Grupo Catalana Occidente SA

Common Name
Grupo Catalana Occidente
Country
Spain
Sector
Financial Services
Industry
Insurance - Diversified
Employees
8,518
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 2023, 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 3 out of 15 Scope 3 emissions categories, offering greater transparency into its value chain emissions.

Metric (tCO2e)2024202320222021 - 2017
Total Scope 1
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Total Scope 2
Unspecified Calculation Method
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Total Scope 3
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This table provides a simplified preview of selected GHG emissions 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 Grupo Catalana Occidente's Operational Emissions

In 2023, the total operational greenhouse gas (GHG) emissions of Grupo Catalana Occidente amounted to 22,938.5 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).

Compared to 2022, the total operational greenhouse gas (GHG) emissions of Grupo Catalana Occidente increased by 694.9%, suggesting that the company faced challenges in reducing its emissions from its core operations.

Grupo Catalana Occidente's Scope 1 Emissions Over Time

2022202305.5 k11 k16.5 k22 ktCO2e+4128%
  • Total Scope 1
  • Year-over-Year Change

What are Grupo Catalana Occidente's Scope 1 emissions?

In 2023, the total Scope 1 emissions of Grupo Catalana Occidente were 20,786.8 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).

Compared to the previous year (2022), Grupo Catalana Occidente's Scope 1 emissions increased by 4,127.54%, suggesting that the company faced challenges in reducing emissions from its directly owned or controlled operations.

What are Grupo Catalana Occidente's Scope 2 emissions?

In 2023, Grupo Catalana Occidente reported Scope 2 greenhouse gas (GHG) emissions of 2,151.7 tCOâ‚‚e without specifying the calculation method.

Has Grupo Catalana Occidente reduced its Scope 2 emissions over time?

Compared to the previous year (2022), Grupo Catalana Occidente's Scope 2 emissions (Unspecified Calculation Method) fell by 10.12% in 2023, showing that the company has made progress in taking action to reduce the climate impact of its energy consumption.

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

In 2023, Grupo Catalana Occidente reported its Scope 2 emissions using an unspecified methodology.

Grupo Catalana Occidente's Scope 2 Emissions Over Time

2022202306001.2 k1.8 k2.4 ktCO2e
  • Total Scope 2 (Unspecified Calculation Method)

Insights into Grupo Catalana Occidente's Value Chain Emissions

In 2023, Grupo Catalana Occidente reported 9,876.3 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) of Scope 3 greenhouse gas (GHG) emissions, representing indirect emissions across its upstream and downstream value chain.

The 2023 disclosure of Grupo Catalana Occidente includes a breakdown across 3 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.

Grupo Catalana Occidente's Scope 3 Emissions Over Time

2022202302.5 k5 k7.5 k10 ktCO2e+199%
  • Total Scope 3
  • Year-over-Year Change

What are Grupo Catalana Occidente's Scope 3 emissions?

In 2023, Grupo Catalana Occidente reported total Scope 3 emissions of 9,876.3 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).

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.

Compared to the previous year (2022), Grupo Catalana Occidente's Scope 3 emissions increased by 199.46%, suggesting that the company faced challenges in reducing emissions across its value chain.

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

In 2023, Grupo Catalana Occidente reported emissions for 3 out of the 15 Scope 3 categories defined by the GHG Protocol.

The limited disclosure restricts visibility into specific emission sources across the company's value chain.

What are the main sources of Grupo Catalana Occidente's Scope 3 emissions?

In 2023, the largest contributors to Grupo Catalana Occidente's Scope 3 emissions were:

  • Fuel- and Energy-Related Services (Cat. 3): 5,404 tCOâ‚‚e (54.72%)
  • Business Travel (Cat. 6): 4,269.4 tCOâ‚‚e (43.23%)
  • Purchased Goods and Services (Cat. 1): 202.9 tCOâ‚‚e (2.05%)

Grupo Catalana Occidente's Scope 3 Emissions by Categories

Fuel- andEnergy-RelatedServices (Cat. 3)(54.7%)Purchased Goods andServices (Cat. 1)(2.1%)Business Travel(Cat. 6)(43.2%)

Insights into Grupo Catalana Occidente's Total Carbon Footprint

In 2023, Grupo Catalana Occidente reported a total carbon footprint of 32,814.8 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 430.67% increase compared to 2022, suggesting a rise in emissions across its operations or value chain.

The largest contributor to Grupo Catalana Occidente's total carbon footprint was Scope 1 emissions, accounting for 63.35% of the company's total carbon footprint, followed by Scope 3 emissions at 30.1%.

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