Climate Change Data

Environmental Metrics

ESG Focus Areas

• Climate Change
• Social Equity
• Governance

Environmental Achievements

• Joined the Net-Zero Insurance Alliance (NZIA) to achieve net-zero GHG emissions in its underwriting portfolio by 2050.
• Strengthened policy on ESG-related insurance underwriting, investment, and loan to promote GHG reductions and energy transition.

Social Achievements

• Advancing Social Equity including human rights issues through dialogue and partnerships with customers and stakeholders.
• Commitment to respecting fundamental human rights of all stakeholders.

Governance Achievements

• Established a Group Sustainability Vision and other policies to ensure each company fulfills its corporate social responsibility.
• Proactive and fair disclosure of transparent information to society regarding progress toward achieving goals, in accordance with TCFD and other disclosure standards.

Climate Goals & Targets

Environmental Challenges

• Achieving net-zero GHG emissions by 2050 across underwriting, investments, and operations.

Mitigation Strategies

• Joining NZIA, NZAOA, and NZAM; Strengthened ESG-related underwriting, investment, and loan policy; promoting renewable energy and green technologies; engaging with business partners and investees to reduce GHG emissions.

Supply Chain Management

Responsible Procurement

• Considering Group’s Sustainability related vision and policies when entering into new partnerships with business partners.

Climate-Related Risks & Opportunities

Opportunities

• Insurance of and investments in renewable energy and other innovative green technologies

Reporting Standards

Frameworks Used: TCFD, UN Principles for Sustainable Insurance (PSI), Principles for Responsible Investment (PRI)

Sustainable Products & Innovation

• Renewable energy and other innovative green technologies