Ageas SA
Ageas's GHG Emissions Data Preview
In 2023, Ageas 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).
Ageas has also provided a category-level breakdown for 5 out of 15 Scope 3 emissions categories, offering greater transparency into its value chain emissions.
| Metric (tCO2e) | 2023 | 2022 | 2021 | 2020 - 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.  | 0000000 |
Location-Based | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | 0000000 |
Unspecified Calculation Method | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | 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.  b | 0000000 |
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Verified Sources Behind Ageas’s Greenhouse Gas (GHG) Emissions Data
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Insights into Ageas's Operational Emissions
In 2023, the total operational greenhouse gas (GHG) emissions of Ageas amounted to 12,677 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 2022, the total operational greenhouse gas (GHG) emissions of Ageas increased by 14.53%, suggesting that the company faced challenges in reducing its emissions from its core operations. a
Ageas's Scope 1 Emissions Over Time
- Total Scope 1
- Year-over-Year Change
What are Ageas's Scope 1 emissions?
In 2023, the total Scope 1 emissions of Ageas were 11,229 metric tons of CO₂ equivalent (tCO₂e). a
Has Ageas reduced its Scope 1 emissions over time?
Since 2019, Ageas's Scope 1 emissions have decreased by 12.1%, reflecting a declining long-term trend in Scope 1 emissions over time. a
Compared to the previous year (2022), Ageas's Scope 1 emissions increased by 8.92%, suggesting that the company faced challenges in reducing emissions from its directly owned or controlled operations. a
What are Ageas's Scope 2 emissions?
In 2023, Ageas reported Scope 2 greenhouse gas (GHG) emissions of 1,448 tCO₂e using the market-based method. a
Has Ageas reduced its Scope 2 emissions over time?
Since 2019, Ageas's Scope 2 greenhouse gas (GHG) emissions (Market-Based) have decreased by 43.77%, reflecting a declining long-term trend in Scope 2 emissions over time. a
Compared to the previous year (2022), Ageas's Scope 2 emissions (Market-Based) rose by 90.53% in 2023, suggesting that the company faced challenges in reducing emissions from purchased electricity and energy a
What methodology does Ageas use for Scope 2 reporting?
In 2023, Ageas reported its Scope 2 emissions using the market-based method. a
Ageas's Scope 2 Emissions Over Time
- Total Scope 2 Market-Based
- Total Scope 2 (Unspecified Calculation Method)
Insights into Ageas's Value Chain Emissions
In 2023, Ageas reported 16,854 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 2023 disclosure of Ageas includes a breakdown across 5 of the 15 Scope 3 categories defined by the GHG Protocol, matching the level of disclosure in 2022, demonstrating consistent Scope 3 emissions reporting coverage year over year. a
Ageas's Scope 3 Emissions Over Time
- Total Scope 3
- Year-over-Year Change
What are Ageas's Scope 3 emissions?
In 2023, Ageas reported total Scope 3 emissions of 16,854 metric tons of CO₂ equivalent (tCO₂e). a
Approximately 100% of these emissions originated from upstream activities such as purchased goods and capital goods, while 0% came from downstream activities like product use, distribution, and end-of-life treatment. a
Has Ageas reduced its Scope 3 emissions over time?
Since 2019, Ageas's Scope 3 emissions have remained relatively stable, indicating that Ageas 's emissions have plateaued with no significant change in its value chain footprint. a
Compared to the previous year (2022), Ageas's Scope 3 emissions increased by 58.64%, suggesting that the company faced challenges in reducing emissions across its value chain. a
What categories of Scope 3 emissions does Ageas disclose?
In 2023, Ageas reported emissions for 5 out of the 15 Scope 3 categories defined by the GHG Protocol. a
This partial disclosure allows for some insight into the company's indirect impacts.
What are the main sources of Ageas's Scope 3 emissions?
In 2023, the largest contributors to Ageas's Scope 3 emissions were: a
- Employee Commuting (Cat. 7): 9,224 tCO₂e (54.73%)
- Business Travel (Cat. 6): 5,637 tCO₂e (33.45%)
- Capital Goods (Cat. 2): 1,473 tCO₂e (8.74%)
Ageas's Scope 3 Emissions by Categories
Insights into Ageas's Total Carbon Footprint
In 2023, Ageas reported a total carbon footprint of 29,531 metric tons of CO₂ equivalent (tCO₂e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 36.13% increase compared to 2022, suggesting a rise in emissions across its operations or value chain. a
The largest contributor to Ageas's total carbon footprint was Scope 3 emissions, accounting for 57.07% of the company's total carbon footprint, followed by Scope 1 emissions at 38.02%. a