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Public Profile
Financial Intermediation
BR
updated 10 days ago

Porto Seguro

Company website

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.

46

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.

27

Industry Benchmark

Porto Seguro's score of 46 is higher than 70% of the industry. This can give you a sense of how well the company is doing compared to its peers.

70%

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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 a significant 47,171,000 kg CO2e from Scope 3, specifically related to business travel. This data reflects a notable increase in emissions from previous years, particularly in Scope 3, which saw a reduction in 2022 to about 72,301,920 kg CO2e and 46,966,630 kg CO2e in 2021. Porto Seguro's emissions data is cascaded from its parent company, Porto Seguro S.A., which provides a comprehensive overview of the organisation's carbon footprint. Despite the lack of specific reduction targets or initiatives outlined in their current commitments, the company is part of a broader industry context that increasingly prioritises sustainability and carbon reduction. The emissions data indicates a trend of fluctuating emissions over the years, with Scope 1 and 2 emissions showing variability, while Scope 3 emissions have been particularly high, highlighting the need for enhanced strategies to manage indirect emissions. Porto Seguro's commitment to addressing climate change is evident, although specific reduction targets have not been established or disclosed at this time.

Unlock detailed emissions data

Access structured emissions data, company-specific emission factors, and source documents

20112012201320192020202120222023
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

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. Porto Seguro's primary industry is Financial intermediation services, except insurance and pension funding services (65), 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. This request for Porto Seguro is in BR, which has a very low grid carbon intensity relative to other regions.

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.

Science Based Targets Initiative
Carbon Disclosure Project
The Climate Pledge
UN Global Compact
RE 100
Climate Action 100
Race To Net Zero
Reduction Actions

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