
Sustainability programme
Sampo Group has a sustainability programme, which drives group-level sustainability work. The programme consists of five strategic sustainability themes: Business management and practices, Corporate culture, Investment management and operations, Products and services, and Communities. Under each theme the most material sustainability topics have been identified using materiality analysis. The selected material topics include areas that are especially important to a company operating in the insurance industry. In addition, they link to Sampo Group’s overall business and are seen as important by the Group’s various stakeholders.
Representatives from all Sampo Group companies have been involved in drafting the programme and analysing the material topics. In addition, regulatory requirements regarding current and future sustainability reporting, feedback from investors and personnel, industry best practices, relevant reporting frameworks (e.g., the GRI Standards, the TCFD), and the views of various ESG rating agencies have been taken into account. The sustainability programme also links the Group’s sustainability work to UN Sustainable Development Goals, most notably the goals 3, 5, 8, 12, and 13.
The sustainability programme is intended as a common tool and guideline for the Group companies’ sustainability organisations. The programme evolves, as common projects are completed and targets reached, or new priorities emerge. Every three years the programme undergoes a bigger update.
All themes and topics of Sampo Group’s current sustainability programme are presented in the tables below. The tables also show the most material goals and indicators which are chosen to monitor the Group’s performance against each goal.
Objective: Sampo Group ensures sustainability in governance and business operations.
Material topics | Main goals | Indicators monitored at the group level |
Anti-corruption and bribery |
Sampo Group
|
Sampo Group
|
Anti-money laundering and counter-terrorist financing |
Sampo Group
|
Sampo Group
|
Data Privacy |
Sampo Group
|
Sampo Group
|
Information security and cybersecurity |
Sampo Group
|
Sampo Group
|
Human rights and labour practices |
Sampo Group
|
Sampo Group
|
Environmental impacts of group operations |
Sampo Group
If
Topdanmark
Hastings
|
Sampo Group
If
Topdanmark
|
Objective: Sampo Group provides a non-discriminatory corporate culture promoting employee well-being, diversity and inclusion, and professional development. Sampo Group’s corporate culture and employer image attract and retain talent.
Material topics | Main goals | Indicators monitored at the group level |
Empowering working environment |
Sampo Group
If
Topdanmark
Hastings
|
Sampo Group
If
Topdanmark
Hastings
|
Diversity, equity, and inclusion |
Sampo Group
If
Topdanmark
Hastings
Sampo plc
|
If
Topdanmark
Hastings
Sampo plc
|
Health and well-being |
Sampo Group
If
Topdanmark
|
Sampo Group
|
Competence development |
Sampo Group
|
Sampo Group
|
Remuneration |
Sampo Group
|
Sampo Group
|
Objective: Sampo Group integrates ESG criteria (including climate change) into its investment management and operations across asset classes.
Material topics | Main goals | Indicators monitored at the group level |
Responsible investment strategies across asset classes |
Sampo Group
Hastings
|
If and Sampo plc
Topdanmark
Hastings
|
Carbon footprint and climate impact of investments |
Sampo Group
If
Topdanmark
Hastings
|
Sampo Group
Hastings
|
Objective: Sampo Group integrates ESG criteria (including climate change) into its insurance underwriting and supply chain management.
Material topics | Main goals | Indicators monitored at the group level |
Sustainable underwriting |
Sampo Group
Topdanmark
|
If
Topdanmark
|
Sustainable supply chain management |
Sampo Group
If
Topdanmark
|
If
Topdanmark
|
Sustainable sales and marketing practices |
Sampo Group
|
If
Topdanmark
Hastings
|
Customer satisfaction |
Sampo Group
If
Topdanmark
Hastings
|
If
Topdanmark
Hastings
|
Objective: Sampo Group provides safety, well-being, and financial security in the society.
Material topics | Main goals | Indicators monitored at the group level |
Stakeholder engagement |
Sampo Group
|
Sampo Group
|
Donations and other humanitarian efforts |
Sampo Group
|
Sampo Group
|
Tax footprint |
Sampo Group
|
Sampo Group
|
Updated