SOMPO’s approach to climate change and nature-related disclosures
The Group recognizes climate change and nature-related issues that affect the security, health and wellbeing of people’s lives as important issues to address. We are working to actively and fairly disclose information to our stakeholders in a transparent manner regarding the risks, opportunities, and measures we are taking to address these issues through our responses to the TCFD and TNFD recommendations*.
In 2018, we announced our support for the TCFD recommendations and joined the TCFD Insurance Working Group of the United Nations Environment Programme Finance Initiative (UNEP FI). To support the development of the TNFD framework, Sompo Japan Insurance and Sompo Risk Management also joined the TNFD Forum in 2021 and participated in the pilot test of the UNEP FI TNFD framework. Furthermore, Sompo Holdings registered as a TNFD Early Adopter in 2024, contributing to the dissemination and development of both recommendations.
- TCFD: Task Force on Climate-related Financial Disclosures
- TNFD: Taskforce on Nature-related Financial Disclosures
Related Page
For more information on our group strategy “SOMPO Earth Positive Actions,” please see below.
Climate change and nature-related disclosures -Response to TCFD and TNFD Recommendations-
Detailed Report
Detailed reports aligned with the disclosure pillars of the TCFD and TNFD recommendations (governance, strategy, risk management, metrics and targets) are available below.
- Sustainability Case Studies
* “Response to TCFD and TNFD Recommendations” (pp. 43–59)
