The following are the materials and data about sustainability approaches of the MS&AD Insurance Group.

Subject period:
FY2022 (April 1, 2022 - March 31, 2023) For Overseas insurance subsidiaries, FY2022 (Jan 1, 2022 - Dec 31, 2022) 

Subject organizations and data coverage:

(*) Domestic group companies operating such as risk-related services

As a company with a Audit & Supervisory Board, the Company will endeavor to improve governance by ensuring that independently appointed Audit & Supervisory Board Members appropriately act in their auditing functions, in addition to ensuring that the Board of Directors appropriately acts in its oversight functions, while strengthening the functions of each and actively disclosing information.

(*1) Board members average tenure 4.6years

(*2) Outside directors average tenure 3.0years

(*3) The number of outside directors with relevant work experience in our company's sector : 1

(*1) Outside Directors　average attendance rate 100%. All directors average attendance rate 100％
(*2) Outside Corporate Auditors average attendance rate 95.5%

(*) As a member of society, MS&AD Insurance Group believes that it is necessary to pay an appropriate share, and we make political donations to the extent permitted by law.

MS&AD Insurance Group contributed to the following initiatives to achieve environmental conservation on a global scale and the realization of a sustainable society.

* Including Consultation

**Of the cases received in FY 2022, 144 were related to harassment (including suspicious cases).

The Group's five domestic insurance companies have disclosed their initiatives based on their Customer-first Policy in the Business Operations and KPI used to evaluate the result of their initiatives.

For details of the questionnaire on customer satisfaction survey of each company, please visit their website.

(*1) Calculated from the average unit price at MS&AD Holdings.
(*2) Calculated from the petroleum products price survey gasoline nationwide annual average unit price (Agency for Natural Resources and Energy).

Our efforts to reduce the environmental burden are also promoted in conjunction with key business partners. We are engaged in green purchasing, prioritizing eco-friendly products in procuring the materials used in our operations, and our entire value chain is working to establish a sustainable society. In addition, we are working with policyholders on Eco insurance certificates and web policy clauses that reduce the environmental burden of business activities and, at the same time, improve the convenience of policyholders.

(*) Online "Terms & Conditions" in consideration of environment

Through our Group's social contribution activities and involvement in and support for community development, companies can help their employees become interested in understanding the community and society, be creative, and be able to build a network with the communities. Based on these ideas, the Group provides our employees with opportunities to take part in social contribution activities, and we have seen the number of participants is increasing. In fiscal 2018, over 70% of employees in Japan joined the social contribution activities. If our employees think it difficult to spare time to physically participate in these activities, they can alternatively make a monetary contribution through the employees' social contribution activity team. The monetary contributions start at 100 yen, and the contributions are withdrawn from their monthly salaries. We also strive to disclose social contribution expenditures, including conversion of social contribution activities.

(*1) Total amount of Donation Matching Gift and Donation from employees

(*2) Total participants

(*)No further classification due to privacy

(*1) The end of March of each year
(*2) The number of new hires in April of each next year
(*3) Number of new employees in fiscal year
(*4) Exclude retirees and are calculated based on voluntary resignees.
 

In February 2017, the Group established MS & AD Insurance Group Basic Policy on Human Rights and implemented the Group's human rights due diligence system. We provide our employees with human rights training every year in order for them to understand human rights better and to develop an organizational culture that respects human rights.

(*)Rate of departments that conducted human rights trainings that required all employees to participate

Human Asset Development

(*1) Short-term program which allows employees to experience work they have never done before, at the request of the employee.
(*2) Short-term program which allows employees in Japan to experience working at overseas subsidaries, as well as local employees at overseas subsidaries to experience working at the head office.
(*3) MBA dispatch program, and training program which allows employees to experience working for a year at overseas subsidaries or insurance companies.
(*4) Transfer system for which allows the local employees from overseas experience the jobs at the head office for 6 months to 1 year in Japan.

(*5) Number decreased due to immigration restrictions by COVID-19 
(*6) Number of professional actuaries employed by the MS&AD Group with specialized skills for making full use of probability, statistical and other mathematical techniques used in product development, risk management and other processes (as of April 1 of the subsequent fiscal year).

(*7) Employees who can utilize the latest digital technology and data (as of next April 1 of the every fiscal year)

(*8) Employees who have experienced expatriates and potential candidates (as of next April 1 of the every fiscal year)

Employee satisfaction *1

(*1) The results of the opinion poll asking all Group employees (all-employee average on a 6-point scale, Scope: 45,420 all domestic employees including temporary employees at the time of survey, Response rate: 96.0%).
(*2) Ratio of employees feeling pride or job satisfaction
(*3) Ratio of employees, regardless of gender and age, feeling free and lively at workplaces.

（※1）Percentage of net premiums written

（※1）Annual average growth in premiums of insurance products that contribute to planetary health

Metodolgies for GHG emission in investment portfolio is under development. Our company is upgrading our methodologies in line with developments.
"The following table shows the carbon footprints of investee companies. Scope 1 and Scope 2 GHG emissions are calculated through using Trucost's tool for calculating GHG emissions through a proprietary modeling approach and PCAF estimation when there is not enough informaiton" Data of previous years, which methodologies were different from those of 2021 and 2022 are beneath tables.

＊１：Calucated in FY2021 using portfolio as of end of March 2021. Coverage for Stock 99%,Corporte Bonds 69%
＊２：Calucated in FY2022 using portfolio as of end of March 2022. Coverage for Stock 99%,Corporte Bonds 67%, Busines loans 48%