Miovision Technologies Incorporated Sustainability Profile
Miovision Technologies Incorporated, headquartered in California, is a leading innovator in the smart transportation industry. Founded in 2005, the company has established itself as a key player in traffic management solutions, focusing on enhancing urban mobility through advanced technology. With a strong presence in North America and expanding operations globally, Miovision offers unique products such as its intelligent traffic signal control systems and data analytics platforms. These solutions leverage real-time data to optimise traffic flow and improve safety, setting Miovision apart from competitors. The company has achieved significant milestones, including partnerships with various municipalities and recognition for its contributions to smart city initiatives. As a trusted name in traffic technology, Miovision continues to shape the future of urban transportation, making cities more efficient and sustainable.
DitchCarbon Score
How does Miovision Technologies Incorporated'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 Computer 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
Miovision Technologies Incorporated's score of 24 is lower than 54% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Miovision Technologies Incorporated's reported carbon emissions
In 2023, Miovision Technologies Incorporated reported total carbon emissions of approximately 8,739,020 kg CO2e. This figure includes Scope 1 emissions of about 124,690 kg CO2e, primarily from stationary combustion, and Scope 2 emissions of approximately 131,230 kg CO2e, all from purchased electricity. The majority of their emissions, around 8,483,100 kg CO2e, fall under Scope 3, with significant contributions from purchased goods and services (approximately 7,471,290 kg CO2e) and business travel (about 471,700 kg CO2e). Comparatively, in 2022, Miovision's total emissions were about 5,729,250 kg CO2e, indicating a notable increase in emissions year-on-year. The breakdown for 2022 shows Scope 1 emissions at approximately 150,490 kg CO2e, Scope 2 at around 130,230 kg CO2e, and Scope 3 emissions at about 5,448,530 kg CO2e. Despite these figures, Miovision has not set specific reduction targets or climate pledges, nor do they have any initiatives reported under the Science Based Targets initiative (SBTi). The absence of formal commitments suggests a need for enhanced climate action strategies within the organisation.
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| 2022 | 2023 | |
|---|---|---|
| Scope 1 | 150,490 | 000,000 |
| Scope 2 | 130,230 | 000,000 |
| Scope 3 | 5,448,530 | 0,000,000 |
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Miovision Technologies Incorporated's Scope 3 Categories Breakdown
Miovision Technologies Incorporated's Scope 3 emissions, which increased by 56% last year and increased by approximately 56% since 2022, 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 "Purchased Goods and Services" being the largest emissions source at 88% of Scope 3 emissions.
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Miovision Technologies Incorporated'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.
Miovision Technologies Incorporated 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.
