Grupo Catalana Occidente SA

Common Name
Grupo Catalana Occidente
Country
Spain
Sector
Financial Services
Industry
Insurance - Diversified
Employees
8,564
Ticker
GCO
Exchange
BOLSA DE MADRID
Description
Grupo Catalana Occidente S.A. is a diversified insurance and reinsurance company headquartered in Madrid, Spain. Its primary function is to provide a broad array of insurance products catering to both...

Grupo Catalana Occidente's GHG Emissions Data Preview

In 2024, Grupo Catalana Occidente 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).

Grupo Catalana Occidente 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)2024202320222021 - 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.
Copy restricted. Please purchase to unlock this data.
0000000
Location-Based
Copy restricted. Please purchase to unlock this data.
a
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.
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.
b
0000000
Download Data

Verified Sources Behind Grupo Catalana Occidente’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 Grupo Catalana Occidente’s data sources below and access millions more through our Disclosure Search.

a. Grupo Catalana Occidente's Sustainability Report 2024
a. Grupo Catalana Occidente's Sustainability Report 2024
b. Grupo Catalana Occidente's Sustainability Report 2023
b. Grupo Catalana Occidente's Sustainability Report 2023

Insights into Grupo Catalana Occidente's Operational Emissions

In 2024, the total operational greenhouse gas (GHG) emissions of Grupo Catalana Occidente amounted to 26,307.8 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 Grupo Catalana Occidente increased by 14.69%, suggesting that the company faced challenges in reducing its emissions from its core operations. a

Grupo Catalana Occidente's Scope 1 Emissions Over Time

20222023202405.5 k11 k16.5 k22 ktCO2e+4128%-8%
  • Total Scope 1
  • Year-over-Year Change

What are Grupo Catalana Occidente's Scope 1 emissions?

In 2024, the total Scope 1 emissions of Grupo Catalana Occidente were 19,053.6 metric tons of CO₂ equivalent (tCO₂e). a

Has Grupo Catalana Occidente reduced its Scope 1 emissions over time?

Since 2022, Grupo Catalana Occidente's Scope 1 emissions have increased by 3,775.05%, reflecting a rising long-term trend in Scope 1 emissions over time. a b

Compared to the previous year (2023), Grupo Catalana Occidente's Scope 1 emissions decreased by 8.34%, highlighting the company's efforts to lower direct emissions from assets it owns or controls. a

What are Grupo Catalana Occidente's Scope 2 emissions?

In 2024, Grupo Catalana Occidente reported Scope 2 greenhouse gas (GHG) emissions of 1,139.7 tCO₂e using the market-based method and 7,254.2 tCO₂e using the location-based method. a

What methodology does Grupo Catalana Occidente use for Scope 2 reporting?

In 2024, Grupo Catalana Occidente reported its Scope 2 emissions using the market-based method and using the location-based method. a

Grupo Catalana Occidente's Scope 2 Emissions Over Time

20222023202402 k4 k6 k8 ktCO2e
  • Total Scope 2 Location-Based
  • Total Scope 2 Market-Based
  • Total Scope 2 (Unspecified Calculation Method)

Insights into Grupo Catalana Occidente's Value Chain Emissions

In 2024, Grupo Catalana Occidente reported 4,793,803.1 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 Grupo Catalana Occidente includes a breakdown across 5 of the 15 Scope 3 categories defined by the GHG Protocol, up from 3 in 2023, reflecting improved emissions accounting practices and greater transparency across the company's value chain a

Grupo Catalana Occidente's Scope 3 Emissions Over Time

20222023202401.5 M3 M4.5 M6 MtCO2e+199%+48438%
  • Total Scope 3
  • Year-over-Year Change

What are Grupo Catalana Occidente's Scope 3 emissions?

In 2024, Grupo Catalana Occidente reported total Scope 3 emissions of 4,793,803.1 metric tons of CO₂ equivalent (tCO₂e). a

Approximately 0.34% of these emissions originated from upstream activities such as purchased goods and capital goods, while 99.66% came from downstream activities like product use, distribution, and end-of-life treatment. a

Has Grupo Catalana Occidente reduced its Scope 3 emissions over time?

Since 2022, Grupo Catalana Occidente's Scope 3 emissions have increased by 145,254.85%, reflecting a rising long-term trend in Scope 3 emissions over time. a b

Compared to the previous year (2023), Grupo Catalana Occidente's Scope 3 emissions increased by 48,438.45%, suggesting that the company faced challenges in reducing emissions across its value chain. a

What categories of Scope 3 emissions does Grupo Catalana Occidente disclose?

In 2024, Grupo Catalana Occidente 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 Grupo Catalana Occidente's Scope 3 emissions?

In 2024, the largest contributors to Grupo Catalana Occidente's Scope 3 emissions were: a

  • Investments (Cat. 15): 4,777,320.1 tCO₂e (99.66%)
  • Employee Commuting (Cat. 7): 7,530.9 tCO₂e (0.16%)
  • Fuel- and Energy-Related Services (Cat. 3): 4,532.3 tCO₂e (0.09%)

Grupo Catalana Occidente's Scope 3 Emissions by Categories

Investments(Cat. 15)(99.7%)

Insights into Grupo Catalana Occidente’s GHG Emissions Intensity Compared to Industry Peers

In 2024, Grupo Catalana Occidente reported Scope 1 greenhouse gas (GHG) emissions of 19,053.6 tCO₂e and total revenues of USD 2,587 millions. This translates into an emissions intensity of 7.36 tCO₂e per millions USD. a

Grupo Catalana Occidente's Scope 1 Emissions Intensity Compared to Peers

0.025500100,00020,000,000Scope 1 Emissions (tCO2e)2001,00010,00050,000200,000Revenues (Millions of USD)SBB Seguridade ParticipacoesYear: 2022Scope 1: 799,200 tCO2eRevenue: $M 879Scope 1 Intensity: 909.52 tCO2e/$MQatar Insurance Company QSPCYear: 2023Scope 1: 122 tCO2eRevenue: $M 2,590Scope 1 Intensity: 0.05 tCO2e/$MNew India AssuranceYear: 2025Scope 1: 2,669 tCO2eRevenue: $M 5,096Scope 1 Intensity: 0.52 tCO2e/$MOUTsurance GroupYear: 2024Scope 1: 819 tCO2eRevenue: $M 1,772Scope 1 Intensity: 0.46 tCO2e/$MSampo OyjYear: 2024Scope 1: 883 tCO2eRevenue: $M 9,933Scope 1 Intensity: 0.09 tCO2e/$MMapfreYear: 2023Scope 1: 10,422 tCO2eRevenue: $M 28,375Scope 1 Intensity: 0.37 tCO2e/$MHarelYear: 2022Scope 1: 4,260,000 tCO2eRevenue: $M 3,599Scope 1 Intensity: 1,183.55 tCO2e/$MAgeasYear: 2024Scope 1: 16,238 tCO2eRevenue: $M 8,824Scope 1 Intensity: 1.84 tCO2e/$MVienna Insurance GroupYear: 2024Scope 1: 18,538 tCO2eRevenue: $M 13,454Scope 1 Intensity: 1.38 tCO2e/$MHelvetia HoldingYear: 2024Scope 1: 8,631 tCO2eRevenue: $M 12,396Scope 1 Intensity: 0.70 tCO2e/$MStar HealthYear: 2024Scope 1: 0 tCO2eRevenue: $M 1,600Scope 1 Intensity: 0.00 tCO2e/$MAvivaYear: 2024Scope 1: 7,437 tCO2eRevenue: $M 39,855Scope 1 Intensity: 0.19 tCO2e/$MSSSagaYear: 2024Scope 1: 109,647 tCO2eRevenue: $M 731Scope 1 Intensity: 150.02 tCO2e/$MAegonYear: 2024Scope 1: 1,480 tCO2eRevenue: $M 20,302Scope 1 Intensity: 0.07 tCO2e/$MTalanxYear: 2024Scope 1: 13,090 tCO2eRevenue: $M 26,617Scope 1 Intensity: 0.49 tCO2e/$MPhoenix FinancialYear: 2024Scope 1: 3,783 tCO2eRevenue: $M 8,260Scope 1 Intensity: 0.46 tCO2e/$MSinar Mas MultiarthaYear: 2024Scope 1: 9,024 tCO2eRevenue: $M 1,621Scope 1 Intensity: 5.57 tCO2e/$MTrygYear: 2024Scope 1: 1,120 tCO2eRevenue: $M 5,611Scope 1 Intensity: 0.20 tCO2e/$MAXAYear: 2024Scope 1: 21,054 tCO2eRevenue: $M 93,490Scope 1 Intensity: 0.23 tCO2e/$MALM. Brand A/SYear: 2024Scope 1: 599 tCO2eRevenue: $M 1,970Scope 1 Intensity: 0.30 tCO2e/$MSun Life FinancialYear: 2023Scope 1: 15,057 tCO2eRevenue: $M 28,817Scope 1 Intensity: 0.52 tCO2e/$MArch Capital GroupYear: 2024Scope 1: 2,252 tCO2eRevenue: $M 16,932Scope 1 Intensity: 0.13 tCO2e/$MICICI LombardYear: 2024Scope 1: 907 tCO2eRevenue: $M 2,612Scope 1 Intensity: 0.35 tCO2e/$MAmerican International GroupYear: 2024Scope 1: 8,258 tCO2eRevenue: $M 27,272Scope 1 Intensity: 0.30 tCO2e/$MGrupo Catalana OccidenteYear: 2024Scope 1: 19,054 tCO2eRevenue: $M 2,587Scope 1 Intensity: 7.36 tCO2e/$M

How does Grupo Catalana Occidente's GHG emissions intensity compare to its peers?

In 2024, Grupo Catalana Occidente reported a Scope 1 emissions intensity of 7.36 tCO₂e per millions USD. Compared to the peer group median of 0.41 , this places the company above its industry benchmark, indicating it is less carbon-efficient than most competitors. a

Where does Grupo Catalana Occidente rank on GHG emissions intensity within its industry?

In 2024, Grupo Catalana Occidente ranked 22 out of 24 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e per millions USD). a

This places Grupo Catalana Occidente among the least efficient performers, with one of the highest emissions intensities in its sector. a

Insights into Grupo Catalana Occidente's Total Carbon Footprint

In 2024, Grupo Catalana Occidente reported a total carbon footprint of 4,820,110.9 metric tons of CO₂ equivalent (tCO₂e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 14,588.83% increase compared to 2023, suggesting a rise in emissions across its operations or value chain. a

The largest contributor to Grupo Catalana Occidente's total carbon footprint was Scope 3 emissions, accounting for 99.45% of the company's total carbon footprint, followed by Scope 1 emissions at 0.4%. a

Want Full Access to Grupo Catalana Occidente's GHG Emissions Dataset?
Sign Up