Sompo Holdings Inc
Sompo Holdings's Climate Target Data Preview
As of 2024, Sompo Holdings has disclosed 2 climate targets aimed at reducing its greenhouse gas (GHG) emissions. These include 2 absolute reduction targets, signaling the company’s commitment to managing and lowering its carbon footprint over time. The targets span various emissions scopes and time horizons, offering insight into Sompo Holdings ’s climate strategy, ambition level, and alignment with global decarbonization goals.
| Target Type | Scope of Target | Unit | Target | Target Year |
|---|---|---|---|---|
Absolute-based Target | Scope 3 - Investments (Cat. 15) | Metric Tonnes of CO2 equivalent (mtCO2e) | Copy restricted. Please purchase to unlock this data.  a | 2025 |
Absolute-based Target | Scope 1 - Total, Scope 2 - Total, Scope 3 - Purchased Goods and Services (Cat. 1), Scope 3 - Fuel- and Energy-Related Services (Cat. 3), Scope 3 - Upstream Transportation and Distribution (Cat. 4), Scope 3 - Waste Generated in Operations (Cat. 5), Scope 3 - Business Travel (Cat. 6), Scope 3 - Employee Commuting (Cat. 7) | Metric Tonnes of CO2 equivalent (mtCO2e) | Copy restricted. Please purchase to unlock this data.  a | 2030 |
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Verified Sources Behind Sompo Holdings’s Climate Targets Data
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Insights into Sompo Holdings's Greenhouse Gas Emissions Pathways
As of 2024, Sompo Holdings has set greenhouse gas (GHG) emissions reduction targets that cover its value chain emissions (Scope 3), without dedicated targets for its operational emissions. This indicates a focus on upstream and downstream climate impacts rather than internal operations. a
Does Sompo Holdings have a target to reduce the emissions from its value chain?
As of 2024, Sompo Holdings has set a target to reduce its value chain greenhouse gas (GHG) emissions, covering 1 out of the 15 Scope 3 categories defined by the GHG Protocol. a
Sompo Holdings's most ambitious value chain target is to reduce these emissions by 25% by 2025, compared to a baseline of 2,072,536 Metric Tonnes of CO2 equivalent (mtCO2e) in 2019. a
As of 2022, Sompo Holdings is ahead of schedule on its value chain emissions reduction target, having achieved 82.88% of the planned reduction. a
Sompo Holdings's Value Chain (Scope 3) Emissions Pathway
Does Sompo Holdings have a target to reduce its total carbon footprint?
As of 2024, Sompo Holdings has set a target to reduce its total carbon footprint, specifically those from Scope 1, Scope 2 and Scope 3 sources. a
Sompo Holdings's most ambitious carbon footprint target is to reduce its scope 1, 2 and 3 emissions from a baseline of 412,771 Metric Tonnes of CO2 equivalent (mtCO2e) in 2017, by 60% by 2030. a
As of 2023, Sompo Holdings is lagging behind on its total carbon footprint reduction target, having achieved 42.75% of the planned reduction. a