Bb Seguros

BB Seguros: Climate Commitments & Emissions Performance

BB Seguros, an insurance and pension funding services provider headquartered in Brazil, is actively working to manage its carbon footprint.

In 2023, BB Seguros reported approximately 119,880 kg CO2e in Scope 1 emissions, which primarily include mobile combustion (19,440 kg CO2e), fugitive emissions (43,690 kg CO2e), and stationary combustion (56,740 kg CO2e). For the same year, Scope 3 emissions were approximately 2,023,100 kg CO2e. There is no Scope 2 data reported for 2023.

Looking back, in 2022, the company's Scope 1 emissions were approximately 774,790 kg CO2e, with Scope 3 emissions at approximately 360,450 kg CO2e. For 2021, BB Seguros's Scope 1 emissions totalled approximately 115,050 kg CO2e, Scope 2 emissions were about 242,400 kg CO2e, and Scope 3 emissions were about 110,920 kg CO2e, encompassing categories such as business travel (19,770 kg CO2e), employee commute (91,040 kg CO2e), and purchased goods and services (110 kg CO2e).

BB Seguros has demonstrated a commitment to emissions reduction through specific targets. The company achieved a 5.58% reduction in Scope 2 indirect emissions from energy acquisition between 2022 and 2023. Historically, between 2019 and 2020, BB Seguros achieved a 34.02% reduction in direct (Scope 1) emissions and an 84.33% reduction in indirect Scope 2 emissions from energy acquisition.

BB Seguros's reported emissions data and reduction initiatives are directly from the organization, without cascading from a parent or related entity.