Public Profile

Mapfre

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.

DitchCarbon Score

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.

53

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.

27

Industry Benchmark

Mapfre's score of 53 is higher than 96% of the industry. This can give you a sense of how well the company is doing compared to its peers.

96%

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Mapfre's reported carbon emissions

In 2024, Mapfre reported total carbon emissions of approximately 67,425,000 kg CO2e, with Scope 3 emissions accounting for about 49,548,000 kg CO2e and Scope 1 and 2 emissions combined at approximately 17,877,000 kg CO2e. This marks a decrease from 2023, where total emissions were about 77,147,000 kg CO2e, with Scope 3 emissions at approximately 52,573,000 kg CO2e and Scope 1 and 2 emissions at about 24,574,000 kg CO2e. Mapfre has set significant reduction targets, aiming for a 20% decrease in greenhouse gas emissions from its installations by 2020, compared to 2013 levels. This commitment includes a reduction of approximately 9,924 tonnes CO2e in both Scope 1 and Scope 2 emissions. The company has consistently disclosed its emissions across all three scopes, demonstrating transparency in its climate commitments. As part of its sustainability strategy, Mapfre continues to focus on reducing its carbon footprint while addressing the challenges posed by climate change.

Unlock detailed emissions data

Access structured emissions data, company-specific emission factors, and source documents

2013201420152018201920202021202220232024
Scope 1
9,789,350,000
0,000,000,000
00,000,000,000
00,000,000
00,000,000
0,000,000
00,000,000
-
-
-
Scope 2
31,951,870,000
00,000,000,000
00,000,000,000
00,000,000
00,000,000
00,000,000
00,000,000
-
-
-
Scope 3
7,880,680,000
0,000,000,000
00,000,000,000
00,000,000
00,000,000
00,000,000
00,000,000
00,000,000
00,000,000
00,000,000

Industry emissions intensity

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. Mapfre's primary industry is Insurance and pension funding services, except compulsory social security services (66), which is very low in terms of carbon intensity compared to other industries.

Location emissions intensity

Very low
Low
Medium
High
Very high
The carbon intensity of the energy grid powering a company's primary operations has a strong influence on its overall carbon footprint. This request for Mapfre is in ES, which has a low grid carbon intensity relative to other regions.

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.

Mapfre 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.

Science Based Targets Initiative
Carbon Disclosure Project
The Climate Pledge
UN Global Compact
RE 100
Climate Action 100
Race To Net Zero
Reduction Actions

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