Brasilseg Sustainability Profile
Brasilseg, officially known as Brasil 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 leader in providing a diverse range of insurance solutions, including life, health, and property insurance. With a strong presence across major operational regions in Brazil, Brasilseg is recognised for its commitment to customer service and innovative products tailored to meet the evolving needs of its clients. The company’s core offerings are distinguished by their flexibility and comprehensive coverage options, catering to both individual and corporate clients. Brasilseg has achieved notable milestones, including significant market share growth and a reputation for reliability in the insurance sector. As a trusted name in the industry, Brasilseg continues to enhance its portfolio, ensuring it remains at the forefront of the Brazilian insurance market.
DitchCarbon Score
How does Brasilseg'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 Other 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
Brasilseg's score of 69 is higher than 83% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Brasilseg's reported carbon emissions
In 2024, Brasilseg reported total carbon emissions of approximately 228,090 kg CO2e. This includes Scope 1 emissions of about 228,090 kg CO2e, primarily from mobile combustion (approximately 142,560 kg CO2e), fugitive emissions (about 43,530 kg CO2e), and stationary combustion (approximately 42,000 kg CO2e). Scope 2 emissions were reported at approximately 136,970 kg CO2e, while Scope 3 emissions totalled about 1,620,830 kg CO2e, with significant contributions from employee commuting (approximately 1,614,890 kg CO2e) and business travel (about 266,030 kg CO2e). In 2023, Brasilseg's total emissions were approximately 119,800 kg CO2e, with Scope 1 emissions at about 119,800 kg CO2e, Scope 2 emissions at approximately 92,510 kg CO2e, and Scope 3 emissions reaching about 2,023,100 kg CO2e. The company has shown a commitment to reducing its carbon footprint, although specific reduction targets or initiatives have not been disclosed. Brasilseg's emissions data is cascaded from its parent company, Banco do Brasil S.A., indicating a corporate family relationship that influences its climate reporting. The company is classified as a current subsidiary of Brasilseg Companhia de Seguros, which is responsible for its performance data. Overall, Brasilseg is actively monitoring its emissions across all scopes, but further details on specific reduction initiatives or targets are currently unavailable.
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| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|---|
| Scope 1 | 351,250 | 000,000 | 000,000 | 000,000 | 000,000 | 000,000 |
| Scope 2 | 213,470 | 000,000 | 000,000 | 00,000 | 00,000 | 000,000 |
| Scope 3 | 477,470 | 00,000 | 000,000 | 000,000 | 0,000,000 | 0,000,000 |
How Carbon Intensive is Brasilseg's Industry?
How Carbon Intensive is Brasilseg's Location?
Brasilseg's Scope 3 Categories Breakdown
Brasilseg's Scope 3 emissions, which decreased by 20% last year and increased by approximately 239% since 2019, 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 100% of Scope 3 emissions.
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Brasilseg'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.
Brasilseg has established climate goals through participation in recognized frameworks and target-setting initiatives. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
