Ageas SA

Common Name
Ageas
Country
Belgium
Sector
Financial Services
Industry
Insurance - Diversified
Employees
16,797
Ticker
AGS
Exchange
EURONEXT
Description
Ageas N.V. is a renowned international insurance company that principally operates in Europe and Asia. It specializes in offering comprehensive life and non-life insurance services, such as health, ac...

Ageas's Climate Target Data Preview

As of 2024, Ageas has disclosed 3 climate targets aimed at reducing its greenhouse gas (GHG) emissions. These include 2 absolute reduction targets and 1 intensity-based target target, signaling the company’s commitment to managing and lowering its carbon footprint over time. The targets span various emissions scopes and time horizons, offering insight into Ageas ’s climate strategy, ambition level, and alignment with global decarbonization goals.

Target TypeScope of TargetUnitTargetTarget Year
Absolute-based Target*
Scope 1 - Total, Scope 2 - Total, Scope 3 - Business Travel (Cat. 6), Scope 3 - Employee Commuting (Cat. 7)
Metric Tonnes of CO2 equivalent (mtCO2e)
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2027
Absolute-based Target
Scope 1 - Total, Scope 2 - Total, Scope 3 - Purchased Goods and Services (Cat. 1), Scope 3 - Capital Goods (Cat. 2), Scope 3 - Waste Generated in Operations (Cat. 5), Scope 3 - Business Travel (Cat. 6), Scope 3 - Employee Commuting (Cat. 7)
Metric Tonnes of CO2 equivalent (mtCO2e)
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2029
Intensity-based Target*
Scope 3 - Investments (Cat. 15)
Metric Tonnes of CO2 equivalent (mtCO2e) per US Dollar (USD) of Revenue
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2030
* This target is limited in scope and does not represent the company's full operational or organizational boundaries

This table provides a simplified preview of selected climate targets data points. To access the complete dataset with full disclosures, detailed breakdowns, and source traceability, create a free account to view purchase options.

Insights into Ageas's Greenhouse Gas Emissions Pathways

As of 2024, Ageas has set greenhouse gas (GHG) emissions reduction targets that cover its value chain emissions (Scope 3), without dedicated targets for its operational emissions. This indicates a focus on upstream and downstream climate impacts rather than internal operations.

Does Ageas have a target to reduce the emissions from its value chain?

As of 2024, Ageas has set a target to reduce its value chain greenhouse gas (GHG) emissions, covering 1 out of the 15 Scope 3 categories defined by the GHG Protocol.

Ageas's most ambitious value chain target is to reduce these emissions by 55% by 2030, compared to a baseline of 0 Metric Tonnes of CO2 equivalent (mtCO2e) per US Dollar (USD) of Revenue in 2021.

As of 2024, Ageas is ahead of schedule on its value chain emissions reduction target, having achieved 84.02% of the planned reduction.

Ageas's Value Chain (Scope 3) Emissions Pathway

20212024203000000BaselineCurrent (-46%)

Does Ageas have a target to reduce its total carbon footprint?

As of 2024, Ageas has set a target to reduce its total carbon footprint, specifically those from Scope 1, Scope 2 and Scope 3 sources.

Ageas's most ambitious carbon footprint target is to reduce its scope 1, 2 and 3 emissions from a baseline of 30,281 Metric Tonnes of CO2 equivalent (mtCO2e) in 2019, by 40% by 2029.

As of 2024, Ageas is lagging behind on its total carbon footprint reduction target, having achieved 42.5% of the planned reduction.

Ageas's Carbon Footprint (Scope 1+2+3) Emissions Pathway

20192024202908 k16 k24 k32 kBaselineCurrent (-17%)Target 2029 (-40%)
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