Bb Seguros Sustainability Profile
Bb Seguros, officially known as BB Seguros S.A., is a prominent player in the Brazilian insurance industry, headquartered in Brasília, Brazil. Founded in 1996, the company has established itself as a trusted provider of a diverse range of insurance products, including life, health, and property insurance. With a strong presence across major operational regions in Brazil, Bb Seguros is recognised for its commitment to customer service and innovative solutions tailored to meet the needs of individuals and businesses alike. The company has achieved significant milestones, including strategic partnerships and a growing portfolio of services that set it apart in a competitive market. Bb Seguros is dedicated to delivering unique value through its comprehensive coverage options and personalised support, solidifying its position as a leading insurance provider in Brazil.
DitchCarbon Score
How does Bb Seguros'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
Bb Seguros's score of 37 is higher than 55% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Bb Seguros's reported carbon emissions
In 2023, BB Seguros reported total carbon emissions of approximately 119,880 kg CO2e, with Scope 1 emissions accounting for about 119,880 kg CO2e. This includes mobile combustion emissions of about 19,440 kg CO2e, fugitive emissions of about 43,690 kg CO2e, and stationary combustion emissions of about 56,740 kg CO2e. Additionally, Scope 3 emissions were significantly higher, totalling approximately 2,023,100 kg CO2e. In 2022, the company’s emissions were considerably higher, with a total of approximately 16,108,000 kg CO2e. This included Scope 1 emissions of about 2,439,000 kg CO2e and Scope 3 emissions of approximately 13,669,000 kg CO2e, primarily driven by business travel, which accounted for about 10,578,000 kg CO2e. BB Seguros has set ambitious reduction targets, achieving a 34.02% reduction in Scope 1 emissions from 2019 to 2020 and an impressive 84.33% reduction in Scope 2 emissions over the same period. For the near term, the company aims for a 5.58% reduction in Scope 2 emissions from 2022 to 2023. The organisation has not disclosed any Science-Based Targets Initiative (SBTi) targets, and there is no indication of emissions data being cascaded from a parent company. BB Seguros remains committed to enhancing its climate strategy and reducing its carbon footprint in alignment with industry standards.
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| 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|
| Scope 1 | 351,250 | 000,000 | 000,000 | 000,000 | 000,000 |
| Scope 2 | 213,470 | 000,000 | 000,000 | - | - |
| Scope 3 | 477,470 | 00,000 | 000,000 | 000,000 | 0,000,000 |
How Carbon Intensive is Bb Seguros's Industry?
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Bb Seguros's Climate Goals (2030 & 2050)
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 Seguros 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.
