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 43 is higher than 91% 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 2023, Ageas reported total carbon emissions of approximately 29,531,000 kg CO2e. This figure includes 11,342,000 kg CO2e from Scope 1 emissions, primarily from mobile combustion and fugitive emissions, and 1,448,000 kg CO2e from Scope 2 emissions, which are related to purchased electricity. The company’s Scope 3 emissions totalled about 17,301,000 kg CO2e, with significant contributions from employee commuting and business travel. Comparatively, in 2022, Ageas's total emissions were around 21,694,000 kg CO2e, indicating an increase in emissions year-on-year. The company has set ambitious reduction targets under its Elevate27 initiative, aiming for a 30% reduction in Scope 1, Scope 2, and Scope 3 emissions related to business travel and commuting by 2027, starting from 2023 levels. Ageas has consistently disclosed its emissions across all three scopes, demonstrating a commitment to transparency and accountability in its climate strategy. The company is actively working towards reducing its carbon footprint and aligning with industry standards for climate action.
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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.
