Porto Seguro SA

Common Name
Porto Seguro
Country
Brazil
Sector
Financial Services
Industry
Insurance - Diversified
Employees
13,169
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 2023, 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).

However, Porto Seguro has not published a category-level breakdown of its Scope 3 emissions, limiting visibility into specific value chain sources.

Metric (tCO2e)2023202220212020 - 2017
Total Scope 1
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Total Scope 2
Unspecified Calculation Method
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0000000
Total Scope 3
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Total Scope 1 Revenue Intensity (tCO2e/$M)
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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 2023
a. Porto Seguro's Sustainability Report 2023

Insights into Porto Seguro's Operational Emissions

In 2023, the total operational greenhouse gas (GHG) emissions of Porto Seguro amounted to 2,937.33 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 Porto Seguro increased by 18.71%, suggesting that the company faced challenges in reducing its emissions from its core operations. a

Porto Seguro's Scope 1 Emissions Over Time

20212022202305001 k1.5 k2 ktCO2e-3%+60%
  • Total Scope 1
  • Year-over-Year Change

What are Porto Seguro's Scope 1 emissions?

In 2023, the total Scope 1 emissions of Porto Seguro were 1,853.33 metric tons of CO₂ equivalent (tCO₂e). a

Has Porto Seguro reduced its Scope 1 emissions over time?

Since 2021, Porto Seguro's Scope 1 emissions have increased by 54.91%, reflecting a rising long-term trend in Scope 1 emissions over time. a

Compared to the previous year (2022), Porto Seguro's Scope 1 emissions increased by 60.49%, suggesting that the company faced challenges in reducing emissions from its directly owned or controlled operations. a

What are Porto Seguro's Scope 2 emissions?

In 2023, Porto Seguro reported Scope 2 greenhouse gas (GHG) emissions of 1,084 tCO₂e 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 58.18%, reflecting a declining long-term trend in Scope 2 emissions over time. a

Compared to the previous year (2022), Porto Seguro's Scope 2 emissions (Unspecified Calculation Method) fell by 17.86% in 2023, showing that the company has made progress in taking action to reduce the climate impact of its energy consumption. a

What methodology does Porto Seguro use for Scope 2 reporting?

In 2023, Porto Seguro reported its Scope 2 emissions using an unspecified methodology. a

Porto Seguro's Scope 2 Emissions Over Time

20212022202306501.3 k1.95 k2.6 ktCO2e
  • Total Scope 2 (Unspecified Calculation Method)

Insights into Porto Seguro's Value Chain Emissions

In 2023, Porto Seguro reported 47,171 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 Porto Seguro includes a breakdown across 0 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

Porto Seguro's Scope 3 Emissions Over Time

202120222023020 k40 k60 k80 ktCO2e+54%-35%
  • Total Scope 3
  • Year-over-Year Change

What are Porto Seguro's Scope 3 emissions?

In 2023, Porto Seguro reported total Scope 3 emissions of 47,171 metric tons of CO₂ equivalent (tCO₂e). a

Has Porto Seguro reduced its Scope 3 emissions over time?

Since 2021, Porto Seguro's Scope 3 emissions have remained relatively stable, indicating that Porto Seguro 's emissions have plateaued with no significant change in its value chain footprint. a

Compared to the previous year (2022), Porto Seguro's Scope 3 emissions decreased by 34.76%, highlighting the company's efforts to lower indirect emissions from its value chain. a

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

In 2023, Porto Seguro reported Scope 1 greenhouse gas (GHG) emissions of 1,853.33 tCO₂e and total revenues of USD 6,272 millions. This translates into an emissions intensity of 0.3 tCO₂e 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: 2022Scope 1: 799,200 tCO2eRevenue: $M 879Scope 1 Intensity: 909.52 tCO2e/$MMMMomentum Group LtdYear: 2023Scope 1: 4,396 tCO2eRevenue: $M 5,210Scope 1 Intensity: 0.84 tCO2e/$MQatar Insurance Company QSPCYear: 2023Scope 1: 122 tCO2eRevenue: $M 2,590Scope 1 Intensity: 0.05 tCO2e/$MNew India AssuranceYear: 2025Scope 1: 2,669 tCO2eRevenue: $M 5,096Scope 1 Intensity: 0.52 tCO2e/$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: $M 8,824Scope 1 Intensity: 1.84 tCO2e/$MUnipol AssicurazioniYear: 2024Scope 1: 9,062 tCO2eRevenue: $M 12,128Scope 1 Intensity: 0.75 tCO2e/$MVienna Insurance GroupYear: 2024Scope 1: 18,538 tCO2eRevenue: $M 13,454Scope 1 Intensity: 1.38 tCO2e/$MHelvetia HoldingYear: 2024Scope 1: 8,631 tCO2eRevenue: $M 12,396Scope 1 Intensity: 0.70 tCO2e/$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: $M 27,272Scope 1 Intensity: 0.30 tCO2e/$MPorto SeguroYear: 2023Scope 1: 1,853 tCO2eRevenue: $M 6,272Scope 1 Intensity: 0.30 tCO2e/$M

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

In 2023, Porto Seguro reported a Scope 1 emissions intensity of 0.3 tCO₂e per millions USD. Compared to the peer group median of 0.52 , 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 2023, Porto Seguro ranked 7 out of 23 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e 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 2023, Porto Seguro reported a total carbon footprint of 50,108.33 metric tons of CO₂ equivalent (tCO₂e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 32.99% decrease compared to 2022, indicating progress in reducing its overall greenhouse gas output. a

The largest contributor to Porto Seguro's total carbon footprint was Scope 3 emissions, accounting for 94.14% of the company's total carbon footprint, followed by Scope 1 emissions at 3.7%. a

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