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.
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.
Industry Benchmark
Grupo Catalana Occidente's score of 43 is higher than 92% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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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. The Scope 3 emissions breakdown indicates significant contributions from business travel (4,269,400 kg CO2e) and fuel and energy-related activities (5,404,000 kg CO2e). The company has set a long-term commitment to achieve net-zero emissions by 2050, having joined the Net-Zero Insurance Alliance (NZIA) in 2021. This ambitious target encompasses all scopes of emissions, reflecting a comprehensive approach to climate responsibility. In previous years, emissions have varied, with 2022 reporting approximately 6,183,800 kg CO2e, 2021 at about 4,095,930 kg CO2e, and 2020 at approximately 2,611,980 kg CO2e. The data indicates a significant increase in emissions from 2021 to 2023, highlighting the need for ongoing efforts to meet their climate commitments. Grupo Catalana Occidente's focus on reducing its carbon footprint aligns with industry standards and reflects a proactive stance towards climate change mitigation.
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| 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 |
Industry emissions intensity
Location emissions 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 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.
