Mandatum
Mandatum, officially known as Mandatum Life Insurance Company Limited, is a prominent player in the Finnish financial services sector, headquartered in Helsinki, Finland. Established in 1998, the company has evolved significantly, focusing on life insurance, asset management, and pension solutions. With a strong presence in the Nordic region, Mandatum is renowned for its innovative approach to life insurance and investment products, catering to both individual and corporate clients. The company’s unique offerings include tailored insurance solutions and comprehensive wealth management services, designed to meet diverse client needs. Mandatum has achieved notable recognition in the industry, positioning itself as a trusted partner in financial security and investment growth. Its commitment to customer-centric solutions and sustainable practices underscores its reputation as a leader in the Finnish market.
DitchCarbon Score
How does Mandatum'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 Financial Intermediation 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
Mandatum's score of 39 is higher than 87% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Mandatum's reported carbon emissions
In 2023, Mandatum reported total carbon emissions of approximately 2,220,500 kg CO2e. This figure includes 23,900 kg CO2e from Scope 1 emissions, 121,200 kg CO2e from Scope 2 emissions, and a significant 2,075,400 kg CO2e from Scope 3 emissions, which encompasses various categories such as capital goods, business travel, and employee commute. In 2022, Mandatum's emissions were about 1,697,000 kg CO2e, with Scope 2 emissions at 1,511,000 kg CO2e and Scope 3 emissions at 546,000 kg CO2e. The trend shows a notable increase in total emissions from 2022 to 2023. For the year 2021, Mandatum's total emissions were approximately 508,700 kg CO2e, with all emissions attributed to Scope 1 and Scope 3, as no Scope 2 emissions were reported. In 2020, the total emissions were significantly higher at about 1,427,592,000 kg CO2e, with Scope 1 emissions at 976,600 kg CO2e and Scope 2 at 363,600 kg CO2e. Despite these figures, Mandatum has not disclosed any specific reduction targets or initiatives as part of their climate commitments. The absence of documented reduction targets suggests a need for further clarity on their long-term climate strategy.
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Add to project| 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|
| Scope 1 | - | 000,000 | 000,000 | - | 00,000 |
| Scope 2 | 108,000 | 000,000 | - | 0,000,000 | 000,000 |
| Scope 3 | 463,000 | 000,000 | 000,000.0 | 000,000 | 0,000,000 |
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.
Mandatum is not committed to any reduction initiatives 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.
