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 59.4 million kg CO2e. This figure includes Scope 1 emissions of about 2.3 million kg CO2e, Scope 2 emissions of approximately 1.1 million kg CO2e, and significant Scope 3 emissions amounting to about 56.0 million kg CO2e. The Scope 3 emissions are primarily driven by purchased goods and services, which account for approximately 32.9 million kg CO2e, alongside contributions from capital goods and business travel. 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 initiatives reported under the Science Based Targets initiative (SBTi) or other climate pledges. The company is committed to addressing its carbon footprint and has outlined its climate commitments, although specific reduction targets have not been detailed. As part of its sustainability strategy, Fidelidade aims to enhance its operational efficiency and reduce emissions across all scopes in alignment with industry standards.
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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.
