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Sompo Holdings Inc

Common Name
Sompo Holdings
Country
Japan
Sector
Financial Services
Industry
Insurance - Property & Casualty
Employees
54,106
Ticker
8630
Exchange
TOKYO STOCK EXCHANGE
Description
Sompo Holdings Inc. is a prominent player within the financial industry, specifically in the insurance sector. Headquartered in Tokyo, Japan, the company is one of the leading providers of property an...

Sompo Holdings's GHG Emissions Data Preview

In 2024, 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)202420232022
2021 - 2017
Total Scope 1
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Total Scope 2
Market-Based
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Location-Based
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Unspecified Calculation Method
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Total Scope 3
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Total Scope 1 Revenue Intensity (tCO2e/$M)
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Limited Data Preview
You are viewing a limited preview of Sompo Holdings’s GHG emissions dataset. The full dataset, available for download, includes Scope 1, 2, and 3 emissions with detailed category-level breakdowns, historical coverage back to 2019, and revenue-based intensity metrics for each scope.
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Verified Sources Behind Sompo Holdings’s Greenhouse Gas (GHG) Emissions Data

Every figure on this dashboard has a transparent audit trail. With Tracenable, each data point is traceable back to its original source, viewable directly inside our platform. Explore Sompo Holdings’s data sources below and access millions more through our Disclosure Search.

a. Sompo Holdings's Webpage captured from company’s website 2024
b. Sompo Holdings's Sustainability Report 2024

Insights into Sompo Holdings's Operational Emissions

In 2024, the total operational greenhouse gas (GHG) emissions of Sompo Holdings amounted to 176,708 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 2023, the total operational greenhouse gas (GHG) emissions of Sompo Holdings decreased by 1.56%, 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

201920202021202220232024015 k30 k45 k60 ktCO2e-10%-11%+5%+11%-5%
  • Total Scope 1
  • Year-over-Year Change

What are Sompo Holdings's Scope 1 emissions?

In 2024, the total Scope 1 emissions of Sompo Holdings were 37,359 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 decreased by 11.58%, reflecting a declining long-term trend in Scope 1 emissions over time.ab

Compared to the previous year (2023), Sompo Holdings's Scope 1 emissions decreased by 4.97%, highlighting the company's efforts to lower direct emissions from assets it owns or controls.a

What are Sompo Holdings's Scope 2 emissions?

In 2024, Sompo Holdings reported Scope 2 greenhouse gas (GHG) emissions of 128,650 tCO₂e using the market-based method and 139,349 tCO₂e using the location-based method.a

Has Sompo Holdings reduced its Scope 2 emissions over time?

Compared to the previous year (2023), Sompo Holdings's Scope 2 emissions (Location-Based) 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 2024, Sompo Holdings reported its Scope 2 emissions using the market-based method and using the location-based method.a

Sompo Holdings's Scope 2 Emissions Over Time

201920202021202220232024045 k90 k135 k180 ktCO2e
  • Total Scope 2 Location-Based
  • Total Scope 2 Market-Based
  • Total Scope 2 (Unspecified Calculation Method)

Insights into Sompo Holdings's Value Chain Emissions

In 2024, Sompo Holdings reported 140,344 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 2024 disclosure of Sompo Holdings includes a breakdown across 6 of the 15 Scope 3 categories defined by the GHG Protocol, down from 7 in 2023, 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

2019202020212022202320240600 k1.2 M1.8 M2.4 MtCO2e-11%-1%-10%+5%-92%
  • Total Scope 3
  • Year-over-Year Change

What are Sompo Holdings's Scope 3 emissions?

In 2024, Sompo Holdings reported total Scope 3 emissions of 140,344 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 93.72%, reflecting a declining long-term trend in Scope 3 emissions over time.ab

Compared to the previous year (2023), Sompo Holdings's Scope 3 emissions decreased by 92.49%, 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 2024, 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 2024, the largest contributors to Sompo Holdings's Scope 3 emissions were:a

  • Fuel- and Energy-Related Services (Cat. 3): 34,806 tCO₂e (24.8%)
  • Business Travel (Cat. 6): 24,402 tCO₂e (17.39%)
  • Purchased Goods and Services (Cat. 1): 23,309 tCO₂e (16.61%)

Sompo Holdings's Scope 3 Emissions by Categories

Purchased Goods andServices (Cat. 1)(16.6%)Business Travel(Cat. 6)(17.4%)Fuel- andEnergy-RelatedServices (Cat. 3)(24.8%)

Insights into Sompo Holdings’s GHG Emissions Intensity Compared to Industry Peers

In 2024, Sompo Holdings reported Scope 1 greenhouse gas (GHG) emissions of 37,359 tCO₂e and total revenues of USD 31,857 millions. This translates into an emissions intensity of 1.17 tCO₂e per millions USD.a

Sompo Holdings's Scope 1 Emissions Intensity Compared to Peers

2050010,000200,0005,000,000Scope 1 Emissions (tCO2e)1005005,00020,000200,000Revenues (Millions of USD)MTSKS7MMMizuho Financial GroupYear: 2024Scope 1: 10,427 tCO2eRevenue: $M 19,618Scope 1 Intensity: 0.53 tCO2e/$MJapan Post InsuranceYear: 2024Scope 1: 10,369 tCO2eRevenue: $M 17,934Scope 1 Intensity: 0.58 tCO2e/$MTTT&D HoldingsYear: 2024Scope 1: 1,653 tCO2eRevenue: $M 15,207Scope 1 Intensity: 0.11 tCO2e/$MSSSumitomo Mitsui Trust GroupYear: 2023Scope 1: 4,472 tCO2eRevenue: $M 8,547Scope 1 Intensity: 0.52 tCO2e/$MDai-ichi Life HoldingsYear: 2024Scope 1: 26,068 tCO2eRevenue: $M 69,256Scope 1 Intensity: 0.38 tCO2e/$MMarui GroupYear: 2025Scope 1: 9,003 tCO2eRevenue: $M 1,696Scope 1 Intensity: 5.31 tCO2e/$MSMBC GroupYear: 2025Scope 1: 13,570 tCO2eRevenue: $M 33,781Scope 1 Intensity: 0.40 tCO2e/$MMitsubishi HC CapitalYear: 2024Scope 1: 3,093 tCO2eRevenue: $M 12,882Scope 1 Intensity: 0.24 tCO2e/$MZenkoku HoshoYear: 2024Scope 1: 43 tCO2eRevenue: $M 341Scope 1 Intensity: 0.13 tCO2e/$MTokio Marine HoldingsYear: 2024Scope 1: 12,517 tCO2eRevenue: $M 46,758Scope 1 Intensity: 0.27 tCO2e/$MResona HoldingsYear: 2024Scope 1: 4,321 tCO2eRevenue: $M 5,081Scope 1 Intensity: 0.85 tCO2e/$MKKKyoto Financial GroupYear: 2024Scope 1: 1,560 tCO2eRevenue: $M 746Scope 1 Intensity: 2.09 tCO2e/$MShinkin Central BankYear: 2024Scope 1: 1,367 tCO2eRevenue: $M 1,548Scope 1 Intensity: 0.88 tCO2e/$MSSSBI HoldingsYear: 2024Scope 1: 1,071 tCO2eRevenue: $M 7,993Scope 1 Intensity: 0.13 tCO2e/$MJapan Post BankYear: 2024Scope 1: 4,007 tCO2eRevenue: $M 12,709Scope 1 Intensity: 0.32 tCO2e/$MHachijuni Nagano BankYear: 2024Scope 1: 3,380 tCO2eRevenue: $M 1,109Scope 1 Intensity: 3.05 tCO2e/$MKyushu Financial GroupYear: 2024Scope 1: 1,656 tCO2eRevenue: $M 1,232Scope 1 Intensity: 1.34 tCO2e/$MHirogin HoldingsYear: 2023Scope 1: 1,457 tCO2eRevenue: $M 941Scope 1 Intensity: 1.55 tCO2e/$M7777 BankYear: 2024Scope 1: 1,150 tCO2eRevenue: $M 942Scope 1 Intensity: 1.22 tCO2e/$MCredit SaisonYear: 2024Scope 1: 822 tCO2eRevenue: $M 2,775Scope 1 Intensity: 0.30 tCO2e/$MHokuhoku Financial GroupYear: 2023Scope 1: 3,689 tCO2eRevenue: $M 1,229Scope 1 Intensity: 3.00 tCO2e/$MORIXYear: 2025Scope 1: 942,714 tCO2eRevenue: $M 12,198Scope 1 Intensity: 77.28 tCO2e/$MMS&AD Insurance Group HoldingsYear: 2024Scope 1: 14,370 tCO2eRevenue: $M 41,858Scope 1 Intensity: 0.34 tCO2e/$MSompo HoldingsYear: 2024Scope 1: 37,359 tCO2eRevenue: $M 31,857Scope 1 Intensity: 1.17 tCO2e/$M

How does Sompo Holdings's GHG emissions intensity compare to its peers?

In 2024, Sompo Holdings reported a Scope 1 emissions intensity of 1.17 tCO₂e per millions USD. Compared to the peer group median of 0.53, 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 2024, Sompo Holdings ranked 16 out of 23 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 2024, Sompo Holdings reported a total carbon footprint of 317,052 metric tons of CO₂ equivalent (tCO₂e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 84.53% decrease compared to 2023, 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 44.27% of the company's total carbon footprint, followed by Scope 2 emissions at 43.95%.a

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