Millennium Space Systems, Inc. Sustainability Profile
Millennium Space Systems, Inc., a leading player in the aerospace and defence industry, is headquartered in the United States, with significant operations across various regions. Founded in 2001, the company has established itself as a pioneer in satellite design and manufacturing, focusing on innovative solutions for both government and commercial clients. Specialising in small satellite systems, Millennium Space Systems offers unique capabilities in rapid development and deployment, setting it apart from competitors. The company has achieved notable milestones, including successful satellite launches and collaborations with major defence contractors, solidifying its position in the market. With a commitment to advancing space technology, Millennium Space Systems continues to drive innovation and excellence in the aerospace sector.
DitchCarbon Score
How does Millennium Space Systems, 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.
Industry Average
Mean score of companies in the Communication Equipment Manufacturing 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
Millennium Space Systems, Inc.'s score of 46 is higher than 70% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Millennium Space Systems, Inc., headquartered in the US, currently does not report specific carbon emissions data, as indicated by the absence of emissions figures. However, the company is part of a corporate family that includes The Boeing Company, from which it inherits emissions data and climate commitments. As a current subsidiary of The Boeing Company, Millennium Space Systems aligns with Boeing's sustainability initiatives, which include commitments to reduce carbon emissions across their operations. While specific reduction targets for Millennium Space Systems are not detailed, the overarching goals set by Boeing may influence their climate strategy. Boeing has engaged in various climate initiatives, including participation in the Carbon Disclosure Project (CDP) and the Climate Action 100+ initiative, which aim to enhance transparency and accountability in emissions reporting and reduction efforts. These initiatives reflect a commitment to addressing climate change and reducing greenhouse gas emissions. In summary, while Millennium Space Systems, Inc. does not provide specific emissions data or reduction targets, it is positioned within a corporate structure that prioritises climate action through inherited commitments from The Boeing Company.
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| 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|---|---|
| Scope 1 | 634,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 |
| Scope 2 | 609,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 |
| Scope 3 | 758,285,000,000 | 000,000,000,000 | 000,000,000,000 | 000,000,000,000 | 000,000,000,000 | 000,000,000,000 | 000,000,000,000 |
How Carbon Intensive is Millennium Space Systems, Inc.'s Industry?
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Millennium Space Systems, Inc.'s Scope 3 Categories Breakdown
Millennium Space Systems, Inc.'s Scope 3 emissions, which increased by 16% last year and decreased by approximately 41% since 2017, demonstrating supply chain emissions tracking. Nearly all of their carbon footprint comes from suppliers and value chain emissions, representing nearly all emissions under the GHG Protocol, with "Use of Sold Products" being the largest emissions source at 100% of Scope 3 emissions.
Top Scope 3 Categories
Millennium Space Systems, Inc.'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.
Millennium Space Systems, Inc. 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.
