Public Profile

Mapfre

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.

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.

61

Industry Average

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.

0

Industry Benchmark

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.

100%

Mapfre's reported carbon emissions

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.

Unlock detailed emissions data

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Add to project
2018201920202021202220232024
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

Industry emissions intensity

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. Mapfre's primary industry is , 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. Mapfre is headquartered in ES, which has a rank of low, indicating low grid carbon 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 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.

SBTi
CDP
The Climate Pledge
UN Global Compact
Carbon Disclosure Project
The Climate Pledge
UN Global Compact

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Where does DitchCarbon data come from?

Discover our data-driven methodology for measuring corporate climate action and benchmarking against industry peers