The Sony Financial Group recognizes that humankind faces a critical challenge in protecting the global environment. The major subsidiaries have each established environmental policies, and through everyday business activities, they carry out initiatives that give due consideration to environmental protection.
Group Company Activities
Use of Green Power
Sony Life became the first Japanese life insurance company to introduce a Green Power Certification System, which enables companies to use green power in their business activities and thus reduce CO2 emissions. Sony Assurance and Sony Bank adopt the J-Credit Scheme* to help reduce CO2 emissions. Sony Bank offsets 100% of CO2 emissions caused by its power usage (excluding the portion of power usage in outsourced operations) as a "Carbon Offset Bank."
In this way, each Group company contributes to the wider use of natural sources of power such as solar and wind power, geothermal power, and biomass. In fiscal 2017, the entire Group purchased green power certificates and J-Credits equivalent to 1,560 MWh.
* The J-Credit Scheme is a system whereby the government certifies credits for the reduction or absorption of greenhouse gas emissions such as CO2 through measures including the introduction of energy-saving equipment or forest management.
Acquisition of ISO 14001 Certification
Sony Life, Sony Assurance and Sony Bank* have acquired ISO 14001 certification, the international standard for environmental management systems. All three companies promote energy-saving and natural resource-saving activities such as targets for reduced energy and photocopier paper usage, and green procurement to raise the percentage of eco-products used in office supplies.
* ISO 14001 certification covers the head offices of Sony Life and Sony Assurance, along with Sony Bank's head office and CONSULTING PLAZA. The Sony Financial Group conducts regular internal environmental audits of ISO 14001-certified offices, and the audit results are reported to top management.
Conservation Activities in Together with Customers
Donating to the Sorabear Foundation
Ceremony for the donation of Sorabear power
generation equipment to the Incorporated School of Kusaka
Gakuen, Saienji Kindergarten, in Yamaguchi, in June 2017.
Automobile insurance, one of Sony Assurance's mainstay products, supports the automotive lifestyles of its customers. While automobiles add affluence and convenience to our lives, exhaust gases emitted while driving are a cause of global warming. For this reason, Sony Assurance considers promoting initiatives to prevent global warming, even a little, is its social responsibility. Teaming up with the Sorabear Foundation, a non-profit organization that promotes the spread of renewable energies and environmental education, Sony Assurance has carried out a program to install solar power generators at kindergartens since 2009.
Since 2010, Sony Life has also participated in the activities of the Sorabear Foundation, making donations equivalent to some printing expenses, etc., which has been reduced with the introduction of the CD-ROM version (since 2010) and the website version (since 2017) of "guidebook/policy conditions of insurance contracts."
Donations to the Sorabear Foundation from Sony Assurance and Sony Life are used to provide Sorabear with power generation equipment—solar power generators—for kindergartens and nursery schools around the country. In ﬁscal 2017, Sony Assurance made a donation to a nursery school in Yamaguchi prefecture and to a kindergarten in Kyoto prefecture, while Sony Life donated to a kindergarten in Fukui prefecture. In the program, Sony Assurance has donated a total of 22 solar power generators, and Sony Life a total of eight solar power generators (as of July 1, 2018).
Reducing CO2 Emissions by Switching to Paperless Contract Procedures and Electronic Issuance of Documents for Customers
The Sony Financial Group has been striving to conserve paper resources and cut down on CO2 emissions related to postal mailings by shifting to paperless documentation for certain contract procedures and transactions.
Sony Life has adopted paperless application procedures (for conservation) after the initial contract has been made, such as applications for new contracts, changes in payment methods, changes in contract contents, etc. As a result, Sony Life has reduced the use of copier paper.
Sony Assurance has made it possible to apply for automobile insurance policies and medical policies online, thereby avoiding the need for printing and mailing of insurance application forms and other documents. Also of note, Sony Assurance takes an environmentally conscious approach to resources, exempliﬁed by a paperless insurance certiﬁcate discount of ¥500 on automobile insurance premiums when customers who buy a policy online opt not to have certiﬁcates of insurance and other documents printed and mailed. As an Internet bank, Sony Bank aims to use as little paper as possible when dealing with customers with such things as transaction slips, passbooks and explanations of products. Sony Bank has promoted a switch to electronic delivery of investment trust transaction documents that have previously been written.