Public Profile

Grupo Catalana Occidente

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.

DitchCarbon Score

How does Grupo Catalana Occidente'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.

38

Industry Average

Mean score of companies in the 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.

0

Industry Benchmark

Grupo Catalana Occidente's score of 38 is higher than 90% of the industry. This can give you a sense of how well the company is doing compared to its peers.

90%

Grupo Catalana Occidente's reported carbon emissions

In 2023, Grupo Catalana Occidente reported total carbon emissions of approximately 32,814,800 kg CO2e. This figure includes 20,786,800 kg CO2e from Scope 1 emissions, 2,151,700 kg CO2e from Scope 2 emissions, and 9,876,300 kg CO2e from Scope 3 emissions, which encompasses business travel, purchased goods and services, and fuel and energy-related activities. The company's emissions have shown significant fluctuations over the years. For instance, in 2022, total emissions were about 6,183,800 kg CO2e, with Scope 1 at 491,700 kg CO2e, Scope 2 at 2,394,000 kg CO2e, and Scope 3 at 3,298,000 kg CO2e. In 2021, total emissions were approximately 4,095,930 kg CO2e, indicating a substantial increase in 2023. Despite these figures, Grupo Catalana Occidente has not publicly committed to specific reduction targets or initiatives, as indicated by the absence of documented reduction targets or climate pledges. This lack of formal commitments may reflect broader industry trends where companies are increasingly scrutinised for their climate impact and sustainability practices.

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Add to project
2017201820192020202120222023
Scope 1
73,007.52
00,000.00
00,000.00
000,000
000,000
000,000
00,000,000
Scope 2
7,438,223.15
0,000,000.00
0,000,000.00
0,000,000
0,000,000
0,000,000
0,000,000
Scope 3
-
-
-
-
0,000,000
0,000,000
0,000,000

Industry emissions intensity

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. Grupo Catalana Occidente's primary industry is , 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. Grupo Catalana Occidente is headquartered in ES, which has a rank of low, indicating low grid carbon intensity.

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.

Grupo Catalana Occidente is not committed to any reduction initiatives 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.

SBTi
CDP
The Climate Pledge
UN Global Compact
Carbon Disclosure Project
The Climate Pledge
UN Global Compact

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Where does DitchCarbon data come from?

Discover our data-driven methodology for measuring corporate climate action and benchmarking against industry peers