Sustainability
“Providing Peace of Mind,” as articulated in the Mission Statement, the Toa Re Group has been promoting initiatives to realize a sustainable society through all its business activities.
Amid the increasing severity of climate change and other global issues, sustainability initiatives have become a critical issue for the entire world.
Therefore, the Group has formulated Sustainability Vision as below.
Sustainability Vision
The Group is committed to promote activities to contribute to achieving sustainable society through its reinsurance business and other business activities and strive for the sustainable enhancement of corporate value, thereby contributing to the resolution of such social issues.
Prioritized SDGs
In promoting our efforts to realize a sustainable society, we have identified 6 of the 17 goals listed in the SDGs that we should prioritize due to their close relationship to our business.
Material Issues
As we move forward with our efforts to tackle material issues related to the prioritized SDGs, we determined “Promotion of climate change countermeasures”,“Respect for human rights and promotion of D&I” and “Strengthening of internal control” as issues we should address.
■ Promotion of climate change countermeasures (Environment)
The adverse effects of climate change, including the intensification of natural disasters, pose threats to the safety and security of society. Considering the Group’s mission of “Providing Peace of Mind,” addressing climate change is a critical challenges inevitable for us.
We will contribute to realizing a decarbonized society by working to reduce CO2 emissions from our business operations as well as our reinsurance underwriting and asset management.
■ Respect for human rights and promotion of D&I (Society)
Respect for human rights is a material issue that should be reflected in all our business activities. In addition, creating a corporate culture that enables all group staff members to leverage their diverse backgrounds and fully exercise their capabilities is essential for our sustainable growth.
We will work to prevent any types of infringement of human rights through our business operations and create an environment in which all staff members of the Group can maximize their potential and play an active role, regardless of gender, sexual orientation, gender identity, race, ethnicity, age, religion, nationality, disability or any other attributes.
■ Strengthening of internal control (Governance)
In order to gain more trust from stakeholders and enhance our corporate value sustainably, it is essential to strengthen our internal control system for appropriate management structure.
We will practice sound corporate management with fairness and integrity by strengthening internal controls, including systems for compliance of laws and rules, fraud prevention, risk management, and information security.