Mapfre SA

Common Name
Mapfre
Country
Spain
Sector
Financial Services
Industry
Insurance - Diversified
Employees
30,585
Ticker
MAP
Exchange
BOLSA DE MADRID
Description
Mapfre S.A. is a multinational insurance company headquartered in Spain, specializing in providing a broad range of insurance products and services to individuals and businesses across the globe. Prim...

Mapfre's GHG Emissions Data Preview

In 2023, Mapfre completed a corporate carbon footprint assessment and publicly disclosed its greenhouse gas (GHG) emissions according to the GHG Protocol, covering Scope 1 (direct emissions from owned or controlled sources), Scope 2 (indirect emissions from purchased energy), and Scope 3 (indirect emissions across the value chain).

However, Mapfre has not published a category-level breakdown of its Scope 3 emissions, limiting visibility into specific value chain sources.

Metric (tCO2e)2024202320222021 - 2017
Total Scope 1
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Total Scope 2
Market-Based
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Location-Based
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Total Scope 3
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This table provides a simplified preview of selected GHG emissions data points. To access the complete dataset with full disclosures, detailed breakdowns, and source traceability, create a free account to view purchase options.

Insights into Mapfre's Operational Emissions

In 2023, the total operational greenhouse gas (GHG) emissions of Mapfre amounted to 18,099.67 metric tons of CO2 equivalent. This figure includes both direct emissions from owned or controlled sources (Scope 1) and indirect emissions from purchased energy (Scope 2).

Compared to 2022, the total operational greenhouse gas (GHG) emissions of Mapfre decreased by 50.66%, showing that the company has made progress in taking action to reduce the climate impact of its operations.

Mapfre's Scope 1 Emissions Over Time

2019202020212022202303.5 k7 k10.5 k14 ktCO2e-31%+19%-1%+5%
  • Total Scope 1
  • Year-over-Year Change

What are Mapfre's Scope 1 emissions?

In 2023, the total Scope 1 emissions of Mapfre were 10,422.02 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).

Has Mapfre reduced its Scope 1 emissions over time?

Since 2019, Mapfre's Scope 1 emissions have decreased by 14.85%, reflecting a declining long-term trend in Scope 1 emissions over time.

Compared to the previous year (2022), Mapfre's Scope 1 emissions increased by 4.85%, suggesting that the company faced challenges in reducing emissions from its directly owned or controlled operations.

What are Mapfre's Scope 2 emissions?

In 2023, Mapfre reported Scope 2 greenhouse gas (GHG) emissions of 7,677.65 tCOâ‚‚e using the market-based method.

Has Mapfre reduced its Scope 2 emissions over time?

Since 2019, Mapfre's Scope 2 greenhouse gas (GHG) emissions (Market-Based) have decreased by 47.55%, reflecting a declining long-term trend in Scope 2 emissions over time.

What methodology does Mapfre use for Scope 2 reporting?

In 2023, Mapfre reported its Scope 2 emissions using the market-based method.

Mapfre's Scope 2 Emissions Over Time

2019202020212022202307 k14 k21 k28 ktCO2e
  • Total Scope 2 Location-Based
  • Total Scope 2 Market-Based

Insights into Mapfre's Value Chain Emissions

In 2023, Mapfre reported 46,943.55 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) of Scope 3 greenhouse gas (GHG) emissions, representing indirect emissions across its upstream and downstream value chain.

The 2023 disclosure of Mapfre includes a breakdown across 0 of the 15 Scope 3 categories defined by the GHG Protocol, down from 4 in 2022, indicating a decline in reporting granularity and reduced insight into the company's full value chain emissions.

Mapfre's Scope 3 Emissions Over Time

20192020202120222023015 k30 k45 k60 ktCO2e-56%+18%+36%+17%
  • Total Scope 3
  • Year-over-Year Change

What are Mapfre's Scope 3 emissions?

In 2023, Mapfre reported total Scope 3 emissions of 46,943.55 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).

Has Mapfre reduced its Scope 3 emissions over time?

Since 2019, Mapfre's Scope 3 emissions have decreased by 17.02%, reflecting a declining long-term trend in Scope 3 emissions over time.

Compared to the previous year (2022), Mapfre's Scope 3 emissions increased by 17.48%, suggesting that the company faced challenges in reducing emissions across its value chain.

Insights into Mapfre's Total Carbon Footprint

In 2023, Mapfre reported a total carbon footprint of 65,043.22 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 15.13% decrease compared to 2022, indicating progress in reducing its overall greenhouse gas output.

The largest contributor to Mapfre's total carbon footprint was Scope 3 emissions, accounting for 72.17% of the company's total carbon footprint, followed by Scope 1 emissions at 16.02%.

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