BB Seguros Participações S.A. Sustainability Profile
BB Seguros Participações S.A., commonly referred to as BB Seguros, is a prominent player in the Brazilian insurance and financial services industry. Headquartered in Brasília, Brazil, the company operates extensively across the country, providing a diverse range of insurance products and services. Founded in 2000, BB Seguros has established itself as a key subsidiary of Banco do Brasil, leveraging its parent company's extensive network and resources. The company offers a variety of core products, including life, health, and property insurance, distinguished by their customer-centric approach and innovative solutions. BB Seguros has achieved significant market presence, recognised for its commitment to quality and reliability in the insurance sector. With a focus on sustainable growth and customer satisfaction, BB Seguros continues to solidify its position as a trusted name in Brazil's competitive insurance landscape.
DitchCarbon Score
How does BB Seguros 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.
Industry Average
Mean score of companies in the Real Estate 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 Participações S.A.'s score of 34 is higher than 56% 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 Participações S.A., headquartered in Brazil, currently does not report specific carbon emissions data, as indicated by the absence of emissions figures. The company is a current subsidiary of Banco do Brasil S.A., which cascades its climate commitments and performance metrics to BB Seguros. As part of its climate strategy, BB Seguros inherits reduction initiatives from Banco do Brasil S.A., which is actively engaged in various sustainability efforts. However, specific reduction targets or achievements for BB Seguros are not detailed in the available data. The absence of direct emissions data suggests that BB Seguros may be in the early stages of formalising its climate commitments or reporting practices. The company is expected to align with the broader sustainability goals set by its parent organisation, Banco do Brasil S.A., which is involved in initiatives such as the Science Based Targets initiative (SBTi) and the Carbon Disclosure Project (CDP). In summary, while BB Seguros Participações S.A. does not currently provide specific emissions data or reduction targets, it is positioned within a corporate family that prioritises climate action and sustainability.
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| 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 |
How Carbon Intensive is BB Seguros Participações S.A.'s Industry?
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BB Seguros Participações S.A.'s Scope 3 Categories Breakdown
BB Seguros 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.
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BB Seguros Participações S.A.'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 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.
