Sompo Japan China selected as 2011 Goldenbee CSR China Honor Roll company

Sompo Japan Insurance (China) Co.,Ltd (hereafter “Sompo Japan China” Vice Chairman, President :Katsuhiko Ushiba) has been selected for the second consecutive year as one of the 2011 GoldenBee CSR China Honor Roll companies (hereafter “GoldenBee companies”) at the 7th International CSR forum & ceremony (hosted by China WTO Tribune and the Sino-German CSR Project) held in Beijing on June 5th, 2012.

1. About the GoldenBee CSR China Honor Roll

The GoldenBee CSR China Honor Roll is a corporate social responsibility (CSR) evaluation program organized annually by China WTO Tribune, a magazine managed by the Chinese Ministry of Commerce, with the goal of establishing CSR pioneering companies in China. Using the analogy of honeybees which symbolize the mode of sustainable development in China, the GoldenBee CSR China Honor Roll presents the honor of “GoldenBee enterprises” to companies which have leading Chinese CSR development.

2. Recognition of Sompo Japan China

Sompo Japan China was the only insurance company selected among the  *46 “GoldenBee companies” ultimately nominated out of 348 Chinese companies, and was recognized to receive the “Customer Focus Award” for its exemplary performance in strengthening risk management among their achievements. The company is also noted in the compilation of case studies, the “2011 GoldenBee Responsible Competitiveness Best Practices”.

*47 awards were announced originally, but 1 company declined the offer after the announcement.

3. Moving Forward

Sompo Japan China has issued a CSR Report for the first time in May 2011, and aims to further advance its CSR efforts through dialogue with stakeholders in China. Moving forward, Sompo Japan China will continue to draw on the evaluations and opinions of stakeholders to further enhance its CSR initiatives.

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