Sumitomo Life Insurance Co 2024 Annual Report with Sustainability Disclosures
Company: Sumitomo Life Insurance Co
Sector: Finance & insurance
Country: Japan
Year: 2024
Type: Annual Report with Sustainability Disclosures
Pages: 182
The report presents Sumitomo Life's fiscal 2023 group strategy centered on well-being, expansion beyond insurance, and human capital development. It defines five sustainability materialities and describes governance, climate change, responsible investment, biodiversity, human rights, and employee initiatives. The report sets a group-wide net-zero GHG ambition for 2050 and a 50% Scope 1+2+3 reduction target for 2030 against FY2019. It also reports FY2022 Group GHG results and details the Group's TCFD-based climate governance and scenario analysis.
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