Political involvement and lobbying
In accordance with the Sampo Group Code of Conduct, political involvement of any kind is prohibited if it is being done on the company’s behalf.
Sampo Group employees have the right to participate in political activities and may volunteer their own time and resources to support the candidates and political parties of their choice. However, these activities must in no way suggest that Sampo Group or any of the Group companies are supporting or financing the political candidate or party in question
Sampo Group supports the transparency and integrity of lobbying practices to openly declare the Group companies’ business interests and to prevent any conflict of such practices with public international conventions (e.g. ILO, OECD) or Sampo Group’s commitments (e.g. UN Global Compact, UN PRI).
The Sampo Group companies must not obtain or try to obtain information or any decision in a dishonest manner, or to misrepresent themselves with the aim of misleading third parties and/or employees of public authorities. Furthermore, the Group companies must ensure they do not induce any employees of public authorities to contravene the rules of behaviour that are applicable to them and ensure they respect their obligation of confidentiality.
The Group companies may engage either directly or indirectly with policymakers on relevant topics. However, it should be noted that activities influencing policy must be aligned with Sampo Group’s principles and public commitments.
Sampo plc and its subsidiaries are members of industry associations such as Finance Finland, Insurance Sweden, Finance Norway, Insurance and Pension Denmark and the Confederation of Finnish Industries. The companies seek to influence policy and legislation, for example, EU Sustainable Finance Action Plan, Solvency II, and national legislation, primarily through active participation in the work of industry association committees.
Contributions and other spending, EUR
|Lobbying, interest representation, or similar||335,465||391,381|
|Local, regional, or national political campaigns / organisations / candidates||0||0|
|Trade associations or tax-exempt groups (e.g. think tanks)||4,571,930||4,625,072|
|Other (e.g. spending related to ballot measures or referendums)||0||0|
|Sampo Group, total||4,907,395||5,016,453|
Political contributions*, EUR
|Sampo Group, total||0||0||0|
* Political involvement of any kind (e.g. participation in political activities and direct or indirect political contributions, such as financial donations, loans, charitable contributions, sponsorships, and support of organisations funding political campaigns/parties) being done on the company’s behalf.
Contribution to industry associations, EUR
|Insurance and Pension Denmark||2,351,285||2,303,957||2,242,449|