Porto Seguro
Porto Seguro S.A., commonly referred to as Porto Seguro, is a leading insurance and financial services provider headquartered in Brazil. Established in 1945, the company has grown to become a prominent player in the Brazilian insurance market, with a strong presence in major regions across the country. Specialising in a diverse range of products, Porto Seguro offers auto, health, life, and property insurance, alongside innovative financial solutions. Its commitment to customer service and technological advancements sets it apart from competitors, ensuring tailored coverage for individual and corporate clients alike. With a reputation for reliability and excellence, Porto Seguro has achieved significant milestones, including numerous awards for customer satisfaction and service quality. As a trusted name in the industry, Porto Seguro continues to strengthen its market position, providing peace of mind to millions of Brazilians.
DitchCarbon Score
How does Porto Seguro'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 Financial Intermediation 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
Porto Seguro's score of 46 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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Porto Seguro's reported carbon emissions
In 2023, Porto Seguro reported total carbon emissions of approximately 66,000,000 kg CO2e, comprising 1,853,330 kg CO2e from Scope 1, 1,084,000 kg CO2e from Scope 2, and about 47,171,000 kg CO2e from Scope 3, specifically related to business travel. This represents a significant increase in Scope 3 emissions compared to 2022, where total emissions were approximately 72,301,920 kg CO2e, with Scope 1 at 1,154,790 kg CO2e and Scope 2 at 1,319,680 kg CO2e. Over the past few years, Porto Seguro has shown fluctuations in its emissions profile. For instance, in 2021, the company emitted about 46,966,630 kg CO2e in Scope 3, with Scope 1 and 2 emissions at 1,196,390 kg CO2e and 2,592,270 kg CO2e, respectively. The data indicates a trend of increasing Scope 3 emissions, which may reflect changes in business operations or travel patterns. Porto Seguro's emissions data is cascaded from its parent company, Porto Seguro S.A., and does not currently include specific reduction targets or commitments under the Science Based Targets initiative (SBTi). The company has not outlined any formal climate pledges or reduction initiatives, indicating a potential area for future development in their sustainability strategy. Overall, Porto Seguro's emissions data highlights the need for enhanced climate commitments and strategies to address the growing impact of their carbon footprint, particularly in Scope 3 emissions.
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| 2011 | 2012 | 2013 | 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|---|---|---|
| Scope 1 | 1,874,250 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 |
| Scope 2 | 757,190 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 |
| Scope 3 | 13,642,530 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
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.
Porto Seguro 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.
