BB Seguridade Participações S.A., commonly referred to as BB Seguridade, is a prominent player in the Brazilian financial services sector, headquartered in Brasília, Brazil. Founded in 2013, the company has rapidly established itself within the insurance and pension markets, leveraging its strong ties to Banco do Brasil to enhance its offerings. Specialising in life insurance, pension plans, and asset management, BB Seguridade distinguishes itself through innovative products tailored to meet the diverse needs of its clients. The company has achieved significant milestones, including a robust market position as one of Brazil's leading insurance providers, recognised for its commitment to customer service and financial stability. With a focus on sustainable growth, BB Seguridade continues to expand its operational footprint across major regions in Brazil, solidifying its reputation as a trusted name in the industry.
How does BB Seguridade Participações S.A.'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 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.
BB Seguridade Participações S.A.'s score of 35 is higher than 58% of the industry. This can give you a sense of how well the company is doing compared to its peers.
BB Seguridade Participações S.A., headquartered in Brazil, currently does not report specific carbon emissions data for the most recent year, as indicated by the absence of emissions figures. The company is a current subsidiary of Banco do Brasil S.A., which may influence its climate commitments and performance metrics. While there are no documented reduction targets or specific climate pledges from BB Seguridade, it is important to note that any climate initiatives or targets may be inherited from its parent company, Banco do Brasil S.A. This relationship suggests that BB Seguridade may align its sustainability efforts with the broader goals set by Banco do Brasil, which is known for its commitment to environmental responsibility. As of now, BB Seguridade's climate strategy appears to be in the early stages, with no specific emissions data or reduction initiatives publicly available. The company may benefit from leveraging the sustainability frameworks and targets established by its parent organisation to enhance its climate commitments in the future.
Access structured emissions data, company-specific emission factors, and source documents
| 2022 | 2023 | 2024 | |
|---|---|---|---|
| Scope 1 | 1,965,000 | 0,000,000 | 000,000 |
| Scope 2 | 2,000,000 | 0,000,000 | 000,000 |
| Scope 3 | 2,500,000 | 0,000,000 | 0,000,000 |
BB Seguridade Participações S.A.'s Scope 3 emissions, which decreased by 22% last year and decreased by approximately 22% since 2022, demonstrating supply chain emissions tracking. The vast majority of their carbon footprint comes from suppliers and value chain emissions, representing the vast majority of total emissions under the GHG Protocol, with "Employee Commuting" being the largest emissions source at 83% of Scope 3 emissions.
Climate goals typically focus on 2030 interim targets and 2050 net-zero commitments, aligned with global frameworks like the Paris Agreement and Science Based Targets initiative (SBTi) to ensure alignment with global climate goals.
BB Seguridade Participações S.A. has not publicly committed to specific 2030 or 2050 climate goals through the major frameworks we track. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.