M1 Sustainability Profile
M1 Limited, commonly referred to as M1, is a leading telecommunications provider headquartered in Singapore (SG). Established in 1997, M1 has consistently been at the forefront of the industry, offering a diverse range of services including mobile, fixed broadband, and digital solutions. The company has made significant strides in enhancing connectivity across Singapore and has expanded its operational reach to various regions. M1 is renowned for its innovative products, such as its 5G mobile services and comprehensive fibre broadband plans, which are designed to meet the evolving needs of consumers and businesses alike. With a strong market position, M1 has garnered numerous accolades for its customer service and technological advancements, solidifying its reputation as a key player in the telecommunications sector.
DitchCarbon Score
How does M1's carbon action stack up? DitchCarbon scores companies based on their carbon action and commitment to reducing emissions. Read about our methodology to learn more.
Industry Average
Mean score of companies in the Telecommunications Services industry. Comparing a company's score to the industry average can give you a sense of how well the company is doing compared to its peers.
Industry Benchmark
M1's score of 59 is higher than 71% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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M1's reported carbon emissions
In 2023, M1 Limited reported total greenhouse gas (GHG) emissions of approximately 66,283,000 kg CO2e across all scopes. This includes 885,000 kg CO2e from Scope 1 emissions, primarily from fugitive emissions at 669,000 kg CO2e, and 13,781,000 kg CO2e from Scope 2 emissions related to purchased electricity. The majority of emissions, about 66,283,000 kg CO2e, stem from Scope 3, which encompasses various categories such as purchased goods and services (44,590,000 kg CO2e) and upstream transportation and distribution (10,856,000 kg CO2e). M1 has set ambitious climate commitments, aiming to reduce its absolute Scope 1 and 2 GHG emissions by 46.2% by 2030 from a 2020 baseline. Additionally, the company plans to cut Scope 3 emissions from purchased goods and services, capital goods, and upstream leased assets by 42% by the same year. M1 is also committed to achieving net zero emissions across all scopes by 2050. The emissions data for M1 is cascaded from its parent company, Keppel Ltd., reflecting its status as a current subsidiary. This relationship influences M1's sustainability initiatives and reporting practices.
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| 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|---|
| Scope 1 | 189,000 | 000,000 | 000,000 | 0,000,000 | 000,000 | 000,000 |
| Scope 2 | 28,035,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
| Scope 3 | 109,000 | 000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
How Carbon Intensive is M1's Industry?
How Carbon Intensive is M1's Location?
M1's Scope 3 Categories Breakdown
M1's Scope 3 emissions, which increased by 32% last year and increased significantly since 2018, demonstrating supply chain emissions tracking. The vast majority of their carbon footprint comes from suppliers and value chain emissions, representing the vast majority of total emissions under the GHG Protocol, with "Purchased Goods and Services" being the largest emissions source at 67% of Scope 3 emissions.
Top Scope 3 Categories
M1's Climate Goals (2030 & 2050)
Climate goals typically focus on 2030 interim targets and 2050 net-zero commitments, aligned with global frameworks like the Paris Agreement and Science Based Targets initiative (SBTi) to ensure alignment with global climate goals.
M1 has not publicly committed to specific 2030 or 2050 climate goals through the major frameworks we track. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
