Lifenet establishes policy and committee for sustainability

It also determined a corporate value enhancement based on the LIFENET Manifesto.

Lifenet Insurance has established the Basic Sustainability Policy and the Sustainability Committee to promote sustainability initiatives.

The Basic Sustainability Policy emphasises the need for sustainability-focused management to enhance long-term corporate value and contribute to a sustainable society. It also aligns its business with the LIFENET Manifesto, recognising life insurance as a form of mutual support that addresses social issues.

Additionally, the company engages stakeholders, tackles global environmental challenges, and strengthens governance to promote sustainability. It prioritises ethical operations, compliance, and policyholder protection, whilst valuing diversity and offering growth opportunities for employees.  expectations and fulfilling its corporate responsibilities.

Under the policy, the company also recognises societal expectations and requirements through dialogue with stakeholders. It also aim to provide information regarding sustainability-related matters to fulfill its accountability as a corporate entity.

The committee, chaired by the president and representative director, will assess policies and systems for promoting sustainability initiatives and matters related to LIFENET Materiality. The discussion will be reported to the board of directors.

The company also determined a long-term corporate value enhancement through business operations based on the LIFENET Manifesto.