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The Sampo Group companies monitor their environmental performance as well as climate change related risks and opportunities and are committed to developing their processes and reporting in line with the TCFD recommendations.
In response to increased demand for climate-related financial information and a common standard for reporting, the Financial Stability Board created the Task Force on Climate-related Financial Disclosures (TCFD). Sampo Group follows the TCFD recommendations and strives to report transparently on the climate change mitigation and adaptation measures the Group companies are taking.
The Group’s guiding policy on climate, biodiversity, and environment is the Sampo Group Code of Conduct. The Code of Conduct is reviewed annually and approved by Sampo plc’s Board of Directors. In addition, each Group company has adopted supplementary policies and guidelines for their own purposes. The work is also driven by the Group’s involvement in various initiatives (e.g., Global Compact), reporting frameworks (e.g., TCFD, PRI), and internal and external stakeholder demand.
The Group companies aim to improve and monitor their environmental and climate performance as follows: