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.
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.
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.
Grupo Catalana Occidente's score of 36 is higher than 88% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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 fluctuated over the years. 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. Notably, in 2021, Grupo Catalana Occidente's total emissions were approximately 4,095,930 kg CO2e, with a significant portion attributed to Scope 3 emissions at 1,498,860 kg CO2e. Despite these figures, there are currently no specific reduction targets or initiatives disclosed by the company. The absence of documented reduction commitments suggests that Grupo Catalana Occidente may be in the early stages of developing a comprehensive climate strategy. As the insurance and financial services industry increasingly prioritises sustainability, it will be essential for the company to establish clear climate commitments to align with global climate goals.
Access structured emissions data, company-specific emission factors, and source documents
2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|---|---|
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 |
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.