Lifenet Insurance has announced the establishment of a Basic Sustainability Policy and a dedicated Sustainability Committee aimed at advancing its sustainability initiatives.
The newly introduced Basic Sustainability Policy underscores the importance of sustainability-focused management in enhancing long-term corporate value while contributing to a sustainable society. This policy aligns with the LIFENET Manifesto, which views life insurance as a means of mutual support in addressing societal challenges.
In its commitment to sustainability, Lifenet engages with stakeholders, addresses global environmental issues, and strengthens governance practices. The company emphasizes ethical operations, compliance, and the protection of policyholders, while promoting diversity and growth opportunities for employees.
The policy also acknowledges societal expectations and requirements through ongoing dialogue with stakeholders, with a commitment to providing transparent information on sustainability-related matters.
Chaired by the president and representative director, the Sustainability Committee will evaluate policies and systems that promote sustainability initiatives, including issues related to LIFENET Materiality. Findings from these discussions will be reported to the board of directors.
Additionally, Lifenet aims to enhance long-term corporate value through its business operations, guided by the principles outlined in the LIFENET Manifesto.
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