MOL, officially known as MOL Group, is a prominent player in the insurance and pension funding services sector, excluding compulsory social security services. Headquartered in the Czech Republic (CZ), the company operates extensively across Central and Eastern Europe, providing tailored financial solutions to meet diverse client needs. Founded in the early 1990s, MOL has achieved significant milestones, establishing itself as a trusted name in the industry.
The company offers a range of core products, including life insurance, pension plans, and investment services, distinguished by their customer-centric approach and innovative features. MOL's commitment to quality and reliability has solidified its market position, earning accolades for excellence in service delivery. With a focus on sustainable growth and client satisfaction, MOL continues to shape the landscape of insurance and pension funding in the region.
-8 vs industry average
MOL’s score of 31 is lower than 42% 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 25% since 2018
Emissions trajectory 2020 – 2027
Reported emissions
Scope 3 accounts for ••• of total emissions.
MOL's reported carbon emissions
MOL, an insurance and pension funding services company headquartered in CZ, has reported significant carbon emissions across its operations.
For the reporting year 2024, MOL's total reported emissions amounted to approximately 19.46 billion kg CO2e. This figure comprises Scope 1 emissions of approximately 10.43 billion kg CO2e and Scope 3 emissions of approximately 8.41 billion kg CO2e. Scope 2 emissions for this period were approximately 18.86 million kg CO2e.
In 2023, the company's Scope 1 emissions were reported as approximately 6.64 kg CO2e. Scope 2 emissions for the same year were significantly higher, with market-based reporting at approximately 81 billion kg CO2e and location-based reporting at approximately 61 billion kg CO2e. Scope 3 emissions data was not available for 2023.
Historical data indicates substantial Scope 1 emissions in previous years, with figures such as approximately 18.80 billion kg CO2e in 2015 and approximately 18.68 billion kg CO2e in 2016. In 2020, MOL reported Scope 1 emissions of approximately 6.80 billion kg CO2e and Scope 2 emissions of approximately 900 million kg CO2e. Scope 3 emissions for 2020 totalled approximately 54.50 billion kg CO2e, with notable contributions from purchased goods and services (approximately 2.10 billion kg CO2e) and the use of sold products (approximately 4.50 billion kg CO2e).
MOL's climate commitments and reduction targets are not detailed in the provided information, and there is no indication of the organisation inheriting emissions data from a parent company.
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MOL’s Climate Goals (2030 & 2050)
No climate goals have been disclosed for MOL yet.
Scope 3 top emissions categories
No scope 3 category breakdown has been disclosed yet.
Emissions comparison with industry peers
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MOL
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