Mapfre, officially known as Mapfre S.A., is a leading global insurance company headquartered in Spain (ES). Established in 1933, it has grown to become a prominent player in the insurance and reinsurance industry, with a strong presence across Europe, Latin America, and the United States. The company offers a diverse range of products and services, including life, health, and property insurance, as well as asset management and reinsurance solutions. Mapfre is recognised for its customer-centric approach and innovative insurance solutions tailored to meet the unique needs of its clients. With a solid market position, Mapfre has achieved notable milestones, including its ranking among the top insurance groups in Spain and its commitment to sustainability and corporate social responsibility. This dedication to excellence and community engagement sets Mapfre apart in the competitive insurance landscape.
How does Mapfre'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.
Mean score of companies in the 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.
Mapfre's score of 61 is higher than 100% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2023, Mapfre reported total carbon emissions of approximately 77,147,000 kg CO2e. This figure includes 10,422,020 kg CO2e from Scope 1 emissions, 7,678,000 kg CO2e from Scope 2 emissions, and 52,573,000 kg CO2e from Scope 3 emissions. Notably, the company has shown a commitment to reducing its carbon footprint, although specific reduction targets or initiatives have not been detailed in the available data. In previous years, Mapfre's emissions have fluctuated, with total emissions recorded at about 80,297,000 kg CO2e in 2022, 50,456,440 kg CO2e in 2021, and 44,330,400 kg CO2e in 2020. The company has made strides in managing its emissions, particularly in Scope 1 and 2, which combined accounted for approximately 24,574,000 kg CO2e in 2023. Despite the lack of specific reduction targets, Mapfre's ongoing efforts to monitor and report its emissions reflect a broader commitment to sustainability and climate responsibility within the insurance industry. The company continues to assess its impact and explore avenues for improvement in its environmental performance.
Access structured emissions data, company-specific emission factors, and source documents
Add to project2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|---|---|
Scope 1 | 10,445,950 | 00,000,000 | 0,000,000 | 00,000,000 | 0,000,000 | 00,000,000 | - |
Scope 2 | 16,214,910 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 0,000,000 | - |
Scope 3 | 48,331,730 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
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.
Mapfre is committed to some 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.