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Public Profile
Insurance Services
PT
updated a month ago

Fidelidade

Company website

Fidelidade, officially known as Fidelidade – Companhia de Seguros, S.A., is a leading insurance provider headquartered in Lisbon, Portugal. Established in 1835, the company has a rich history and has evolved into a key player in the insurance industry, offering a comprehensive range of products and services across life, health, and property insurance sectors. With a strong presence in Portugal and significant operations in various international markets, Fidelidade is renowned for its innovative solutions tailored to meet diverse customer needs. The company’s commitment to excellence is reflected in its robust market position, consistently recognised for its financial strength and customer service. Fidelidade’s unique offerings, including personalised insurance plans and digital services, set it apart in a competitive landscape, making it a trusted choice for individuals and businesses alike.

DitchCarbon Score

How does Fidelidade'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.

20

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

Fidelidade's score of 20 is lower than 76% of the industry. This can give you a sense of how well the company is doing compared to its peers.

24%

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Fidelidade's reported carbon emissions

In 2023, Fidelidade reported total carbon emissions of approximately 59,443,000 kg CO2e. This figure includes Scope 1 emissions of about 2,288,000 kg CO2e, which comprise mobile combustion (approximately 1,849,000 kg CO2e), fugitive emissions (about 129,000 kg CO2e), and stationary combustion (1,000 kg CO2e). Scope 2 emissions accounted for approximately 1,079,000 kg CO2e (market-based) and 1,128,000 kg CO2e (location-based). The majority of emissions stemmed from Scope 3, totalling about 56,027,000 kg CO2e, with significant contributions from purchased goods and services (approximately 32,980,000 kg CO2e) and capital goods (about 14,898,000 kg CO2e). Fidelidade's emissions data is cascaded from its parent company, Fidelidade - Companhia de Seguros, S.A., reflecting a corporate family relationship. Despite the substantial emissions reported, there are currently no specific reduction targets or initiatives outlined in their climate commitments. The absence of defined reduction strategies suggests a need for further development in their sustainability approach. Overall, Fidelidade's emissions profile highlights the importance of addressing both direct and indirect emissions, particularly in the context of their extensive Scope 3 emissions, which represent a significant portion of their total carbon footprint.

Unlock detailed emissions data

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202020212022
Scope 1
1,459,000
0,000,000
0,000,000
Scope 2
1,657,000
0,000,000
0,000,000
Scope 3
2,097,000
000,000
000,000

Industry emissions intensity

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. Fidelidade'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 Fidelidade is in PT, which has a 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.

Fidelidade 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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