Mapfre, officially known as Mapfre Seguros, is a prominent player in the insurance and pension funding services sector, headquartered in Portugal (PT). Established in 1933, the company has grown significantly, expanding its operations across Europe and Latin America, and has become a trusted name in the industry.
Specialising in a wide range of insurance products, including life, health, and property insurance, Mapfre distinguishes itself through its customer-centric approach and innovative solutions tailored to meet diverse client needs. The company has achieved notable milestones, including recognition for its financial stability and commitment to sustainability.
With a strong market position, Mapfre continues to lead in providing comprehensive insurance services, ensuring peace of mind for individuals and businesses alike. Its dedication to excellence and adaptability in a dynamic market underscores its reputation as a reliable insurance provider.
-8 vs industry average
Mapfre’s score of 29 is lower than 41% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Industry Intensity
Insurance Services is among the least carbon-intensive industries
Industry performance
The Insurance Services industry has reduced its overall emissions by 7% since 2019
Emissions trajectory 2020 – 2025
Reported emissions
Scope 3 accounts for ••• of total emissions.
Mapfre's reported carbon emissions
MAPFRE, a global insurance and pension funding services provider headquartered in PT, reported approximately 4.31 billion kg CO2e in total emissions for 2022. This figure encompasses Scope 1, Scope 2, and Scope 3 emissions. In 2022, Scope 1 emissions accounted for about 468.9 million kg CO2e, Scope 2 for approximately 109.6 million kg CO2e, and Scope 3 for around 3.73 billion kg CO2e. Earlier data from 2017 indicates higher emissions, with Scope 1 at approximately 13.27 billion kg CO2e, Scope 2 at about 15.50 billion kg CO2e, and Scope 3 at roughly 11.17 billion kg CO2e. In 2016, MAPFRE reported Scope 1 emissions of approximately 13.45 billion kg CO2e, Scope 2 at around 19.27 billion kg CO2e, and Scope 3 at about 10.57 billion kg CO2e. In 2015, Scope 1 emissions were approximately 14.04 billion kg CO2e, Scope 2 at about 26.90 billion kg CO2e, and Scope 3 at roughly 12.49 billion kg CO2e. MAPFRE's 2022 emissions report highlights that data for the "purchased goods and services" category within Scope 3 is missing. The company also reports a GHG Intensity of investee companies at 0.82168 kg CO2e per EUR of revenue. MAPFRE has not publicly disclosed specific reduction targets or commitments to initiatives like the Science Based Targets initiative (SBTi) or the Climate Pledge based on the provided information.
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Mapfre’s Climate Goals (2030 & 2050)
No climate goals have been disclosed for Mapfre yet.
Scope 3 top emissions categories
No scope 3 category breakdown has been disclosed yet.
Emissions comparison with industry peers
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