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| Overall Assessment |
Analysis |
Score |
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Moderate
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Mapfre SA has implemented a structured approach to align its external engagement with climate commitments, with its Sustainability Committee stating it “is in charge of ensuring the consistency of external engagement with climate commitments” and that it “monitors the international Sustainability initiatives and the commitments acquired by MAPFRE at all times.” Additionally, the company requires that “memberships in institutions specifically focused on sustainability and climate change follow a three-tier governance process: initially by the Sustainability Operating Committee, then by the Executive Committee, and finally by the Risk and Sustainability Committee,” which provides a clear mechanism for overseeing indirect lobbying via trade associations. However, Mapfre does not disclose a dedicated lobbying policy or guidelines for direct advocacy activities, nor does it explain how it manages or exits relationships with organizations whose policy positions may conflict with its climate objectives, indicating that the governance framework for climate lobbying is not fully defined across all engagement channels.
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C
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| Overall Assessment |
Analysis |
Score |
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Limited
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MAPFRE provides only limited insight into its climate-related lobbying. It states that it takes part in events such as COP30, joins working groups within the Net-Zero Asset Owner Alliance, UNEP FI, the Geneva Association, the European CFO Forum and other trade bodies, and uses these forums to “promote positions related to climate change.” While those references reveal that the company relies on indirect engagement through industry associations and public conferences, MAPFRE does not identify which specific government departments, legislators or regulators it addresses, nor does it describe concrete tactics such as formal consultations, letters, or meetings with policymakers. The disclosure similarly stops short of naming any particular pieces of legislation or regulatory proposals; instead, it refers only to broad frameworks like the Paris Agreement and the EU Taxonomy and to general themes such as a fair energy transition or fossil-fuel exclusions. Correspondingly, the company articulates only high-level ambitions—achieving net-zero emissions by 2050, reducing its carbon footprint, contributing to public debate—without specifying the policy changes or measurable outcomes it seeks to secure. Together, these gaps mean that readers gain only a basic understanding of MAPFRE’s climate-policy engagement activities and almost no detail on the exact policies, decision-makers, or results it is pursuing.
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D
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