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