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 Waste Data Preview

In 2023, Sompo Holdings conducted an environmental assessment and disclosed corporate waste management data in accordance with recognized sustainability reporting standards. The company provided a breakdown of its waste by treatment method (recovery vs disposal), enabling greater transparency into its waste handling and environmental practices.

Metric (tonnes)2023202220212020 - 2017
Total Waste Generated
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a
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0000000
Total Waste Recovered
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a
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a
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a
0000000
Total Hazardous Waste Generated
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0000000
Non-Hazardous Waste Disposed
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0000000
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Verified Sources Behind Sompo Holdings’s Waste Management Data

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a. Sompo Holdings's Sustainability Report 2024
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Insights into Sompo Holdings's Waste Treatment Practices

In 2023, Sompo Holdings generated a total of 19,504 metric tonnes of waste. a

Of this amount, 27.16% of Sompo Holdings's total waste generated was recovered through methods such as recycling, reuse, or composting, while 72.84% was disposed of through landfilling, incineration, or combustion. a

Sompo Holdings's Waste Recovery Rate

27%

How much of Sompo Holdings's waste is recycled or recovered?

In 2023, Sompo Holdings reported a total waste generation of 19,504 metric tonnes, of which 27.16% was recovered through recycling, reuse, or composting. This moderate level of recovery indicates that Sompo Holdings is taking steps toward improving its waste diversion practices, though there is still room to enhance recycling and recovery efforts. a

Has Sompo Holdings reduced its environmental waste footprint over time?

Since 2018, Sompo Holdings's total waste generation decreased by 10.02%, yet rose by 1.14% in 2023, potentially indicating a temporary operational shift or inconsistency in waste management outcomes. a

Over the same period, Sompo Holdings's waste recovery rate declined by 17.66%, with a further 15.11% drop in 2023, underscoring a weakening in waste diversion performance and a potential drift away from circular waste strategies. a

Overall, Sompo Holdings had been making progress in reducing waste, but recent increases in waste and simultaneous drops in recovery point to emerging risks or disruptions in waste management strategy.

Sompo Holdings’s Waste Recovery vs. Disposal Over Time

20182019202020212022202305.5 k11 k16.5 k22 ktonnes
  • Total Waste Disposed
  • Total Waste Recovered
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