We value the concept of mutual support, which is the original purpose of life insurance, from a sustainability perspective as well. We believe that continuing to create new value in life insurance, while cherishing mutual relationships with various stakeholders will contribute to the realization of a sustainable society and environment, as well as increase our corporate value. We have established our approach to sustainability as our Basic Sustainability Policy as follows.

<Basic Sustainability Policy>

　

1. The Company establishes the Basic Sustainability Policy, acknowledging the significance of implementing sustainability-focused management at the group level to achieve a sustainable society and environment, as well as to enhance the Company's medium to long-term corporate value. 　　　　　　　　　　　　　　　　　　　　　　　　　　　　　　　　　　　
2. The Company undertakes initiatives to contribute to a sustainable society and environment and to enhance its medium to long-term corporate value through its corporate activities. This is based on the recognition that operating the business in accordance with the LIFENET Manifesto while maintaining insights into the original purpose of life insurance as mutual support leads to the resolution of social issues.　　　　　　　　　　　　　　　　　　　　　　　　　　　　　　　　　　　　　　　　　　　　　　　　　　　　　　　　　　　　　　　　　　　　　　　　　　　　　　　　　　　　　　　　　　　　　　　　　　　　　　　　　　　　　　　　　　　　　　　　　　　　　　　　　　　　　　　　　　　　　　　　　　　　　　　　　　　　　　　　　　　　　　　　　　　　　　　　　　　　　　　　　　　　　　　　　　　　　　

 

3. The Company undertakes initiatives for various stakeholders including society and responses to global environmental issues. The Company also continuously strengthens its governance as a foundation for corporate management to promote sustainability.                                                                                                                           
4. The Company delivers products and services to support the security of society and individuals including future generations.                                                                                                                                                                       
5. The Company adheres to the "Basic Policy on Compliance with Laws and Regulations," conducts its operations with integrity, and prioritizes ethical considerations, in consideration of the public nature and social responsibility inherent in the insurance industry, as well as the importance of policyholder protection.                                                                                                        
6. The Company values diversity and provides opportunities for professional challenges and growth to each employee.                                                                                                                                                                                                        
7. The Company fulfills its corporate social responsibility by implementing environmentally conscious practices as a global citizen in addressing global environmental issues.                                                                                                           
8. The Company establishes governance and internal systems to promote sustainability, develops pertinent regulations, and actively encourages awareness related to sustainability within the organization.                                                                                                                                    
9. The Company recognizes societal expectations and requirements through dialogue with various stakeholders. It endeavors to provide appropriate information disclosure regarding sustainability-related matters, such as global environmental issues, human capital, and governance, to fulfill its accountability as a corporate entity. 

 

 

Established October 2024

We have identified materiality (priority issues) that should be addressed over the long term with the aim of achieving a sustainable society and improving corporate value. Under the theme of “Creating the future of the life insurance,” we recognize the following items 1 to 10 as our materiality. We will promote initiatives for our stakeholders, including “customers,” “society” and “employees,” as we continue to enhance “corporate governance,” which is the foundation of our management.

STEP 1: Extracting issues
Based on the “LIFENET Manifesto” and our Management Policy, we extract issues by referring to the opinions of shareholders and investors, guidelines including the Sustainability Accounting Standards Board (“SASB”), and evaluation criteria of ESG-rating organizations.

 

STEP 2: Selecting possible material issues
Among the extracted issues, selection for possible materiality is made from two viewpoints: importance to stakeholders and importance to Lifenet.

 

STEP3: Identifying materiality
Identify materiality through discussions at the Board of Directors and Management Meetings.