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Climate and Environment
Sampo Group is committed to protecting the environment and combatting climate change. The Group companies also support the Paris Climate Agreement.
TCFD recommendations
Sampo Group is committed to developing its processes and reporting in line with recommendations of the Task Force on Climate-related Financial Disclosures (TCFD) created by the Financial Stability Board (FSB). The Group strives to report transparently, for example, on the environmental activities and performance of the Group companies as well as on climate change related risks and opportunities.
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.
Climate and Environmental Policy
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:
- By integrating environmental and climate considerations into own operations and business activities
- By reducing the consumption of resources (e.g., energy, water, etc.) and improving the efficient use of those resources
- By reducing pollution, emissions, and waste generated from business operations, while incorporating the concepts of reduction, re-use, and recycling
- By consulting and cooperating with stakeholders on environmental and climate-related issues
- By promoting and undertaking initiatives to encourage greater environmental responsibility and a sustainable future
- By working to raise awareness on biodiversity loss
Training and awareness-raising
All Group companies have programmes to promote environmentally friendly offices. The aim is to address environmental aspects through different measures and inspire employees to make environmentally sound choices both at work and in their personal life. The programmes consist of, for example, plans and targets for the office properties, but also e-courses as well as different campaigns highlighting climate and environment.
Governance
Strategy
Risk Management
Metrics and Targets