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 44 is higher than 69% 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 2024, Grupo Catalana Occidente reported total carbon emissions of approximately 20,193,300 kg CO2e, with significant contributions from Scope 2 emissions at about 1,139,700 kg CO2e and Scope 3 emissions, which included business travel (3,875,200 kg CO2e) and fuel and energy-related activities (4,532,300 kg CO2e). The previous year, 2023, saw total emissions of about 32,814,800 kg CO2e, primarily from Scope 2 emissions at approximately 2,151,700 kg CO2e. The company has committed to achieving net-zero emissions by 2050, joining the Net-Zero Insurance Alliance (NZIA) in 2021. This long-term goal encompasses all scopes of emissions, with specific intermediate targets to be set for both Scope 1 and Scope 2 emissions. Their transition plan aims for carbon neutrality in their underwriting portfolio by 2050, with progress being tracked from 2023 onwards. Emissions data for Grupo Catalana Occidente is cascaded from its parent company, Grupo Catalana Occidente, S.A., reflecting a corporate family relationship. The company is actively working towards its climate commitments, with a focus on reducing its carbon footprint across all operational scopes.
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| 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|
| Scope 1 | 134,570 | 000,000 | - | - | - |
| Scope 2 | 2,477,410 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 |
| Scope 3 | - | 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.
