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Motor Vehicle Retail Services
US
updated 6 months ago

Midas International Corporation

Company website

Midas International Corporation, often referred to simply as Midas, is a prominent player in the automotive service industry, headquartered in the United States. Founded in the early 1950s, Midas has established itself as a trusted name in vehicle maintenance and repair, with a strong presence across North America and select international markets. Specialising in exhaust systems, brakes, and general automotive services, Midas is renowned for its commitment to quality and customer satisfaction. The company’s unique offerings, such as its lifetime guarantee on certain services, set it apart from competitors. Over the decades, Midas has achieved significant milestones, including the expansion of its franchise network, solidifying its market position as a leader in automotive care. With a focus on innovation and reliability, Midas continues to uphold its reputation as a go-to destination for vehicle owners seeking expert service.

DitchCarbon Score

How does Midas International Corporation'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 International Corporation'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 International Corporation's reported carbon emissions

Inherited from Sumitomo Corporation

Midas International Corporation, headquartered in the US, currently does not report specific carbon emissions data, as indicated by the absence of emissions figures. The company is a current subsidiary of Compagnie Générale des Établissements Michelin Société en commandite par actions, which influences its climate commitments and initiatives. While Midas International Corporation has not established its own reduction targets or climate pledges, it inherits sustainability initiatives from its parent company, Michelin. This includes participation in various climate-related frameworks, such as the Science Based Targets initiative (SBTi) and the Carbon Disclosure Project (CDP), both of which are cascaded from Michelin at a third-level relationship. As part of its commitment to sustainability, Midas International Corporation aligns with Michelin's broader climate strategies, which focus on reducing carbon emissions across all scopes. However, specific reduction targets or achievements for Midas International Corporation have not been disclosed. In summary, while Midas International Corporation lacks direct emissions data and specific climate commitments, it is positioned within a corporate family that prioritises sustainability and climate action through inherited initiatives from Michelin.

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 International Corporation'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 International Corporation 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 International Corporation 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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