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Insurance Services
BR
updated a month ago

Bradesco Seguros S.A.

Company website

Bradesco Seguros S.A., a prominent player in the Brazilian insurance market, is headquartered in Osasco, São Paulo. Founded in 1935, the company has established itself as a leader in various sectors, including life, health, and property insurance. With a strong presence across Brazil, Bradesco Seguros offers a diverse range of products designed to meet the needs of individuals and businesses alike. The company is renowned for its innovative insurance solutions, which are tailored to provide comprehensive coverage and exceptional customer service. Notable achievements include a robust market position, consistently ranking among the top insurers in Brazil. Bradesco Seguros continues to evolve, leveraging technology to enhance its offerings and maintain its competitive edge in the dynamic insurance landscape.

DitchCarbon Score

How does Bradesco Seguros 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.

52

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.

29

Industry Benchmark

Bradesco Seguros S.A.'s score of 52 is higher than 70% of the industry. This can give you a sense of how well the company is doing compared to its peers.

70%

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Bradesco Seguros S.A.'s reported carbon emissions

In 2023, Bradesco Seguros S.A. reported total carbon emissions of approximately 39,368,450 kg CO2e, with significant contributions from Scope 3 emissions, which accounted for about 99% of the total. Specifically, Scope 1 emissions were about 35,820 kg CO2e, while Scope 2 emissions totalled approximately 500,900 kg CO2e. The company’s Scope 3 emissions included substantial figures from upstream transportation and distribution (about 31,634,120 kg CO2e) and employee commuting (approximately 5,636,740 kg CO2e). Bradesco Seguros has set ambitious climate commitments, aiming for a 50% reduction in emissions across all scopes by 2030, which translates to an annual reduction target of about 4.6%. This target applies to both Scope 1 and Scope 2 emissions, reflecting a comprehensive approach to mitigating their carbon footprint. The emissions data for 2022 indicated a total of approximately 73,021,110 kg CO2e in Scope 3 emissions, with Scope 1 and Scope 2 emissions reported at about 73,070 kg CO2e and 578,800 kg CO2e, respectively. The significant reduction in emissions from 2022 to 2023 highlights the company's ongoing efforts to address climate change. Bradesco Seguros S.A. is a current subsidiary of Banco Bradesco S.A., which influences its sustainability initiatives and emissions reporting. The data cascaded from the parent company provides a broader context for understanding Bradesco Seguros' environmental impact and commitments.

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20222023
Scope 1
73,070
00,000
Scope 2
578,800
000,000
Scope 3
73,021,110
00,000,000

Industry emissions intensity

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. Bradesco Seguros S.A.'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 Bradesco Seguros S.A. is in BR, which has a very 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.

Bradesco Seguros S.A. 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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