Mapfre, officially known as Mapfre S.A., is a leading global insurance company headquartered in Madrid, Spain. Established in 1933, it has grown to become a prominent player in the insurance and financial services industry, with a strong presence across Europe, Latin America, and the United States. The company offers a diverse range of products, including life, health, and property insurance, as well as asset management services. Mapfre is distinguished by its commitment to customer service and innovative solutions tailored to meet the unique needs of its clients. With a robust market position, Mapfre has received numerous accolades for its financial strength and operational excellence, solidifying its reputation as a trusted provider in the insurance sector.
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 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.
Mapfre's score of 59 is higher than 99% 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, with emissions distributed across various scopes: Scope 1 emissions were about 12,239,260 kg CO2e, Scope 2 emissions totalled around 7,678,000 kg CO2e, and Scope 3 emissions accounted for approximately 52,573,000 kg CO2e. The company has shown a commitment to reducing its carbon footprint, although specific reduction targets or initiatives have not been disclosed. The absence of documented reduction targets suggests that while Mapfre is aware of its emissions, it may not have formalised strategies in place to achieve significant reductions. In previous years, emissions data indicates fluctuations, with total emissions reaching about 80,297,000 kg CO2e in 2022 and 50,456,440 kg CO2e in 2021. The company has reported emissions across all three scopes, highlighting its comprehensive approach to tracking its environmental impact. Mapfre's ongoing efforts in sustainability and climate commitments reflect an understanding of the importance of addressing climate change, even in the absence of specific reduction targets.
Access structured emissions data, company-specific emission factors, and source documents
Get Started2013 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|---|---|---|
Scope 1 | 10,386,880,000 | 00,000,000 | 00,000,000 | 0,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | - |
Scope 2 | 32,710,650,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | - |
Scope 3 | 7,880,680,000 | 00,000,000 | 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 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.