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Midas Components Limited
Midas Components Limited, a leading name in the electrical and electronic components industry, is headquartered in Great Britain. Established in 1995, the company has built a strong reputation for its innovative solutions and exceptional customer service across major operational regions, including Europe and North America. Specialising in high-quality connectors, cable assemblies, and bespoke electronic components, Midas Components stands out for its commitment to precision and reliability. The company has achieved significant milestones, including ISO certification, which underscores its dedication to quality management. With a robust market position, Midas Components Limited is recognised for its extensive product range and tailored solutions that meet the diverse needs of various industries. Its focus on technological advancement and customer satisfaction has solidified its status as a trusted partner in the components sector.
DitchCarbon Score
How does Midas Components Limited'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 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
Midas Components Limited's score of 15 is lower than 100% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Midas Components Limited's reported carbon emissions
In 2023, Midas Components Limited reported total carbon emissions of approximately 7,885,000 kg CO2e in Great Britain. This figure includes 186,000 kg CO2e from Scope 1 emissions, 1,886,000 kg CO2e from Scope 2 emissions (location-based), and a significant 6,433,000 kg CO2e from Scope 3 emissions. The previous year, 2022, the company had total emissions of about 6,391,000 kg CO2e, indicating an increase in emissions year-on-year. Midas Components Limited has set ambitious climate commitments, aiming for Net Zero emissions by 2050, in alignment with the Paris Agreement. This commitment encompasses both Scope 1 and Scope 2 emissions. In the near term, the company has successfully reduced operational emissions by 24% in 2023, surpassing their target of 20%. This reduction reflects their ongoing efforts to implement effective carbon management strategies. The emissions data is not cascaded from any parent organization, indicating that Midas Components Limited independently reports its carbon footprint and climate initiatives. The company continues to focus on enhancing sustainability practices to meet its long-term climate goals.
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| 2022 | |
|---|---|
| Scope 1 | 24,885,000 |
| Scope 2 | 20,176,000 |
| Scope 3 | 10,777,000 |
Industry emissions intensity
Location emissions intensity
Reduction initiatives & disclosure networks
Companies disclose and commit to reducing emissions to show they are serious about reducing emissions impact over time. They can also help a company track its progress over time.
Midas Components Limited is not participating in any of the initiatives that we track. This may change over time as the company engages with new initiatives or updates its commitments. DitchCarbon will update this information as it becomes available.
