Miga
Miga, officially known as the Multilateral Investment Guarantee Agency, is headquartered in the United States and operates primarily across emerging markets. Founded in 1988, Miga plays a pivotal role in the development finance industry, focusing on providing political risk insurance and credit enhancement to encourage foreign investment in developing countries. Miga's core services are designed to mitigate risks associated with investments in challenging environments, making it a unique player in the market. The agency has achieved significant milestones, including facilitating billions in investments that support sustainable development and infrastructure projects globally. With a strong reputation for fostering economic growth, Miga continues to enhance its market position by promoting private sector investment in regions that need it most.
DitchCarbon Score
How does Miga'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.
Industry Average
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.
Industry Benchmark
Miga's score of 19 is lower than 79% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Miga's reported carbon emissions
In 2022, Miga reported total carbon emissions of approximately 489,000 kg CO2e, all of which were attributed to Scope 3 emissions from business travel. This marked a significant reduction from 2021, where total emissions reached about 306,027,000 kg CO2e, with Scope 1 emissions at approximately 1,878,000 kg CO2e and Scope 2 emissions at about 2,543,000 kg CO2e. In 2020, Miga's total emissions were around 1,400,000 kg CO2e, primarily from Scope 3 business travel, while in 2019, the company reported Scope 3 emissions of about 2,018,000 kg CO2e. Despite these figures, Miga has not disclosed any specific reduction targets or initiatives under the Science Based Targets initiative (SBTi) or other climate pledges. The company appears to be in the early stages of formalising its climate commitments, focusing primarily on reducing its business travel emissions.
Unlock detailed emissions data
Access structured emissions data, company-specific emission factors, and source documents
Add to project| 2019 | 2020 | 2021 | 2022 | |
|---|---|---|---|---|
| Scope 1 | - | - | 0,000,000 | - |
| Scope 2 | - | - | 0,000,000 | - |
| Scope 3 | 2,018,000 | 0,000,000 | 000,000,000 | 000,000 |
Industry emissions intensity
Location emissions 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.
Miga 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.
