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.
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.
Industry Benchmark
Mapfre's score of 58 is higher than 74% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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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 totalling about 17,877,000 kg CO2e. This marks a decrease from 2023, where total emissions were approximately 77,147,000 kg CO2e, with Scope 3 emissions at about 52,573,000 kg CO2e and Scope 1 and 2 emissions at approximately 24,574,000 kg CO2e. In 2022, emissions were reported at about 80,297,000 kg CO2e, indicating a trend of decreasing emissions over the years. Mapfre has set ambitious climate commitments through its Energy Efficiency and Climate Change Strategic Plan, aiming for a 20% reduction in its carbon footprint by 2020 compared to 2013 levels. This plan includes specific targets to reduce greenhouse gas emissions by approximately 9,924 tonnes of CO2e across its operations. The company has inherited emissions data from its parent company, Mapfre, S.A., which is reflected in its overall emissions reporting. The company has disclosed emissions data across all scopes, with a focus on Scope 3 emissions, which represent the majority of its carbon footprint. This comprehensive approach aligns with industry standards for climate accountability and transparency.
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| 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Scope 1 | 9,789,350 | 0,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 0,000,000 | 00,000,000 | - | - | - |
| Scope 2 | 31,951,870 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | - | - | - |
| Scope 3 | 7,880,680 | 0,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
Industry emissions intensity
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.
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.
