Aegon Ltd
Aegon's GHG Emissions Data Preview
In 2024, Aegon completed a corporate carbon footprint assessment and publicly disclosed its greenhouse gas (GHG) emissions according to the GHG Protocol, covering Scope 1 (direct emissions from owned or controlled sources), Scope 2 (indirect emissions from purchased energy) and Scope 3 (indirect emissions across the value chain).
Aegon has also provided a category-level breakdown for 3 out of 15 Scope 3 emissions categories, offering greater transparency into its value chain emissions.
| Metric (tCO2e) | 2024 | 2023 | 2022 | 2021 - 2017 |
|---|---|---|---|---|
Total Scope 1 | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  b | 0000000 |
Total Scope 2 | ||||
Market-Based | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  b | 0000000 |
Location-Based | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  b | 0000000 |
Total Scope 3 | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  b | 0000000 |
Total Scope 1 Revenue Intensity (tCO2e/$M) | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  | 0000000 |
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aVerified Sources Behind Aegon’s Greenhouse Gas (GHG) Emissions Data
Every figure on this dashboard has a transparent audit trail. With Tracenable, each data point is traceable back to its original source, viewable directly inside our platform. Explore Aegon’s data sources below and access millions more through our Disclosure Search.
Insights into Aegon's Operational Emissions
In 2024, the total operational greenhouse gas (GHG) emissions of Aegon amounted to 7,682 metric tons of CO2 equivalent. This figure includes both direct emissions from owned or controlled sources (Scope 1) and indirect emissions from purchased energy (Scope 2). a
Compared to 2023, the total operational greenhouse gas (GHG) emissions of Aegon decreased by 42.01%, showing that the company has made progress in taking action to reduce the climate impact of its operations. a
Aegon's Scope 1 Emissions Over Time
- Total Scope 1
- Year-over-Year Change
What are Aegon's Scope 1 emissions?
In 2024, the total Scope 1 emissions of Aegon were 1,480 metric tons of CO₂ equivalent (tCO₂e). a
Has Aegon reduced its Scope 1 emissions over time?
Since 2019, Aegon's Scope 1 emissions have decreased by 67.39%, reflecting a declining long-term trend in Scope 1 emissions over time. a
Compared to the previous year (2023), Aegon's Scope 1 emissions decreased by 23.91%, highlighting the company's efforts to lower direct emissions from assets it owns or controls. a
What are Aegon's Scope 2 emissions?
In 2024, Aegon reported Scope 2 greenhouse gas (GHG) emissions of 1,590 tCO₂e using the market-based method and 6,202 tCO₂e using the location-based method. a
Has Aegon reduced its Scope 2 emissions over time?
Since 2019, Aegon's Scope 2 greenhouse gas (GHG) emissions ( Location-Based) have decreased by 76.46%, reflecting a declining long-term trend in Scope 2 emissions over time. a
Compared to the previous year (2023), Aegon's Scope 2 emissions (Location-Based) fell by 45.12% in 2024, showing that the company has made progress in taking action to reduce the climate impact of its energy consumption. a
What methodology does Aegon use for Scope 2 reporting?
In 2024, Aegon reported its Scope 2 emissions using the market-based method and using the location-based method. a
Aegon's Scope 2 Emissions Over Time
- Total Scope 2 Location-Based
- Total Scope 2 Market-Based
Insights into Aegon's Value Chain Emissions
In 2024, Aegon reported 3,755,473 metric tons of CO₂ equivalent (tCO₂e) of Scope 3 greenhouse gas (GHG) emissions, representing indirect emissions across its upstream and downstream value chain. a
The 2024 disclosure of Aegon includes a breakdown across 3 of the 15 Scope 3 categories defined by the GHG Protocol, up from 2 in 2023, reflecting improved emissions accounting practices and greater transparency across the company's value chain a
Aegon's Scope 3 Emissions Over Time
- Total Scope 3
- Year-over-Year Change
What are Aegon's Scope 3 emissions?
In 2024, Aegon reported total Scope 3 emissions of 3,755,473 metric tons of CO₂ equivalent (tCO₂e). a
Approximately 0.31% of these emissions originated from upstream activities such as purchased goods and capital goods, while 99.69% came from downstream activities like product use, distribution, and end-of-life treatment. a
Compared to the previous year (2023), Aegon's Scope 3 emissions increased by 27.01%, suggesting that the company faced challenges in reducing emissions across its value chain. a
What categories of Scope 3 emissions does Aegon disclose?
In 2024, Aegon reported emissions for 3 out of the 15 Scope 3 categories defined by the GHG Protocol. a
The limited disclosure restricts visibility into specific emission sources across the company's value chain.
What are the main sources of Aegon's Scope 3 emissions?
In 2024, the largest contributors to Aegon's Scope 3 emissions were: a
- Investments (Cat. 15): 3,585,913 tCO₂e (99.69%)
- Business Travel (Cat. 6): 8,709 tCO₂e (0.24%)
- Employee Commuting (Cat. 7): 2,351 tCO₂e (0.07%)
Aegon's Scope 3 Emissions by Categories
Insights into Aegon’s GHG Emissions Intensity Compared to Industry Peers
In 2024, Aegon reported Scope 1 greenhouse gas (GHG) emissions of 1,480 tCO₂e and total revenues of USD 20,302 millions. This translates into an emissions intensity of 0.07 tCO₂e per millions USD. a
Aegon's Scope 1 Emissions Intensity Compared to Peers
How does Aegon's GHG emissions intensity compare to its peers?
In 2024, Aegon reported a Scope 1 emissions intensity of 0.07 tCO₂e per millions USD. Compared to the peer group median of 0.69 , this places the company below its industry benchmark, indicating it is more carbon-efficient than most competitors. a
Where does Aegon rank on GHG emissions intensity within its industry?
In 2024, Aegon ranked 2 out of 24 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e per millions USD). a
This places Aegon among the top performers, with one of the lowest emissions intensities relative to peers. a
Insights into Aegon's Total Carbon Footprint
In 2024, Aegon reported a total carbon footprint of 3,763,155 metric tons of CO₂ equivalent (tCO₂e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 26.7% increase compared to 2023, suggesting a rise in emissions across its operations or value chain. a
The largest contributor to Aegon's total carbon footprint was Scope 3 emissions, accounting for 99.8% of the company's total carbon footprint, followed by Scope 2 emissions at 0.16%. a