Bradesco Seguros S.A.

Bradesco Seguros S.A., headquartered in BR and operating within the insurance and pension funding services sector (excluding compulsory social security), has reported its carbon emissions for 2023 and 2022.

In 2023, the company's total greenhouse gas emissions were approximately 40.4 million kg CO2e. This figure is comprised of approximately 35,820 kg CO2e for Scope 1 emissions, approximately 500,900 kg CO2e for Scope 2 emissions, and approximately 39.4 million kg CO2e for Scope 3 emissions. Key contributors to their Scope 3 emissions in 2023 included upstream transportation and distribution, employee commute, and business travel.

For 2022, Bradesco Seguros S.A. reported total emissions of approximately 73.6 million kg CO2e. This breakdown includes approximately 73,070 kg CO2e for Scope 1, approximately 578,800 kg CO2e for Scope 2, and approximately 73 million kg CO2e for Scope 3 emissions. Upstream transportation and distribution was the most significant category within their Scope 3 emissions for 2022, followed by employee commute.

Bradesco Seguros S.A. has established climate commitments, including a near-term goal to reduce its emissions by 50% by 2030, starting from a 2022 baseline. This translates to an annual reduction target of approximately 4.6%. This commitment applies to Scope 1, Scope 2, and Scope 3 emissions.

It's important to note that Bradesco Seguros S.A.'s climate reporting, specifically its CDP disclosure, is cascaded from its parent organisation, Banco Bradesco S.A., at cascade level 2, indicating a current subsidiary relationship.