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OrganisationsGrupo Catalana Occidente
Grupo Catalana Occidente logo

Grupo Catalana Occidente

Insurance ServicesSpain
Last verified 4 months agogco.com

Grupo Catalana Occidente, headquartered in Spain, is a leading player in the insurance and financial services industry. Founded in 1864, the company has established a strong presence across various regions, particularly in Europe and Latin America. With a diverse portfolio, Grupo Catalana Occidente primarily focuses on life and non-life insurance, as well as reinsurance services, catering to both individual and corporate clients.

Renowned for its commitment to customer service and innovative solutions, the company offers unique products that stand out in a competitive market. Over the years, Grupo Catalana Occidente has achieved significant milestones, solidifying its position as one of the top insurance groups in Spain. Its dedication to excellence and robust market strategies have earned it a reputation for reliability and trustworthiness in the financial sector.

81
DitchCarbon score

+44 vs industry average

Grupo Catalana Occidente’s score of 81 is higher than 89% 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

Very Low

Insurance Services is among the least carbon-intensive industries

Industry performance

0.029
20192025

The Insurance Services industry has reduced its overall emissions by 7% since 2019

Emissions trajectory 2020 – 2028

0B000.0M000M000.0M0

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202020212022202320242025202620272028

Reported emissions

Scope 1
•••kg CO₂e
Scope 2
•••kg CO₂e
Scope 3
•••kg CO₂e
Total reported
•••kg CO₂e

Scope 3 accounts for ••• of total emissions.

Grupo Catalana Occidente's reported carbon emissions

In 2025, Grupo Catalana Occidente reported total carbon emissions of approximately 1.4 billion kg CO2e. This figure includes Scope 1 emissions of about 13.6 million kg CO2e, Scope 2 emissions of approximately 839,900 kg CO2e (market-based), and a significant Scope 3 total of around 874.3 million kg CO2e. The Scope 3 emissions are primarily driven by investments, business travel, and employee commuting.

The company has committed to achieving net-zero emissions by 2050, joining the Net-Zero Insurance Alliance (NZIA) to support this goal. As part of its climate strategy, Grupo Catalana Occidente plans to set intermediate, science-based targets for both Scope 1 and Scope 2 emissions, aiming for carbon neutrality in its underwriting portfolio by 2050.

This commitment is part of a broader transition plan to reach climate neutrality by 2050, which encompasses all scopes of emissions. The company is currently on track to meet its long-term climate goals, with specific plans in place for both Scope 1 and Scope 2 emissions reductions.

The emissions data for Grupo Catalana Occidente is cascaded from its parent organization, Grupo Catalana Occidente, S.A., reflecting a corporate family relationship that influences its sustainability reporting and climate commitments.

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Grupo Catalana Occidente’s Climate Goals (2030 & 2050)

5 goals

2050

GCO will set intermediate, progressive and science-based tar…

GCO will set intermediate, progressive and science-based targets that will allow it to achieve the ultimate goal of being a carbon neutral c…

On track0%

2030

62% reduction in total GHG

Vs 2019 baseline. Validated by SBTi. Includes full supply chain.

At risk48%

2040

50% reduction in Scope 3 intensity

Across purchased goods and services and logistics.

Behind target22%

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Scope 3 top emissions categories

6 of 15 categories disclosed
Investments98%
Employee Commuting1%
Fuel & Energy Activities0%
Business Travel0%
Purchased Goods & Services0%
Downstream Leased Assets0%
Investments98%
Employee Commuting1%
Fuel & Energy Activities0%
Business Travel0%
Purchased Goods & Services0%
Downstream Leased Assets0%

See all scope 3 categories

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Climate initiatives

SCIENCE BASED TARGETS

Science Based Targets Initiative

See details
Not active
CDP

Carbon Disclosure Project

See details
Not active
THE CLIMATE PLEDGE

The Climate Pledge

See details
Not active
United Nations Global Compact

UN Global Compact Climate Champions initiative

See details
Not active
RE 100

RE 100

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Not active
Climate Action 100+

Climate Action 100

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Not active

Emissions comparison with industry peers

View similar organisations
CompanyCountryIndustryLast updatedScoreDetails
Grupo Catalana Occidente logoGrupo Catalana Occidente
ESInsurance Services
4 months ago
81
Zürich Versicherungs-Gesellschaft AG logoZürich Versicherungs-Gesellschaft AG
CHInsurance Services
2 days ago
100
View
Zurich logoZurich
CHInsurance Services
2 days ago
100
View
Axa logoAxa
FRDirect Life Insurance Carriers
2 days ago
100
View
Asr Nederland logoAsr Nederland
NLInsurance Services
2 days ago
91
View
Sanitas, S.A. de Seguros logoSanitas, S.A. de Seguros
ESInsurance Services
2 days ago
88
View
Generali Group logoGenerali Group
ITDirect Life Insurance Carriers
16 hours ago
85
View

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Ditchcarbonv260709.1
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