Fidelidade, officially known as Fidelidade – Companhia de Seguros, S.A., is a leading player in the insurance and pension funding services sector in Portugal. Headquartered in Lisbon, the company has established a strong presence across various regions, providing comprehensive coverage and financial solutions tailored to individual and corporate needs. Founded in 1835, Fidelidade has a rich history marked by significant milestones, including its evolution into a modern insurance provider.
The company offers a diverse range of products, including life, health, and property insurance, as well as pension plans, distinguished by their customer-centric approach and innovative solutions. As a market leader, Fidelidade is recognised for its commitment to quality service and has received numerous accolades for its performance in the insurance industry, solidifying its reputation as a trusted partner for financial security in Portugal.
+9 vs industry average
Fidelidade’s score of 48 is higher than 60% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Industry Intensity
Insurance Services is among the least carbon-intensive industries
Industry performance
The Insurance Services industry has reduced its overall emissions by 25% since 2018
Emissions trajectory 2020 – 2027
Reported emissions
Scope 3 accounts for ••• of total emissions.
Fidelidade's reported carbon emissions
Fidelidade, a Portuguese insurance and pension funding services company, reported approximately 1.21 billion kg CO2e in total emissions for 2024. This total comprises approximately 7.51 million kg CO2e of Scope 1 emissions, and approximately 10.52 million kg CO2e of Scope 2 emissions (market-based). Scope 3 emissions were the most significant contributor, accounting for approximately 1.19 billion kg CO2e, with investments being the largest category within Scope 3 at approximately 1.13 billion kg CO2e.
In 2023, Fidelidade's total emissions were approximately 1.17 billion kg CO2e, with Scope 1 at approximately 7.79 million kg CO2e, Scope 2 at approximately 11.39 million kg CO2e, and Scope 3 at approximately 1.15 billion kg CO2e.
For 2022, total emissions were approximately 1.37 billion kg CO2e, including approximately 7.56 million kg CO2e of Scope 1 emissions and approximately 15.42 million kg CO2e of Scope 2 emissions. Scope 3 emissions for 2022 were approximately 1.35 billion kg CO2e.
Fidelidade's emissions data is inherited from its parent company, Fidelidade - Companhia de Seguros, S.A., as a current subsidiary with a cascade level of 3. The company's climate commitments and specific reduction targets are not detailed in the provided information.
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Fidelidade’s Climate Goals (2030 & 2050)
No climate goals have been disclosed for Fidelidade yet.
Scope 3 top emissions categories
7 of 15 categories disclosedSee all scope 3 categories
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Climate initiatives
Science Based Targets Initiative
Carbon Disclosure Project
The Climate Pledge
UN Global Compact Climate Champions initiative
RE 100
Climate Action 100
Emissions comparison with industry peers
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Fidelidade
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