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.
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.
Mean score of companies in the 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.
Ageas's score of 33 is higher than 84% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2023, Ageas reported total carbon emissions of approximately 29,531,000 kg CO2e. This figure includes 11,229,000 kg CO2e from Scope 1 emissions, which encompass direct emissions from owned or controlled sources, and 1,448,000 kg CO2e from Scope 2 emissions, related to purchased electricity. The majority of their emissions, about 16,854,000 kg CO2e, fall under Scope 3, which includes indirect emissions from activities such as business travel and employee commuting. In comparison, their emissions in 2022 were approximately 21,694,000 kg CO2e, indicating a significant increase in emissions year-on-year. The breakdown for 2022 included 10,309,000 kg CO2e from Scope 1, 760,000 kg CO2e from Scope 2, and 10,624,000 kg CO2e from Scope 3. Despite the increase in emissions, Ageas has not publicly committed to specific reduction targets or initiatives, as indicated by the absence of documented reduction targets or climate pledges. This lack of formal commitments may reflect a broader industry context where many companies are still developing comprehensive climate strategies. Overall, Ageas's emissions data highlights the need for enhanced climate action and transparency in their sustainability efforts.
Access structured emissions data, company-specific emission factors, and source documents
Add to project2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|---|
Scope 1 | 2,152,000 | 00,000,000 | 0,000,000 | 0,000,000 | 00,000,000 | 00,000,000 |
Scope 2 | 2,779,000 | 0,000,000 | 0,000,000 | 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 |
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 committed to any reduction initiatives 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.