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Sampo Group’s Corporate Responsibility Report for 2020 has been published

Sampo Group has published its Corporate Responsibility Report for 2020 on Sampo’s Annual Reporting site at www.sampo.com/year2020. Some of the biggest changes in the report compared to previous years are the deeper discussion around material topics with some additional key performance indicators, the gradual integration of Hastings into the report, and TCFD (Task Force on Climate-related Financial Disclosures) and SASB (Sustainability Accounting Standards Board) indices in the appendices.

Responding to COVID-19 was a primary focus for Sampo Group during 2020, but the group companies also took other corporate responsibility actions, for example:

  • If introduced a Supplier Code of Conduct, which was incorporated into purchasing agreements. If also recruited a diversity and inclusion manager and developed a maturity model to further systematize and guide the approach to diversity and inclusion.
  • Topdanmark strengthened the use of ESG considerations in its investment management. The company, for example, appointed an ESG asset manager, updated its active ownership policy, and started to conduct a quarterly ESG risk analysis of its equity holdings.
  • Hastings enhanced its responsible investment reporting and introduced negative screening for sensitive sectors. The company was also recognized in the 2020/2021 Inclusive Top 50 UK Employers list, alongside other organizations that are leading the promotion of diversity and inclusion for all.
  • Mandatum Life was selected as the best place to work in Finland in the large organization category of the Great Place to Work survey. The company also again received the highest overall score of A+ in the UN PRI’s assessment.
  • The parent company of Sampo Group, Sampo plc, received ESG rating upgrades from MSCI and ISS ESG. Sampo plc also launched a group-wide project on a more systematic integration of ESG considerations into insurance underwriting and product development.

- The year 2020 was challenging for everyone, from both business and personal perspectives. Regardless of the circumstances, we were able make progress in many important corporate responsibility sections, while at the same time keeping focus on customer service and ensuring employee well-being, says Johanna Tynkkynen, Head of Corporate Responsibility.

Sampo Group is committed to further strengthen its corporate responsibility efforts in close cooperation with the stakeholders. Sampo works continuously on integrating sustainability principles, such as those of the UN Global Compact, into the Group’s policies and business practices and wants to encourage its investee companies and other business partners to do the same.


For more information, please contact:

Johanna Tynkkynen, Head of Corporate Responsibility, tel. +358 10 516 0067

Distribution:
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www.sampo.com