Fidelidade Sustainability Profile
Fidelidade, officially known as Fidelidade – Companhia de Seguros, S.A., is a leading insurance provider headquartered in Lisbon, Portugal. Established in 1835, the company has a rich history and has evolved into a key player in the insurance industry, offering a comprehensive range of products and services across life, health, and property insurance sectors. With a strong presence in Portugal and significant operations in various international markets, Fidelidade is renowned for its innovative solutions tailored to meet diverse customer needs. The company’s commitment to excellence is reflected in its robust market position, consistently recognised for its financial strength and customer service. Fidelidade’s unique offerings, including personalised insurance plans and digital services, set it apart in a competitive landscape, making it a trusted choice for individuals and businesses alike.
DitchCarbon Score
How does Fidelidade'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
Fidelidade's score of 29 is lower than 54% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Fidelidade's reported carbon emissions
In 2023, Fidelidade reported total carbon emissions of approximately 59,443,000 kg CO2e, with emissions distributed across various scopes. Specifically, Scope 1 emissions accounted for about 2,288,000 kg CO2e, while Scope 2 emissions were approximately 1,079,000 kg CO2e. The majority of emissions, about 56,027,000 kg CO2e, fell under Scope 3, which includes categories such as capital goods (approximately 14,898,000 kg CO2e) and purchased goods and services (about 32,980,000 kg CO2e). Fidelidade's emissions intensity for operations was reported at 2,370 kg CO2e per employee, and for their real estate portfolio, it was approximately 30,130 kg CO2e per square metre. The company has not disclosed specific reduction targets or initiatives as part of their climate commitments, and there are no SBTi (Science Based Targets initiative) reduction targets reported. The emissions data for Fidelidade is cascaded from its parent company, Fidelidade - Companhia de Seguros, S.A., reflecting the company's commitment to transparency in its environmental impact. As a current subsidiary, Fidelidade is part of a broader corporate family that prioritises sustainability, although specific reduction initiatives have not been detailed in the available reports.
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| 2018 | 2019 | 2020 | 2021 | 2022 | |
|---|---|---|---|---|---|
| Scope 1 | 1,002,090 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 |
| Scope 2 | 3,184,100 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 |
| Scope 3 | 1,094,870 | 0,000,000 | 0,000,000 | 000,000 | 000,000 |
How Carbon Intensive is Fidelidade's Industry?
How Carbon Intensive is Fidelidade's Location?
Fidelidade's Climate Goals (2030 & 2050)
Climate goals typically focus on 2030 interim targets and 2050 net-zero commitments, aligned with global frameworks like the Paris Agreement and Science Based Targets initiative (SBTi) to ensure alignment with global climate goals.
Fidelidade has not publicly committed to specific 2030 or 2050 climate goals through the major frameworks we track. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
