Group Management Philosophy, SOMPO’s Purpose, and Materiality

Group Management Philosophy

We will at all times carefully consider the interests of our customers when making decisions that shape our business. We will strive to contribute to the security, health, and wellbeing of our customers and society as a whole by providing insurance and related services of the highest quality possible.

SOMPO’s Purpose

With “A Theme Park for Security, Health and Wellbeing”, create a society in which every person can live a healthy, prosperous and happy life in one’s own way.

〈Social value delivered by SOMPO〉
Protect people from future risks facing the society
Create a future society for healthy and happy lives
Foster the ability to change the future society with diverse talents and connections

Materiality

In considering the SOMPO’s Purpose, the story of value creation to realize the Purpose, and the new medium-term management plan, our company thoroughly discussed what social issues to address and what value to provide, taking into consideration our strength and resources, based on analysis of medium- and long-term megatrends and identification of social issues.
In addition, based on international norms such as the United Nations Global Compact and ISO 26000, we have comprehensively identified social issues which are important to stakeholders, and have identified the Seven Materiality to be addressed as priority issues. In the future, we will manage progress based on KPIs set for each Materiality, and steadily implement the PDCA cycle to achieve the Purpose.