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 emissions and 282,600 kg CO2e from Scope 2 emissions. This data reflects a significant reduction from 2021, where Scope 1 emissions alone were reported at 533,000,000 kg CO2e. Despite these figures, MBIA Inc. has not disclosed any Scope 3 emissions data, nor have they set specific reduction targets through initiatives such as the Science Based Targets initiative (SBTi). The company has not committed to any climate pledges or documented reduction initiatives at this time. As a US-based organisation, MBIA Inc. continues to focus on its operational emissions while lacking comprehensive strategies for broader climate commitments.
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.
