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 44 is higher than 80% 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 18,533,300 kg CO2e, comprising 1,853,330 kg CO2e from Scope 1, 1,084,000 kg CO2e from Scope 2, and 47,171,000 kg CO2e from Scope 3 emissions. This reflects a significant reliance on business travel, which is a major contributor to their overall emissions profile. Over the years, Porto Seguro has shown fluctuations in its emissions. For instance, in 2022, the company emitted about 13,546,490 kg CO2e, with Scope 1 emissions at 1,154,790 kg CO2e, Scope 2 at 1,319,680 kg CO2e, and a notable 72,301,920 kg CO2e from Scope 3. The trend indicates a growing emphasis on managing emissions, particularly in Scope 3, which often represents the largest share of total emissions for many companies. Despite these figures, Porto Seguro has not publicly committed to specific reduction targets or initiatives, as indicated by the absence of documented reduction targets or climate pledges. This lack of formal commitments may reflect a broader industry context where many companies are still developing comprehensive strategies to address climate change. Overall, Porto Seguro's emissions data highlights the need for ongoing assessment and potential action to align with global climate goals, particularly in reducing Scope 3 emissions associated with business travel and other indirect activities.
Access structured emissions data, company-specific emission factors, and source documents
Add to project2011 | 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 committed to any reduction initiatives 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.