MBIA Inc., headquartered in the United States, is a leading provider of financial services, primarily focusing on municipal bond insurance and credit enhancement solutions. Founded in 1973, the company has established itself as a key player in the financial services industry, with a strong presence in major operational regions across North America. MBIA's core offerings include bond insurance, financial guarantees, and risk management services, which are distinguished by their innovative approach and commitment to customer service. The company has achieved significant milestones, including maintaining a robust market position through various economic cycles, underscoring its resilience and expertise in the sector. With a reputation for reliability and a comprehensive suite of products, MBIA Inc. continues to be a trusted partner for municipalities and investors alike.
How does MBIA Inc.'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.
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.
MBIA Inc.'s score of 27 is lower than 57% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2022, MBIA Inc. reported total carbon emissions of approximately 686,600 kg CO2e, comprising 404,000 kg CO2e from Scope 1 and 282,600 kg CO2e from Scope 2 emissions. This marked a significant reduction from 2021, when the company emitted about 533,000,000 kg CO2e solely from Scope 1 emissions. Despite these figures, MBIA Inc. has not established specific reduction targets or commitments under the Science Based Targets initiative (SBTi) or other climate pledges. The company does not disclose any Scope 3 emissions data, which could provide a more comprehensive view of its overall carbon footprint. MBIA Inc. operates with a focus on corporate responsibility and environmental stewardship, although further details on specific initiatives or future commitments are not provided. The emissions data is not cascaded from any parent organisation, indicating that these figures are solely representative of MBIA Inc.'s own operations.
Access structured emissions data, company-specific emission factors, and source documents
| 2021 | 2022 | |
|---|---|---|
| Scope 1 | 533,000,000 | 000,000 |
| Scope 2 | - | 000,000 |
| Scope 3 | - | - |
Climate goals typically focus on 2030 interim targets and 2050 net-zero commitments, aligned with global frameworks like the Paris Agreement and Science Based Targets initiative (SBTi) to ensure alignment with global climate goals.
MBIA Inc. has not publicly committed to specific 2030 or 2050 climate goals through the major frameworks we track. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
