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Motor Vehicle Retail Services
US
updated 6 months ago

Midas, Inc.

Company website

Midas, Inc., a leading name in the automotive service industry, is headquartered in the United States and operates extensively across North America. Founded in 1956, Midas has established itself as a trusted provider of automotive repair and maintenance services, specialising in exhaust systems, brakes, and tyres. With a commitment to quality and customer satisfaction, Midas offers a unique blend of expertise and convenience, ensuring that each service meets the highest standards. The company has achieved significant milestones, including the expansion of its franchise network, which now boasts hundreds of locations. Recognised for its innovative approach and reliable service, Midas holds a strong market position, making it a go-to choice for drivers seeking comprehensive automotive solutions.

DitchCarbon Score

How does Midas, Inc.'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.

95

Industry Average

Mean score of companies in the Motor Vehicle Retail 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.

26

Industry Benchmark

Midas, Inc.'s score of 95 is higher than 97% of the industry. This can give you a sense of how well the company is doing compared to its peers.

97%

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Midas, Inc.'s reported carbon emissions

Inherited from Sumitomo Corporation

Midas, Inc., headquartered in the US, currently does not report any specific carbon emissions data, as indicated by the absence of emissions figures. The company is classified as a merged entity and inherits its climate commitments and performance data from its parent organisation, Compagnie Générale des Établissements Michelin Société en commandite par actions, at a cascade level of three. While Midas, Inc. has not established its own reduction targets or specific climate pledges, it aligns with the sustainability initiatives of its parent company. Michelin has set ambitious targets under the Science Based Targets initiative (SBTi) and participates in various climate-related initiatives, including the Carbon Disclosure Project (CDP) and the Race to Zero campaign. These commitments reflect a broader industry trend towards reducing carbon footprints and enhancing sustainability practices. As Midas, Inc. continues to integrate its operations with those of Michelin, it is expected to adopt similar climate strategies and reduction goals in the future, contributing to the overall efforts of its parent company in combating climate change.

Unlock detailed emissions data

Access structured emissions data, company-specific emission factors, and source documents

2017201820192020202120222023
Scope 1
934,276,000
000,000,000
000,000,000
0,000,000,000
0,000,000,000
0,000,000,000
0,000,000,000
Scope 2
752,378,000
000,000,000
000,000,000
000,000,000
000,000,000
000,000,000
000,000,000
Scope 3
-
-
-
-
-
-
00,000,000

Industry emissions intensity

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. Midas, Inc.'s primary industry is Sale, maintenance, repair of motor vehicles, motor vehicles parts, motorcycles, motor cycles parts and accessoiries, which is very low in terms of carbon intensity compared to other industries.

Location emissions intensity

Very low
Low
Medium
High
Very high
The carbon intensity of the energy grid powering a company's primary operations has a strong influence on its overall carbon footprint. This request for Midas, Inc. is in US, which has a low grid carbon intensity relative to other regions.

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, Inc. 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.

Science Based Targets Initiative
Carbon Disclosure Project
The Climate Pledge
UN Global Compact
RE 100
Climate Action 100
Race To Net Zero
Reduction Actions

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Where does DitchCarbon data come from?

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