Ageas
Ageas, a leading international insurance company, is headquartered in Belgium (BE) and operates across several key regions, including Europe and Asia. Founded in 1824, Ageas has established itself as a significant player in the insurance industry, focusing on life and non-life insurance products. The company is renowned for its innovative approach to insurance solutions, offering a diverse range of services that cater to both individual and corporate clients. Ageas stands out in the market with its commitment to customer-centricity and sustainable practices. With a strong market position, Ageas has achieved notable milestones, including strategic partnerships and expansions that enhance its service offerings. The company continues to evolve, adapting to the changing landscape of the insurance sector while maintaining a reputation for reliability and excellence.
DitchCarbon Score
How does Ageas's carbon action stack up? DitchCarbon scores companies based on their carbon action and commitment to reducing emissions. Read about our methodology to learn more.
Industry Average
Mean score of companies in the Insurance Services industry. Comparing a company's score to the industry average can give you a sense of how well the company is doing compared to its peers.
Industry Benchmark
Ageas's score of 55 is higher than 97% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Ageas's reported carbon emissions
In 2024, Ageas reported total carbon emissions of approximately 62,000,000 kg CO2e, comprising 16,238,000 kg CO2e from Scope 1, 5,368,000 kg CO2e from Scope 2 (market-based), and 40,394,000 kg CO2e from Scope 3 emissions. The Scope 3 emissions included significant contributions from employee commuting (13,402,000 kg CO2e) and downstream leased assets (21,873,000 kg CO2e). In 2023, Ageas's total emissions were about 29,531,000 kg CO2e, with Scope 1 emissions at 11,342,000 kg CO2e, Scope 2 at 1,448,000 kg CO2e, and Scope 3 at 17,301,000 kg CO2e. This indicates a substantial increase in emissions from 2023 to 2024. Ageas has set ambitious climate commitments, aiming for carbon neutrality in its own operations by 2024. Additionally, the company targets net-zero emissions for its investment portfolios by 2050. Under the Elevate27 initiative, Ageas aims to reduce Scope 1, 2, and 3 emissions related to business travel and commuting by 30% by 2027. These commitments reflect Ageas's proactive approach to addressing climate change and reducing its carbon footprint across all scopes of emissions.
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| 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|---|---|
| Scope 1 | 11,715,000 | 00,000,000 | 0,000,000 | 0,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
| Scope 2 | 2,779,000 | 0,000,000 | 0,000,000 | 000,000 | 000,000 | 000,000 | 0,000,000 |
| Scope 3 | 15,518,000 | 00,000,000 | 0,000,000 | 0,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
Industry emissions intensity
Location emissions intensity
Reduction initiatives & disclosure networks
Companies disclose and commit to reducing emissions to show they are serious about reducing emissions impact over time. They can also help a company track its progress over time.
Ageas is not participating in any of the initiatives that we track. This may change over time as the company engages with new initiatives or updates its commitments. DitchCarbon will update this information as it becomes available.
