Initiatives and External Assessment

The MS&AD Insurance Group strives to carry out corporate activities with respect to the principles of the UN Global Compact. Furthermore, the Group is involved in the operation and activities of the Global Compact Network Japan, a local network of the UN Global Compact, by serving as an organizer of working sessions.

* An initiative advocated by the former UN Secretary-General Kofi Annan in 1999. It requires global companies to comply with and practice 10 principles related to human rights, labor, environment, and anti-corruption.

The MS&AD Insurance Group has been seeking out what are the best practices for financial institutions that take into account environmental and social sustainability, and it has been participating in the United Nations Environment Programme Finance Initiative (UNEP FI) to disseminate and promote these best practices. Our Company has signed on to the Principles for Sustainable Insurance (PSI) and the Principles for Responsible Investment (PRI) published by UNEP FI.

Signatory to the Principles for Sustainable Insurance (PSI) and the Principles for Responsible Investment (PRI)

In October 2011, “Principles for Financial Action toward a Sustainable Society in the 21st Century (PFA21)” and “Business-specific Guidelines (insurance, deposits, loans and leases, investment management, securities and investment banking)” were released in Japan as action guidelines for financial institutions that wish to fulfill their responsibilities and roles in building a sustainable society.

MS&AD Holdings, Mitsui Sumitomo Insurance, Aioi Nissay Dowa Insurance, Mitsui Direct General Insurance, Mitsui Sumitomo Aioi Life Insurance, Mitsui Sumitomo Primary Life Insurance, and MS&AD InterRisk Research & Consulting have signed, showing their intent to follow these principles.

Mitsui Sumitomo Insurance and Aioi Nissay Dowa Insurance, from the perspective of fulfilling their social responsibility as institutional investors, have announced their support for Japan’s Stewardship Code, a code of behavior laid out for institutional investors.

Our Policies According to Japan’s Stewardship Code

The Task Force on Climate-related Financial Disclosures (TCFD) is working on developing a framework for companies and other organizations to disclose climate-related information. The Group is promoting information disclosures in line with its recommendations.

Climate/Nature-related Financial Disclosure

The MS&AD Insurance Group is a member of the PCAF, which has been developing measurement/disclosure methods for GHG emissions related to loans/investments and insurance portfolios.
We will promote the measurement and disclosure of GHG emissions by financial institutions with the aim of contributing to emissions reduction across society as a whole. And we will also contribute to the realization of a net-zero society by measuring and disclosing our GHG emissions of investment and underwriting portfolios.

The CDP (formerly known as the Carbon Disclosure Project) is an independent nonprofit organization with the world’s largest database for corporate measures against climate changes, and corporations and organizations around the world have disclosed their greenhouse gas emissions and measures against climate change through CDP. The MS&AD Insurance Group subscribes to CDP’s approaches and continuously submits new data.

In June 2020, we subscribed to the “Declaration on Challenge Zero” released by Keidanren (Japan Business Federation in support of achieving net zero regarding greenhouse gas emissions as early as possible, in line with the goal of the Paris Agreement.

The MS&AD Insurance Group has signed up to the Japan Climate Initiative. The Initiative was launched in 2018 with the aim of enhancing Japan’s efforts to address climate change and sharing information on such efforts with the rest of the world. Under the Initiative, companies, local governments and NGOs that are actively engaged in climate change actions to cooperate toward achieving the goal.

We support the “Paris Agreement,” which countries all around the world affirmed in December 2015 to tackle climate change, and we have signaled our intention to work toward this goal by signing the “Paris Pledge for Action.”

The MS&AD Insurance Group is taking part in activities of Taskforce on Nature-related Financial Disclosures (TNFD: Taskforce on Nature-related Financial Disclosures), which is aimed at promoting nature-positive financial flow. We have also established and have been operating the TNFD Consulting Group of Japan, a forum for promoting understanding of TNFD, etc.

We participate in the TNFD Forum, which is made up of companies and organizations that support the TNFD's objectives and development work. We also established and convene the TNFD’s Consultation Group in Japan, which promotes understanding of the TNFD framework among TNFD Forum members in Japan.

In regards to conservation of biodiversity and sustainable use of biological resources, MS&AD Holdings has been serving as the chair company of the Japan Business Initiative for Biodiversity (JBIB), which brings companies together for joint research projects on biodiversity, since JBIB’s founding in April 2008.

The association was established with the purpose of encouraging businesses to work toward development of a symbiotic society in harmony with communities’ local flora and fauna, such as certification of corporate green space in consideration of biodiversity (ABINC certification). MS&AD InterRisk serves as the association’s secretariat.

In February 2023, the Group formed a financial alliance with the Sumitomo Mitsui Financial Group, the Norinchukin Bank, and the Development Bank of Japan, with the aim of becoming nature positive.
The alliance provides support services to companies committed to following the recommendations of the Taskforce on Nature-related Financial Disclosures (TNFD) and provide them with information on solutions to promote nature positivity.

In order to contribute to realization of 30by30, a global target of designating at least 30% of the world’s land and oceans as protected/conserved areas by 2030, the MS&AD Insurance Group has been taking part in the 30by30 Alliance for Biodiversity headed by the Ministry of the Environment. The Group is working to contribute to realization of the target by promoting conservation of its own green zone.

Mitsui Sumitomo Insurance Surugadai Green Spaces as OECMs / Corporate Green Space Support Package

This platform was established to promote green infrastructure through both physical and policy-based measures in areas such as social capital development and land use. We are active in the platform subcommittees relating to planning and public relations as well as finance.

In June 2020, the MS&AD Insurance Group subscribed to the purpose of Business for Nature, a global coalition which calls on governments to adopt ambitious nature and environmental policies.

We participated in the Plastics Smart campaign promoted by the Ministry of the Environment and joined the Plastics Smart Forum in July 2019. We will tackle the problem of plastic waste more actively than ever before.

In May 2019, in line with the company’s vision, the MS&AD Insurance Group Holdings became a member of the 30% Club Japan, part of a global campaign aimed at developing female board members. Regarding gender diversity as an urgent business issue that companies need to address, and placing importance on diversity among decision-makers, the Company has been mounting efforts to cultivate female executives within the Group.

Diversifying of Decision-making Layers

The Group participates in and supports the basic principles of the GX League, which engages in discussions aimed at transforming Japan’s entire economic and social system and putting new markets into practice. We also participate in the GX Management Promotion Working Group, which is part of the GX League's efforts to form rules for new market creation.

This institute is developing professionals capable of assessing GHG emissions across entire supply chains and formulating concrete reduction plans. As a board member and special supporting member of the initiative, Group company Aioi Nissay Dowa Insurance is helping to advance corporate efforts toward achieving carbon neutrality.

Established in 2024 by Mitsui Sumitomo Insurance and NEC Corporation, this initiative aims to advance adaptive finance that mitigates the impacts of climate change. By leveraging digital technologies to predict and analyze adaptation value—such as disaster-risk-reduction and environmental benefits—it seeks to promote the development of financial instruments including insurance, bonds, and loan schemes, and to realize their implementation in society.

In 2025, five Japanese companies, including the Group, launched this group as a working group in collaboration with the Alliance for Water Stewardship (AWS), headquartered in Scotland, with the aim of promoting responsible water resource management at the river basin level. It seeks to create an environment that enables companies to collaborate across industries in conserving water resources within their watersheds.

We have registered as an official supporter of the Japanese government’s River Basin Disaster Resilience and Sustainability by All initiative—a new approach to flood management aimed at protecting people’s lives and livelihoods from increasingly severe and frequent water-related disasters.

We support the Tokyo Metropolitan Government’s “Rainwater Infiltration Project,” which promotes urban rainwater retention and infiltration into the ground (rainwater runoff control) to help mitigate flood damage caused by extreme rainfall events linked to climate change. As a project ambassador, we work with the metropolitan government and conduct awareness-raising activities to build flood-resilient communities. Notably, the Mitsui Sumitomo Insurance Surugadai Building is equipped with a 3,500-ton rainwater storage tank, contributing to local rainwater retention efforts.

To explore and promote best practices for insurance and financial institutions that take environmental and social sustainability into account, we participate in the United Nations Environment Programme Finance Initiative (UNEP FI).