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 41 is higher than 93% 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 889,000 kg CO2e, comprising 125,000 kg CO2e from Scope 1, 446,000 kg CO2e from Scope 2, and 318,000 kg CO2e from Scope 3 emissions. The Scope 3 emissions included significant contributions from business travel (373,400 kg CO2e) and purchased goods and services (130,000 kg CO2e). In 2022, the total emissions were about 661,000 kg CO2e, with Scope 1 emissions at 107,000 kg CO2e, Scope 2 at 112,000 kg CO2e, and Scope 3 at 442,000 kg CO2e. This indicates a notable increase in emissions in 2023 compared to the previous year. Mandatum has not disclosed specific reduction targets or initiatives, nor have they committed to Science-Based Targets Initiative (SBTi) reduction targets. Their emissions data reflects a comprehensive approach to tracking carbon footprints across all scopes, but further details on reduction strategies or climate pledges are currently unavailable.
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| 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|
| Scope 1 | - | 000,000 | 000,000 | 000,000 | 000,000 |
| Scope 2 | 108,000 | 000,000 | 000,000 | 000,000 | 000,000 |
| Scope 3 | 463,000 | 000,000 | 000,000 | 000,000 | 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.
