Sompo Holdings Inc
Sompo Holdings's GHG Emissions Data Preview
In 2023, Sompo Holdings completed a corporate carbon footprint assessment and publicly disclosed its greenhouse gas (GHG) emissions according to the GHG Protocol, covering Scope 1 (direct emissions from owned or controlled sources), Scope 2 (indirect emissions from purchased energy) and Scope 3 (indirect emissions across the value chain).
Sompo Holdings has also provided a category-level breakdown for 7 out of 15 Scope 3 emissions categories, offering greater transparency into its value chain emissions.
| Metric (tCO2e) | 2023 | 2022 | 2021 | 2020 - 2017 |
|---|---|---|---|---|
Total Scope 1 | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | 0000000 |
Total Scope 2 | ||||
Unspecified Calculation Method | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | 0000000 |
Total Scope 3 | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | 0000000 |
Total Scope 1 Revenue Intensity (tCO2e/$M) | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | 0000000 |
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Verified Sources Behind Sompo Holdings’s Greenhouse Gas (GHG) Emissions Data
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Insights into Sompo Holdings's Operational Emissions
In 2023, the total operational greenhouse gas (GHG) emissions of Sompo Holdings amounted to 167,365 metric tons of CO2 equivalent. This figure includes both direct emissions from owned or controlled sources (Scope 1) and indirect emissions from purchased energy (Scope 2). a
Compared to 2022, the total operational greenhouse gas (GHG) emissions of Sompo Holdings decreased by 1.39%, showing that the company has made progress in taking action to reduce the climate impact of its operations. a
Sompo Holdings's Scope 1 Emissions Over Time
- Total Scope 1
- Year-over-Year Change
What are Sompo Holdings's Scope 1 emissions?
In 2023, the total Scope 1 emissions of Sompo Holdings were 39,311 metric tons of CO₂ equivalent (tCO₂e). a
Has Sompo Holdings reduced its Scope 1 emissions over time?
Since 2019, Sompo Holdings's Scope 1 emissions have increased by 13.08%, reflecting a rising long-term trend in Scope 1 emissions over time. a b
Compared to the previous year (2022), Sompo Holdings's Scope 1 emissions increased by 10.98%, suggesting that the company faced challenges in reducing emissions from its directly owned or controlled operations. a
What are Sompo Holdings's Scope 2 emissions?
In 2023, Sompo Holdings reported Scope 2 greenhouse gas (GHG) emissions of 128,054 tCO₂e without specifying the calculation method. a
Has Sompo Holdings reduced its Scope 2 emissions over time?
Since 2019, Sompo Holdings's Scope 2 greenhouse gas (GHG) emissions ( Unspecified Calculation Method) have decreased by 13.68%, reflecting a declining long-term trend in Scope 2 emissions over time. a b
Compared to the previous year (2022), Sompo Holdings's Scope 2 emissions (Unspecified Calculation Method) have remained relatively stable, indicating that Sompo Holdings 's emissions have plateaued with no significant change in its energy consumption footprint. a
What methodology does Sompo Holdings use for Scope 2 reporting?
In 2023, Sompo Holdings reported its Scope 2 emissions using an unspecified methodology. a
Sompo Holdings's Scope 2 Emissions Over Time
- Total Scope 2 (Unspecified Calculation Method)
Insights into Sompo Holdings's Value Chain Emissions
In 2023, Sompo Holdings reported 139,511 metric tons of CO₂ equivalent (tCO₂e) of Scope 3 greenhouse gas (GHG) emissions, representing indirect emissions across its upstream and downstream value chain. a
The 2023 disclosure of Sompo Holdings includes a breakdown across 6 of the 15 Scope 3 categories defined by the GHG Protocol, down from 7 in 2022, indicating a decline in reporting granularity and reduced insight into the company's full value chain emissions. a
Sompo Holdings's Scope 3 Emissions Over Time
- Total Scope 3
- Year-over-Year Change
What are Sompo Holdings's Scope 3 emissions?
In 2023, Sompo Holdings reported total Scope 3 emissions of 139,511 metric tons of CO₂ equivalent (tCO₂e). a
Approximately 100% of these emissions originated from upstream activities such as purchased goods and capital goods, while 0% came from downstream activities like product use, distribution, and end-of-life treatment. a
Has Sompo Holdings reduced its Scope 3 emissions over time?
Since 2019, Sompo Holdings's Scope 3 emissions have decreased by 93.62%, reflecting a declining long-term trend in Scope 3 emissions over time. a b
Compared to the previous year (2022), Sompo Holdings's Scope 3 emissions decreased by 92.17%, highlighting the company's efforts to lower indirect emissions from its value chain. a
What categories of Scope 3 emissions does Sompo Holdings disclose?
In 2023, Sompo Holdings reported emissions for 6 out of the 15 Scope 3 categories defined by the GHG Protocol. a
This partial disclosure allows for some insight into the company's indirect impacts.
What are the main sources of Sompo Holdings's Scope 3 emissions?
In 2023, the largest contributors to Sompo Holdings's Scope 3 emissions were: a
- Fuel- and Energy-Related Services (Cat. 3): 34,826 tCO₂e (24.96%)
- Business Travel (Cat. 6): 22,880 tCO₂e (16.4%)
- Purchased Goods and Services (Cat. 1): 22,168 tCO₂e (15.89%)
Sompo Holdings's Scope 3 Emissions by Categories
Insights into Sompo Holdings’s GHG Emissions Intensity Compared to Industry Peers
In 2023, Sompo Holdings reported Scope 1 greenhouse gas (GHG) emissions of 39,311 tCO₂e and total revenues of USD 32,572 millions. This translates into an emissions intensity of 1.21 tCO₂e per millions USD. a
Sompo Holdings's Scope 1 Emissions Intensity Compared to Peers
How does Sompo Holdings's GHG emissions intensity compare to its peers?
In 2023, Sompo Holdings reported a Scope 1 emissions intensity of 1.21 tCO₂e per millions USD. Compared to the peer group median of 0.71, this places the company above its industry benchmark, indicating it is less carbon-efficient than most competitors. a
Where does Sompo Holdings rank on GHG emissions intensity within its industry?
In 2023, Sompo Holdings ranked 15 out of 22 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e per millions USD). a
Sompo Holdings is therefore positioned in the mid-range of its industry, neither a clear leader nor a laggard in carbon efficiency. a
Insights into Sompo Holdings's Total Carbon Footprint
In 2023, Sompo Holdings reported a total carbon footprint of 306,876 metric tons of CO₂ equivalent (tCO₂e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 84.28% decrease compared to 2022, indicating progress in reducing its overall greenhouse gas output. a
The largest contributor to Sompo Holdings's total carbon footprint was Scope 3 emissions, accounting for 45.46% of the company's total carbon footprint, followed by Scope 2 emissions at 41.73%. a