Initiatives and commitments

Sampo plc has assessed the United Nations' (UN) Sustainable Development Goals (SDGs) and the underlying targets to identify the SDGs to which the Sampo Group companies can contribute the most. During the project, all 17 SDGs and 169 underlying targets were evaluated in relation to the Group companies’ businesses and the Group’s sustainability themes.

According to the assessment, Sampo Group has a strong impact on SDGs 3, 5, 8, 12, and 13. Therefore, Sampo Group has chosen to focus on these goals. The Group companies aim to contribute to the SDGs positively through, among other things, their products and services, by improving their own operations, by being active in their respective communities, and by engaging with their value chains.

The Sampo Group companies can also negatively affect the SDGs, for example, through the environmental impacts of their own operations and by enabling negative impacts through investee companies or insurance operations. To manage the possible negative impacts, investments are screened against sensitive sectors and international norms and standards. The Sampo Group companies also seek to be active owners and to influence the companies they invest in. In terms of insurance operations, the Group companies, for example, work together with suppliers and other business partners to ensure sustainable supply chains, and use norms-based screening to ensure sustainable business practices among corporate clients.