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Insurance Services
ES
updated a month ago

BBVA Seguros, S.A. de Seguros y Reaseguros

Company website

BBVA Seguros, S.A. de Seguros y Reaseguros, headquartered in Spain, is a prominent player in the insurance and reinsurance industry. Established in the early 2000s, the company has made significant strides in providing innovative insurance solutions across various sectors, including life, health, and property insurance. With a strong presence in major operational regions throughout Spain and Latin America, BBVA Seguros is recognised for its customer-centric approach and tailored products. Their core offerings, which include comprehensive life and health insurance plans, stand out due to their flexibility and competitive pricing. BBVA Seguros has achieved notable milestones, solidifying its market position as a trusted provider in the insurance landscape. The company continues to focus on leveraging technology to enhance customer experience and streamline operations, ensuring it remains at the forefront of the industry.

DitchCarbon Score

How does BBVA Seguros, S.A. de Seguros y Reaseguros'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.

56

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.

32

Industry Benchmark

BBVA Seguros, S.A. de Seguros y Reaseguros's score of 56 is higher than 74% of the industry. This can give you a sense of how well the company is doing compared to its peers.

74%

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BBVA Seguros, S.A. de Seguros y Reaseguros's reported carbon emissions

Inherited from Banco Bilbao Vizcaya Argentaria, S.A.

BBVA Seguros, S.A. de Seguros y Reaseguros currently does not have specific carbon emissions data available for the most recent year, as indicated by the absence of emissions figures. The company is a current subsidiary of Banco Bilbao Vizcaya Argentaria, S.A. (BBVA), from which it inherits its climate commitments and initiatives. As part of its corporate family, BBVA Seguros aligns with the climate strategies set forth by BBVA, which includes participation in various sustainability initiatives such as the Science Based Targets initiative (SBTi), CDP, and RE100. However, specific reduction targets or achievements for BBVA Seguros are not detailed in the available data. The lack of direct emissions data suggests that BBVA Seguros is still in the process of establishing its own carbon footprint metrics or may rely on the overarching strategies and performance metrics of its parent company, BBVA. This relationship underscores the importance of corporate responsibility in addressing climate change within the insurance sector. In summary, while BBVA Seguros has not disclosed specific emissions data or reduction targets, it is positioned within a framework of climate commitments inherited from BBVA, reflecting a broader industry trend towards sustainability and accountability.

Unlock detailed emissions data

Access structured emissions data, company-specific emission factors, and source documents

2018201920202021202220232024
Scope 1
17,781,000
00,000,000
00,000,000
00,000,000
00,000,000
00,000,000
00,000,000
Scope 2
209,362,000
000,000,000
00,000,000
00,000,000
000
0,000
0,000
Scope 3
65,289,000
00,000,000
0,000,000
0,000,000
00,000,000
00,000,000
00,000,000

Industry emissions intensity

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. BBVA Seguros, S.A. de Seguros y Reaseguros's primary industry is Insurance and pension funding services, except compulsory social security services (66), which is very low in terms of carbon intensity compared to other industries.

Location emissions intensity

Very low
Low
Medium
High
Very high
The carbon intensity of the energy grid powering a company's primary operations has a strong influence on its overall carbon footprint. This request for BBVA Seguros, S.A. de Seguros y Reaseguros is in ES, which has a low grid carbon intensity relative to other regions.

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.

BBVA Seguros, S.A. de Seguros y Reaseguros 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.

Science Based Targets Initiative
Carbon Disclosure Project
The Climate Pledge
UN Global Compact
RE 100
Climate Action 100
Race To Net Zero
Reduction Actions

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