solutions across the renewable energy value chain, Sompo helps developers, operators, and investors bring critical clean energy projects to life while managing the complex risks associated with emerging technologies and large-scale infrastructure. One example is the Dogger Bank Wind Farm in the North Sea, located approximately 130 km off the northeast coast of England. Sompo provides insurance support for various aspects of this landmark project, which is set to become the world’s largest offshore wind farm. When fully operational in 2027, Dogger Bank is expected to have a capacity of 3.6 GW—enough to power up to 6 million homes annually. The project is also expected to avoid emissions equivalent to removing approximately 1.5 million cars from the road, while creating thousands of jobs and advancing technologies that will help accelerate the growth of offshore wind worldwide.
    (2) Risk Management through Methane Emission Detection
    In August 2025, we entered into a business alliance with JGC CORPORATION and Israel-based Momentick to launch a methane emission detection solution integrated with non-life insurance.
    In November 2025, we participated in the 30th Conference of the Parties to the United Nations Framework Convention on Climate Change (COP30) in Brazil, where we spoke at two seminars hosted by the Japan Pavilion.
    During these seminars, we presented Japan’s first methane emission detection solution combining satellite imagery analysis with actual ground measurements, designed to accelerate risk management and decarbonization across the LNG (liquefied natural gas) supply chain.
    (3) Participation in the Paddy Field JCM* Consortium
    Sompo Japan Insurance formed the “Paddy Field JCM Consortium” together with seven companies, including Osaka Gas Co., Ltd. This is Japan’s first initiative formed by private-sector companies to promote the expansion of paddy field-derived credits under the Joint Crediting Mechanism (JCM). By incorporating an insurer’s expertise into analysis of the relationship between alternate wetting and drying (AWD) irrigation techniques and weather in the Philippines, we will work to reduce risks associated with the spread of JCM credits, promote wider adoption of the JCM, and contribute to achieving a carbon-neutral society.
    • JCM: A scheme under which Japan and partner countries cooperate to achieve greenhouse gas reduction and share the results between the two countries.
  • Participation in Initiatives
    (1) International Conferences on Nature Positive (e.g., Kumamoto Summit)
    We exhibited a booth at the "GLOBAL NATURE POSITIVE SUMMIT 2026," held in Kumamoto Prefecture on July 14 and 15, 2026. At our booth, we showcased the "SAVE JAPAN Project"—a citizen-participatory environmental conservation initiative—and "HIKESHI DNA 2030," an effort focused on disaster prevention and mitigation, thereby widely communicating our commitment to promoting sustainability. We also participated in a panel discussion themed "Nature-Positive Infrastructure in Landscapes and Seascapes," where we shared details of our specific initiatives to date.
    Furthermore, as events associated with the summit, we co-hosted a two-day seminar in collaboration with the Ministry of the Environment, the Taskforce on Nature-related Financial Disclosures (TNFD), and the Principles for Responsible Investment (PRI). On July 9, 2026, at the Sompo Japan Nihonbashi Building, we held an event for institutional investors and regional financial institutions themed "Practical Application of TNFD Guidance and Talent Development." The following day, at the Sompo Japan Kasumigaseki Building, we hosted an event aimed at "Capacity Building for TNFD Disclosure," thereby providing support for the realization of a nature-positive future through finance and business.
Environmental Talent
  • Fostering Next-Generation Environmental Talent through the CSO Learning Program
    The SOMPO Environmental Foundation operates the “CSO* Learning Program” guided by the philosophy of “Fostering People Who Plant Trees”, which enables undergraduate and graduate students to participate in a seven-month paid internship at CSOs (Civil Society Organizations) in the environmental sector. A portion of the scholarship funds comes from donations to the “Sompo Chikyu (Earth) Club,” which is operated through contributions from our group employees; in this way, each employee contributes to the development of environmental professionals. This program has been running continuously since its inception in 2000, contributing to developing talent capable of creating a sustainable society in collaboration with CSOs. As of March 2026, 1,453 participants have completed the program, and graduates are active in a wide range of fields, including government agencies, private companies, and CSOs. In recognition of these long-standing efforts, the Foundation received the “The Minister of the Environment Award (Corporate Category)” at “The Good Life Award” hosted by the Ministry of the Environment in 2025.
    • CSO: Civil Society Organization
  • Collaboration with Nature-preneur Japan (NPJ)
    We are initiating collaboration with "Nature-preneurs"—individuals driving the restoration of natural capital. By supporting the personnel and model project grants administered by NPJ, and by fostering talent dedicated to natural capital restoration and Eco-DRR, we will contribute to the proliferation of green jobs and the development of a robust ecosystem.
  • Promoting Environmental Education through Public Environmental Lectures for Citizens
    Our Group, in collaboration with the SOMPO Environment Foundation and the Japan Environmental Education Forum (JEEF), has hosted the public seminars on the environment for over 30 years since 1993.
    By inviting a diverse range of speakers—including experts, government officials, corporate representatives, and practitioners—the program features nine regular lectures and one special lecture annually in seminar and dialogue formats. These lectures aim to deepen public understanding of environmental issues and encourage concrete actions toward solutions.
    Since transitioning online in FY2020, we have also provided recorded sessions to offer flexible learning opportunities.
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