Sustainability Governance
The Company has established a system of sustainability governance whereby Executive Officers and Senior Vice Presidents execute measures in line with Group-wide strategies and policies aimed at realizing SOMPO’s Purpose, and the Board of Directors monitors their performance.
The Group Chief Sustainability Officer (Group CSuO) is in overall charge of sustainability at the Group, and is responsible for formulating and executing strategies related to sustainable management, and for overseeing the sustainability functions of the entire Group.
With regard to the promotion structure, the Group Sustainable Management Committee (hereinafter referred to as "the Committee") is positioned as the parent organization for promoting sustainability throughout the Group. The Committee, whose members include the sustainability officers and the executive officer in charge of Corporate Planning Department of
Sompo Japan, Sompo International, Sompo Himawari Life, and Sompo Care, with the participation (as observers) of the Group CFO (director), discusses and makes decisions on material sustainability issues, including climate change.
The Committee also drives the sustainability initiatives of the entire Group; to this end, it monitors the progress of and identifies potential issues in implementation plans formulated by Group companies.
We established four working groups under the umbrella of the Committee: Investment, Underwriting, Business and Human Rights, and Environmental Management, We are thus building a system to advance information sharing and policy implementation based on the consideration of individual issues and the content of the discussions of the Committee.
The matters discussed by the Committee are then presented to the Group Executive Committee (Group ExCo), the Group’s highest executive committee, leading to higher quality decision-making. The Board of Directors (including at preliminary briefing meetings) also receives reports on the discussions held by Group ExCo, thereby increasing the effectiveness of its supervisory functions.
