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Mapfre SA
Mapfre's GHG Emissions Data Preview
In 2024, 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).
Mapfre has also provided a category-level breakdown for 5 out of 15 Scope 3 emissions categories, offering greater transparency into its value chain emissions.
| Metric (tCO2e) | 2024 | 2023 | 2022 | 2021 - 2017 |
|---|---|---|---|---|
Total Scope 1 | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  b | Copy restricted. Please purchase to unlock this data.  a | 0000000 |
Total Scope 2 | ||||
Market-Based | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  b | Copy restricted. Please purchase to unlock this data.  a | 0000000 |
Location-Based | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | 0000000 |
Total Scope 3 | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | 0000000 |
Total Scope 1 Revenue Intensity (tCO2e/$M) | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  b | Copy restricted. Please purchase to unlock this data.  a | 0000000 |
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aVerified Sources Behind Mapfre’s Greenhouse Gas (GHG) Emissions Data
Every figure on this dashboard has a transparent audit trail. With Tracenable, each data point is traceable back to its original source, viewable directly inside our platform. Explore Mapfre’s data sources below and access millions more through our Disclosure Search.
Insights into Mapfre's Operational Emissions
In 2024, the total operational greenhouse gas (GHG) emissions ofMapfre amounted to25,809metric 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).a
Compared to 2023, the total operational greenhouse gas (GHG) emissions of Mapfredecreased by 10.63%, showing that the company has made progress in taking action to reduce the climate impact of its operations.ab
Mapfre's Scope 1 Emissions Over Time
- Total Scope 1
- Year-over-Year Change
What are Mapfre's Scope 1 emissions?
In 2024, the total Scope 1 emissions of Mapfre were 10,192 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).a
Has Mapfre reduced its Scope 1 emissions over time?
Since 2019, Mapfre's Scope 1 emissions have decreased by 16.73%, reflecting a declining long-term trend in Scope 1 emissions over time.ab
Compared to the previous year(2023), Mapfre's Scope 1 emissions decreased by 2.21%, highlighting the company's efforts to lower direct emissions from assets it owns or controls.ab
What are Mapfre's Scope 2 emissions?
In 2024, Mapfre reported Scope 2 greenhouse gas (GHG) emissions of 3,906 tCOâ‚‚e using the market-based method and 15,617 tCOâ‚‚e using the location-based method.a
Has Mapfre reduced its Scope 2 emissions over time?
Compared to the previous year(2023), Mapfre's Scope 2 emissions(Location-Based) fell by 15.39% in 2024, showing that the company has made progress in taking action to reduce the climate impact of its energy consumption.a
What methodology does Mapfre use for Scope 2 reporting?
In 2024, Mapfre reported its Scope 2 emissions using the market-based method and using the location-based method.a
Mapfre's Scope 2 Emissions Over Time
- Total Scope 2 Location-Based
- Total Scope 2 Market-Based
Insights into Mapfre's Value Chain Emissions
In 2024, Mapfre reported 3,387,471 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) of Scope 3 greenhouse gas (GHG) emissions, representing indirect emissions across its upstream and downstream value chain.a
The 2024 disclosure of Mapfre includes a breakdown across 5of the 15 Scope 3 categories defined by the GHG Protocol,matching the level of disclosure in 2023, demonstrating consistent Scope 3 emissions reporting coverage year over year.a
Mapfre's Scope 3 Emissions Over Time
- Total Scope 3
- Year-over-Year Change
What are Mapfre's Scope 3 emissions?
In 2024, Mapfre reported total Scope 3 emissions of 3,387,471 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).a
Approximately 1.17%of these emissions originated from upstream activities such as purchased goods and capital goods, while 98.83%came from downstream activities like product use, distribution, and end-of-life treatment.a
Has Mapfre reduced its Scope 3 emissions over time?
Since 2019, Mapfre's Scope 3 emissionshave increased by 5,888.18%, reflecting a rising long-term trend in Scope 3 emissions over time.ab
Compared to the previous year (2023), Mapfre's Scope 3 emissions decreased by 18.63%, highlighting the company's efforts to lower indirect emissions from its value chain.a
What categories of Scope 3 emissions does Mapfre disclose?
In 2024, Mapfre reported emissions for 5 out of the 15 Scope 3 categories defined by the GHG Protocol.a
This partial disclosure allows for some insight into the company's indirect impacts.
What are the main sources of Mapfre's Scope 3 emissions?
In 2024, the largest contributors to Mapfre's Scope 3 emissions were:a
- Investments (Cat. 15): 3,347,914 tCOâ‚‚e(98.83%)
- Employee Commuting (Cat. 7): 30,643 tCOâ‚‚e(0.9%)
- Business Travel (Cat. 6): 7,863 tCOâ‚‚e(0.23%)
Mapfre's Scope 3 Emissions by Categories
Insights into Mapfre’s GHG Emissions Intensity Compared to Industry Peers
In 2024, Mapfre reported Scope 1 greenhouse gas (GHG) emissions of 10,192 tCOâ‚‚e and total revenues of USD 26,885 millions. This translates into an emissions intensity of 0.38 tCOâ‚‚e per millions USD.a
Mapfre's Scope 1 Emissions Intensity Compared to Peers
How does Mapfre's GHG emissions intensity compare to its peers?
In 2024, Mapfre reported a Scope 1 emissions intensity of 0.38 tCOâ‚‚e per millions USD. Compared to the peer group median of 0.41, this places the company below its industry benchmark, indicating it is more carbon-efficient than most competitors.a
Where does Mapfre rank on GHG emissions intensity within its industry?
In 2024, Mapfre ranked 13 out of 24 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCOâ‚‚e per millions USD).a
Mapfre is therefore positioned in the mid-range of its industry, neither a clear leader nor a laggard in carbon efficiency.a
Insights into Mapfre's Total Carbon Footprint
In 2024, Mapfre reported a total carbon footprint of 3,413,280 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 18.57% decrease compared to 2023, indicating progress in reducing its overall greenhouse gas output.ab
The largest contributor to Mapfre's total carbon footprint was Scope 3 emissions, accounting for 99.24% of the company's total carbon footprint, followed by Scope 2 emissions at 0.46%.a