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 2,280,900 kg CO2e. This figure includes 228,090 kg CO2e from Scope 1 emissions, primarily from mobile combustion (142,560 kg CO2e) and fugitive emissions (43,530 kg CO2e). Scope 2 emissions accounted for about 136,970 kg CO2e, while Scope 3 emissions were significantly higher at approximately 1,620,830 kg CO2e, with employee commuting being the largest contributor at 1,614,890 kg CO2e. In 2023, Brasilseg's total emissions were about 1,198,000 kg CO2e, with Scope 1 emissions at 119,800 kg CO2e and Scope 2 emissions at 92,510 kg CO2e. Scope 3 emissions for that year reached approximately 2,023,100 kg CO2e, again driven largely by employee commuting (1,401,710 kg CO2e). Despite these figures, Brasilseg has not set specific reduction targets or climate pledges, as indicated by the absence of documented reduction initiatives. The emissions data is cascaded from its parent company, Banco do Brasil S.A., reflecting a corporate family relationship at cascade level 4. This context highlights Brasilseg's commitment to transparency in its emissions reporting, although it currently lacks defined strategies for emissions reduction.
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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.
Top Scope 3 Categories
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 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.
