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Porto Seguro SA

Common Name
Porto Seguro
Country
Brazil
Sector
Financial Services
Industry
Insurance - Diversified
Employees
13,900
Ticker
PSSA3
Exchange
B3 S.A.
Description
Porto Seguro S.A. is a leading insurance company based in Brazil, offering a comprehensive array of insurance products and services. Its primary function is to provide insurance coverage across multip...

Porto Seguro's GHG Emissions Data Preview

In 2024, Porto Seguro 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).

Porto Seguro has also provided a category-level breakdown for 11 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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0000000
Total Scope 2
Unspecified Calculation Method
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a
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a
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a
0000000
Total Scope 3
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a
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a
0000000
Total Scope 1 Revenue Intensity (tCO2e/$M)
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0000000
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Verified Sources Behind Porto Seguro’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 Porto Seguro’s data sources below and access millions more through our Disclosure Search.

a. Porto Seguro's Sustainability Report 2024
a. Porto Seguro's Sustainability Report 2024
b. Porto Seguro's Sustainability Report 2023
b. Porto Seguro's Sustainability Report 2023

Insights into Porto Seguro's Operational Emissions

In 2024, the total operational greenhouse gas (GHG) emissions ofPorto Seguro amounted to3,243.6metric 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 Porto Seguroincreased by 11.66%, suggesting that the company faced challenges in reducing its emissions from its core operations.a

Porto Seguro's Scope 1 Emissions Over Time

202120222023202404509001.35 k1.8 ktCO2e-3%+56%-6%
  • Total Scope 1
  • Year-over-Year Change

What are Porto Seguro's Scope 1 emissions?

In 2024, the total Scope 1 emissions of Porto Seguro were 1,682.6 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).a

Has Porto Seguro reduced its Scope 1 emissions over time?

Since 2021, Porto Seguro's Scope 1 emissions have increased by 40.64%, reflecting a rising long-term trend in Scope 1 emissions over time.ab

Compared to the previous year(2023), Porto Seguro's Scope 1 emissions decreased by 6.37%, highlighting the company's efforts to lower direct emissions from assets it owns or controls.a

What are Porto Seguro's Scope 2 emissions?

In 2024, Porto Seguro reported Scope 2 greenhouse gas (GHG) emissions of 1,561 tCOâ‚‚e without specifying the calculation method.a

Has Porto Seguro reduced its Scope 2 emissions over time?

Since 2021, Porto Seguro's Scope 2 greenhouse gas (GHG) emissions (Unspecified Calculation Method)have decreased by 39.78%, reflecting a declining long-term trend in Scope 2 emissions over time.ab

Compared to the previous year(2023), Porto Seguro's Scope 2 emissions(Unspecified Calculation Method) rose by 40.88% in 2024, suggesting that the company faced challenges in reducing emissions from purchased electricity and energya

What methodology does Porto Seguro use for Scope 2 reporting?

In 2024, Porto Seguro reported its Scope 2 emissions using an unspecified methodology.a

Porto Seguro's Scope 2 Emissions Over Time

202120222023202406501.3 k1.95 k2.6 ktCO2e
  • Total Scope 2 (Unspecified Calculation Method)

Insights into Porto Seguro's Value Chain Emissions

In 2024, Porto Seguro reported 5,807,268.2 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) of Scope 3 greenhouse gas (GHG) emissions, representing indirect emissions across its upstream and downstream value chain.a

The 2024 disclosure of Porto Seguro includes a breakdown across 11of the 15 Scope 3 categories defined by the GHG Protocol,matching the level of disclosure in 2023, demonstrating consistent Scope 3 emissions reporting coverage year over year.a

Porto Seguro's Scope 3 Emissions Over Time

202120222023202401.5 M3 M4.5 M6 MtCO2e+54%+6599%+20%
  • Total Scope 3
  • Year-over-Year Change

What are Porto Seguro's Scope 3 emissions?

In 2024, Porto Seguro reported total Scope 3 emissions of 5,807,268.2 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).a

Approximately 4.37%of these emissions originated from upstream activities such as purchased goods and capital goods, while 95.63%came from downstream activities like product use, distribution, and end-of-life treatment.a

Has Porto Seguro reduced its Scope 3 emissions over time?

Since 2021, Porto Seguro's Scope 3 emissionshave increased by 12,264.67%, reflecting a rising long-term trend in Scope 3 emissions over time.ab

Compared to the previous year (2023), Porto Seguro's Scope 3 emissions increased by 19.9%, suggesting that the company faced challenges in reducing emissions across its value chain.a

What categories of Scope 3 emissions does Porto Seguro disclose?

In 2024, Porto Seguro reported emissions for 11 out of the 15 Scope 3 categories defined by the GHG Protocol.a

This reflects a high level of granularity and transparency in the company's emissions reporting.

What are the main sources of Porto Seguro's Scope 3 emissions?

In 2024, the largest contributors to Porto Seguro's Scope 3 emissions were:a

  • Investments (Cat. 15): 3,789,894.2 tCOâ‚‚e(65.26%)
  • Use of Sold Products (Cat. 11): 1,755,770 tCOâ‚‚e(30.23%)
  • Purchased Goods and Services (Cat. 1): 228,807 tCOâ‚‚e(3.94%)

Porto Seguro's Scope 3 Emissions by Categories

Purchased Goods andServices (Cat. 1)(3.9%)Use of Sold Products(Cat. 11)(30.2%)Investments(Cat. 15)(65.3%)

Insights into Porto Seguro’s GHG Emissions Intensity Compared to Industry Peers

In 2024, Porto Seguro reported Scope 1 greenhouse gas (GHG) emissions of 1,682.6 tCOâ‚‚e and total revenues of USD 5,912 millions. This translates into an emissions intensity of 0.28 tCOâ‚‚e per millions USD.a

Porto Seguro's Scope 1 Emissions Intensity Compared to Peers

2050020,000500,00020,000,000Scope 1 Emissions (tCO2e)1005005,00050,000200,000Revenues (Millions of USD)MBB Seguridade ParticipacoesYear: 2023Scope 1: 209 tCO2eRevenue: $M 1,045Scope 1 Intensity: 0.20 tCO2e/$MMMMomentum Group LtdYear: 2024Scope 1: 2,650 tCO2eRevenue: $M 6,036Scope 1 Intensity: 0.44 tCO2e/$MQatar Insurance Company QSPCYear: 2024Scope 1: 125 tCO2eRevenue: $M 2,148Scope 1 Intensity: 0.06 tCO2e/$MNew India AssuranceYear: 2025Scope 1: 2,669 tCO2eRevenue: $M 5,096Scope 1 Intensity: 0.52 tCO2e/$MOUTsurance GroupYear: 2025Scope 1: 801 tCO2eRevenue: $M 2,171Scope 1 Intensity: 0.37 tCO2e/$MSwiss Life HoldingYear: 2024Scope 1: 5,842 tCO2eRevenue: $M 15,936Scope 1 Intensity: 0.37 tCO2e/$MiA FinancialYear: 2024Scope 1: 6,757 tCO2eRevenue: $M 2,647Scope 1 Intensity: 2.55 tCO2e/$MCaixa Seguridade ParticipacoesYear: 2022Scope 1: 48 tCO2eRevenue: $M 319Scope 1 Intensity: 0.15 tCO2e/$MGrupo Catalana OccidenteYear: 2024Scope 1: 19,054 tCO2eRevenue: $M 2,587Scope 1 Intensity: 7.36 tCO2e/$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: $M 13,454Scope 1 Intensity: 1.38 tCO2e/$MAegonYear: 2024Scope 1: 1,480 tCO2eRevenue: $M 20,302Scope 1 Intensity: 0.07 tCO2e/$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: $M 5,611Scope 1 Intensity: 0.20 tCO2e/$MAegean AirlinesYear: 2024Scope 1: 1,412,799 tCO2eRevenue: $M 1,849Scope 1 Intensity: 763.88 tCO2e/$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: 2024Scope 1: 45,601 tCO2eRevenue: $M 19,936Scope 1 Intensity: 2.29 tCO2e/$MArch Capital GroupYear: 2024Scope 1: 2,252 tCO2eRevenue: $M 16,932Scope 1 Intensity: 0.13 tCO2e/$MICICI LombardYear: 2025Scope 1: 1,425 tCO2eRevenue: $M 2,915Scope 1 Intensity: 0.49 tCO2e/$MAmerican International GroupYear: 2024Scope 1: 8,258 tCO2eRevenue: $M 27,272Scope 1 Intensity: 0.30 tCO2e/$MPorto SeguroYear: 2024Scope 1: 1,683 tCO2eRevenue: $M 5,912Scope 1 Intensity: 0.28 tCO2e/$M

How does Porto Seguro's GHG emissions intensity compare to its peers?

In 2024, Porto Seguro reported a Scope 1 emissions intensity of 0.28 tCOâ‚‚e per millions USD. Compared to the peer group median of 0.44, this places the company below its industry benchmark, indicating it is more carbon-efficient than most competitors.a

Where does Porto Seguro rank on GHG emissions intensity within its industry?

In 2024, Porto Seguro ranked 8 out of 23 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCOâ‚‚e per millions USD).a

Porto Seguro is therefore positioned in the mid-range of its industry, neither a clear leader nor a laggard in carbon efficiency.a

Insights into Porto Seguro's Total Carbon Footprint

In 2024, Porto Seguro reported a total carbon footprint of 5,810,511.8 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 19.89% increase compared to 2023, suggesting a rise in emissions across its operations or value chain.a

The largest contributor to Porto Seguro's total carbon footprint was Scope 3 emissions, accounting for 99.94% of the company's total carbon footprint, followed by Scope 1 emissions at 0.03%.a

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