MAPFRE surpasses the average insurance industry score on the FTSE4Good index after improving its ESG performance
- The insurance company increases its score thanks to its best practices in good governance and social commitment to its providers.
- It has demanding social commitments like eliminating the gender pay gap and reaching 3.5% people with disabilities on its workforce.
- For 17 years, it has been part of one of the leading international barometers for measuring companies’ sustainability performance.
MAPFRE has once again been included in the Financial Times and Stock Exchange (FTSE) 4Good sustainability index, where it has obtained a score of 3.9, which is 8.3% higher than last year.
Its performance in this area is also among the best of all companies in the industry analyzed in the report, placing it in the 73rd percentile, thanks to its good corporate governance practices, such as risk management, its anti-corruption policy and fiscal transparency.
For the seventeenth consecutive year, it was thus included on one of the leading international barometers for measuring companies’ sustainability performance, recognizing the company’s excellence in environmental, social, and corporate governance management. The index is aimed at investors whose goal is to ensure profitability and guarantee confidence in the companies in which they invest.
The companies that comprise this reference, listed by the FTSE Russell group, meet some very demanding social criteria related to good sustainability practices in areas such as job quality and their relationship with the value chain, two of the main lines of work in MAPFRE’s current sustainability plan.
In this sense, the plan addresses demanding social commitments, such as eliminating the gender pay gap, reaching 3.5% people with disabilities on its workforce and approving 14,500 providers with sustainability criteria by 2024.