Tokyo, Japan, January 10, 2012 --(PR.com
)-- NKSJ Holdings, Inc. (President and Co-CEO: Masatoshi Sato) and its Group companies announced that they support the intent of and have signed the Principles for Financial Action towards a Sustainable Society (Principles for Financial Action for the 21st Century).
Group companies which have signed the Principles:
・ NKSJ Holdings, Inc.
・ Sompo Japan Insurance Inc.
・ Nipponkoa Insurance Company, Limited.
・ NKSJ Himawari Life Insurance, Inc.
・ Sompo Japan Nipponkoa Asset Management Co.,Ltd.
・ Sonpo 24 Insurance Company Limited.
・ Saison Automobile And Fire Insurance Company, Limited
・ Sompo Japan DIY Insurance Co., Ltd.
・ NKSJ Risk Management, Inc.
・ NK Zurich Risk Service Co., Ltd.
The Principles were formulated based on the recommendation made by the “expert committee on environment and finance” under the Central Environmental Council in June 2010, which proposed establishing a “Japanese version of PRI (UN Principles for Responsible Investment)” aimed at expanding environmentally-friendly finance in Japan. Sompo Japan and Nipponkoa Insurance support the objective of establishing the Principles, and were actively involved in their establishment through participation in all seven meetings of the drafting committee (Secretariat: Ministry of the Environment) since September 2010 as members of the committee.
The NKSJ Group is a leader in the Japanese financial industry in progressive green initiatives such as offering risk financing and risk solutions, including environmentally- and society-friendly products and services. Moving forward, the Group companies will continue to accelerate green initiatives through their businesses with the goal to “contribute toward realizing a sustainable society” identified in the NKSJ Group’s Approach to CSR (Basic Policy).