Ageas
Ageas, a leading international insurance company, is headquartered in Belgium (BE) and operates across several key regions, including Europe and Asia. Founded in 1824, Ageas has established itself as a significant player in the insurance industry, focusing on life and non-life insurance products. The company is renowned for its innovative approach to insurance solutions, offering a diverse range of services that cater to both individual and corporate clients. Ageas stands out in the market with its commitment to customer-centricity and sustainable practices. With a strong market position, Ageas has achieved notable milestones, including strategic partnerships and expansions that enhance its service offerings. The company continues to evolve, adapting to the changing landscape of the insurance sector while maintaining a reputation for reliability and excellence.
DitchCarbon Score
How does Ageas's carbon action stack up? DitchCarbon scores companies based on their carbon action and commitment to reducing emissions. Read about our methodology to learn more.
Industry Average
Mean score of companies in the Insurance Services industry. Comparing a company's score to the industry average can give you a sense of how well the company is doing compared to its peers.
Industry Benchmark
Ageas's score of 56 is higher than 78% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Ageas's reported carbon emissions
In 2024, Ageas reported total carbon emissions of approximately 62,000,000 kg CO2e, with significant contributions from various scopes. Specifically, Scope 1 emissions were about 16,238,000 kg CO2e, while Scope 2 emissions totalled approximately 5,368,000 kg CO2e (market-based) and 35,153,000 kg CO2e (location-based). Scope 3 emissions were substantial, with categories such as employee commute (about 13,402,000 kg CO2e) and business travel (approximately 8,089,000 kg CO2e) contributing significantly to the overall footprint. In 2023, Ageas's emissions were lower, totalling around 38,000,000 kg CO2e, with Scope 1 at about 11,342,000 kg CO2e and Scope 2 at approximately 934,000 kg CO2e (market-based). Scope 3 emissions were also notable, particularly from employee commuting (around 11,944,000 kg CO2e). Ageas has set ambitious climate commitments, aiming for net-zero carbon emissions for its own operations (Scope 1 and 2) by 2024. Additionally, the company is targeting a 30% reduction in Scope 1, 2, and 3 emissions related to business travel and commuting by 2027, as part of its Elevate27 initiative. Furthermore, Ageas is committed to supporting the European Green Deal's net-zero greenhouse gas emission target by 2050, reflecting its long-term sustainability goals.
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| 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|---|---|
| Scope 1 | 11,715,000 | 00,000,000 | 0,000,000 | 0,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
| Scope 2 | 2,779,000 | 0,000,000 | 0,000,000 | 000,000 | 000,000 | 000,000 | 0,000,000 |
| Scope 3 | 15,518,000 | 00,000,000 | 0,000,000 | 0,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
Industry emissions intensity
Location emissions intensity
Reduction initiatives & disclosure networks
Companies disclose and commit to reducing emissions to show they are serious about reducing emissions impact over time. They can also help a company track its progress over time.
Ageas is not participating in any of the initiatives that we track. This may change over time as the company engages with new initiatives or updates its commitments. DitchCarbon will update this information as it becomes available.
