Fidelidade
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 higher than 55% 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. This figure includes 2,288,000 kg CO2e from Scope 1 emissions, primarily from mobile combustion (1,849,000 kg CO2e) and stationary combustion (1,000 kg CO2e). Scope 2 emissions accounted for about 1,079,000 kg CO2e, while Scope 3 emissions were significantly higher at approximately 56,027,000 kg CO2e, with major contributions from purchased goods and services (32,980,000 kg CO2e) and capital goods (14,898,000 kg CO2e). Fidelidade's emissions data is cascaded from its parent company, Fidelidade - Companhia de Seguros, S.A., reflecting a corporate family relationship. However, there are currently no specific reduction targets or climate pledges documented for the organisation. The absence of defined reduction initiatives suggests a need for further commitment to climate action within the insurance sector. Overall, while Fidelidade has disclosed comprehensive emissions data across all three scopes, the lack of reduction targets indicates an opportunity for the company to enhance its climate strategy and align with industry standards for sustainability.
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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 |
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.
Fidelidade 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.
