Mips

Mips's reported carbon emissions

In 2025, Mips reported total carbon emissions of approximately 4,881,200 kg CO2e, with emissions distributed across various scopes: Scope 1 emissions were 0 kg CO2e, Scope 2 emissions totalled approximately 60,400 kg CO2e (location-based), and Scope 3 emissions accounted for about 4,881,200 kg CO2e. The company has set ambitious climate commitments, aiming to reduce its total emissions by 42% by the end of 2030, using 2021 as the base year. This target necessitates a significant reduction of approximately 90% in emissions to accommodate an expected annual growth of about 20%. Mips has also established interim goals, including a target to reduce emissions per sold product by 12% in 2023 and an 8% reduction in emissions per solution sold for 2024. Furthermore, Mips is committed to achieving net zero emissions by 2050, with specific targets for Scope 1 and Scope 2 emissions set at a 42% reduction by 2030. These targets have been validated through the Science Based Targets initiative (SBTi), ensuring alignment with global climate goals. Overall, Mips is actively working to enhance its sustainability practices and reduce its carbon footprint across its operations and value chain.