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 52 is higher than 98% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Ageas's reported carbon emissions
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 17,301,000 kg CO2e, fall under Scope 3, which includes indirect emissions from sources such as business travel and employee commuting. In previous years, Ageas has shown fluctuations in emissions, with a total of approximately 21,694,000 kg CO2e in 2022 and 17,780,000 kg CO2e in 2020. Notably, their Scope 1 emissions peaked at about 9,550,000 kg CO2e in 2020, while Scope 3 emissions reached approximately 6,050,000 kg CO2e in the same year. Despite these figures, Ageas has not publicly committed to specific reduction targets or initiatives, as indicated by the absence of documented reduction targets or climate pledges. The company continues to monitor and report its emissions across all three scopes, aligning with industry standards for transparency in climate commitments.
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| 2018 | 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 |
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 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.
