Public Profile

Mapfre

Mapfre, officially known as Mapfre Seguros, is a prominent insurance and financial services company headquartered in Portugal. Established in 1933, Mapfre has grown to become a key player in the insurance 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. What sets Mapfre apart is its commitment to customer-centric solutions and innovative risk management strategies. With a solid market position, Mapfre has received numerous accolades for its financial strength and service excellence, making it a trusted choice for individuals and businesses alike. As it continues to expand its global footprint, Mapfre remains dedicated to delivering tailored insurance solutions that meet the evolving needs of its clients.

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.

42

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 42 is higher than 94% of the industry. This can give you a sense of how well the company is doing compared to its peers.

94%

Mapfre's reported carbon emissions

In 2023, Mapfre reported total carbon emissions of approximately 4,294,768,080 kg CO2e. This figure includes Scope 1 emissions of about 458,363,460 kg CO2e, Scope 2 emissions of approximately 112,124,520 kg CO2e, and Scope 3 emissions of around 3,717,906,530 kg CO2e. Over the years, Mapfre has shown fluctuations in its emissions. For instance, in 2022, the total emissions were about 4,312,385,040 kg CO2e, with Scope 1 at approximately 468,898,170 kg CO2e, Scope 2 at around 109,565,560 kg CO2e, and Scope 3 at about 3,733,811,080 kg CO2e. Despite these figures, there are currently no specified reduction targets or initiatives documented in their climate commitments. This lack of formal reduction targets suggests that while Mapfre is tracking its emissions, it has not publicly committed to specific goals for reducing its carbon footprint. Overall, Mapfre's emissions data highlights the need for ongoing monitoring and potential future commitments to enhance its climate strategy.

Unlock detailed emissions data

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Add to project
201320192020202120222023
Scope 1
10,386,880,000
00,000,000
00,000,000
0,000,000
000,000,000
000,000,000
Scope 2
32,710,650,000
00,000,000
0,000,000
00,000,000
00,000,000
00,000,000
Scope 3
7,880,680,000
00,000,000
00,000,000
00,000,000
0,000,000,000
0,000,000,000

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 PT, 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 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.

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