VidaCaixa Sustainability Profile
VidaCaixa, officially known as VidaCaixa Seguros y Reaseguros, is a prominent insurance and financial services provider headquartered in Spain. Established in 2008, the company has rapidly evolved to become a key player in the Spanish insurance market, particularly in the regions of Catalonia and Madrid. Specialising in life insurance, pension plans, and savings products, VidaCaixa distinguishes itself through its customer-centric approach and innovative solutions tailored to individual needs. The company has achieved significant milestones, including recognition for its robust financial performance and commitment to sustainability. With a strong market position, VidaCaixa is renowned for its comprehensive range of products that cater to both personal and business clients, making it a trusted choice for those seeking reliable financial security in an ever-changing economic landscape.
DitchCarbon Score
How does VidaCaixa'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 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.
Industry Benchmark
VidaCaixa's score of 37 is higher than 55% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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VidaCaixa's reported carbon emissions
In 2024, VidaCaixa reported total carbon emissions of approximately 13,730,320 kg CO2e, with Scope 1 emissions at about 32,260 kg CO2e and no reported Scope 2 emissions. The previous year, 2023, saw total emissions of around 6,309,000 kg CO2e, with Scope 1 emissions at approximately 5,080 kg CO2e. In 2022, total emissions were about 532,426,000 kg CO2e, comprising 5,020 kg CO2e from Scope 1 and 158,070 kg CO2e from Scope 2, alongside 7,394,000 kg CO2e from Scope 3. Despite these figures, VidaCaixa has not set specific reduction targets or initiatives as part of their climate commitments. The emissions data is cascaded from their parent company, CaixaBank, S.A., reflecting their current subsidiary status. This relationship indicates that while VidaCaixa is actively reporting its emissions, it does not have independent reduction targets or initiatives documented at this time. Overall, VidaCaixa's emissions profile highlights a significant reliance on Scope 3 emissions, which are often the most challenging to manage, indicating a need for comprehensive strategies to address their overall carbon footprint.
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| 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|
| Scope 1 | 14,360 | 0,000 | 0,000 | 00,000 |
| Scope 2 | - | 000,000 | - | - |
| Scope 3 | - | 0,000,000 | 0,000,000 | 00,000,000 |
How Carbon Intensive is VidaCaixa's Industry?
How Carbon Intensive is VidaCaixa's Location?
VidaCaixa'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.
VidaCaixa 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.
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