National Mutual Insurance Federation of Agricultural Cooperatives (zenkyoren)

No leading practices were identified for the National Mutual Insurance Federation of Agricultural Cooperatives in the governance and strategy measurement area.

No leading practices were identified for the National Mutual Insurance Federation of Agricultural Cooperatives in the respecting planetary boundaries measurement area.

No leading practices were identified for the National Mutual Insurance Federation of Agricultural Cooperatives in the adhering to societal conventions measurement area.

In terms of its approach to senior leadership accountability, the National Mutual Insurance Federation of Agricultural Cooperatives has an opportunity to link the remuneration of its executive or management teams to sustainability performance criteria. Furthermore, it could commit to gender equality and women’s empowerment, disclose the proportion of women in senior leadership roles, and disclose how it addresses any gender pay gaps. The National Mutual Insurance Federation of Agricultural Cooperatives also has an opportunity to describe its engagement approach on sustainability themes and impact topics with clients.

The National Mutual Insurance Federation of Agricultural Cooperatives could disclose a target to reach net-zero financed emissions by 2050 and the key sectors and companies it has identified as priorities to engage with on climate change, specifically on the alignment with the Paris Agreement. The insurer could also disclose its financing activities devoted to climate solutions. Regarding nature and biodiversity, the National Mutual Insurance Federation of Agricultural Cooperatives could demonstrate how it is committed to minimising its negative impacts or financing regenerative solutions. Moreover, no evidence was found regarding its approach to fossil fuels that spans across the fossil fuel value chain, such as the amount or share of finance it directs towards fuels, or its stance on financing companies with new fossil fuel projects.

The National Mutual Insurance Federation of Agricultural Cooperatives could provide a publicly available policy statement committing it to respect human rights laid out in the UN Guiding Principles and the ILO declaration on fundamental rights at work. It could also describe a comprehensive process for identifying its human rights risks and impacts across all its activities, especially its financing activities. Moreover, it could establish a grievance mechanism accessible to all workers, external individuals and communities to raise human rights complaints or concerns. Furthermore, it could disclose the proportion of its total direct operations workforce for each employee category by age group, gender and another indicator of diversity. To provide transparency on financial inclusivity, the National Mutual Insurance Federation of Agricultural Cooperatives has an opportunity to disclose the amount of finance directed towards, for example, women-owned businesses, small- and medium-sized enterprises (SMEs) or low-income developing countries.