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Santander Seguros y Reaseguros, Compañía Aseguradora, S.A.
Santander Seguros y Reaseguros, Compañía Aseguradora, S.A., headquartered in Spain, is a prominent player in the insurance and reinsurance industry. Established in the early 20th century, the company has evolved significantly, marking key milestones that underscore its commitment to innovation and customer service. Operating primarily in Spain and across various European markets, Santander Seguros offers a diverse range of products, including life, health, and property insurance. What sets them apart is their tailored solutions that cater to both individual and corporate clients, ensuring comprehensive coverage and peace of mind. With a strong market position, Santander Seguros is recognised for its financial stability and customer-centric approach, making it a trusted choice for insurance needs. Their dedication to excellence has earned them notable achievements within the industry, reinforcing their reputation as a leading insurer in the region.
DitchCarbon Score
How does Santander Seguros y Reaseguros, Compañía Aseguradora, S.A.'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
Santander Seguros y Reaseguros, Compañía Aseguradora, S.A.'s score of 46 is higher than 67% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Santander Seguros y Reaseguros, Compañía Aseguradora, S.A. currently does not have specific carbon emissions data available, as indicated by the absence of reported emissions figures. The company is a current subsidiary of Banco Santander, S.A., which cascades its emissions data and climate initiatives down to its subsidiaries. As part of its commitment to sustainability, Santander Seguros y Reaseguros aligns with the broader climate strategies of Banco Santander, S.A. However, no specific reduction targets or initiatives have been documented for this subsidiary. The lack of detailed emissions data and reduction commitments suggests that the company may still be in the early stages of formalising its climate action plans. In the context of the insurance and reinsurance industry, companies are increasingly expected to adopt robust climate strategies and disclose their emissions. Santander Seguros y Reaseguros will likely need to enhance its climate commitments to meet industry standards and stakeholder expectations.
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| 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|---|---|---|---|
| Scope 1 | 27,001,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
| Scope 2 | 258,356,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
| Scope 3 | 132,734,000 | 000,000,000 | 000,000,000 | 000,000,000 | - | 00,000,000 | 00,000,000 | 000,000,000 | 0,000,000,000 |
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.
Santander Seguros y Reaseguros, Compañía Aseguradora, S.A. 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.
