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 Sampo Group can contribute the most. During the project, all 17 SDGs and 169 underlying targets were evaluated in relation to Group’s businesses and 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. Sampo Group aims to contribute to the SDGs positively through, among other things, by improving the Group’s own operations, by being active in its respective communities, and by engaging with the value chains.

Sampo Group can also negatively affect the SDGs, for example, through the environmental impacts of its 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. Sampo Group also seeks to be an active owner and to influence the companies it invests in. In terms of insurance operations, Sampo Group, for example, works together with its suppliers and other business partners to ensure sustainable supply chains, and use norms-based screening to ensure sustainable business practices among corporate clients.