Mips, officially known as Mips AB, is a leading provider of advanced brain protection technologies headquartered in Sweden (SE). Founded in 2001, the company has established itself within the safety equipment industry, focusing primarily on innovative solutions for head protection in sports and other high-risk activities. Mips is renowned for its unique Multi-directional Impact Protection System, which significantly reduces rotational forces on the brain during impacts. This technology has positioned Mips as a preferred choice among helmet manufacturers globally, enhancing safety standards across various sectors, including cycling, skiing, and motor sports. With a commitment to continuous innovation, Mips has achieved notable milestones, including partnerships with top brands and a growing presence in major markets across Europe and North America. The company’s dedication to research and development solidifies its market position as a pioneer in brain safety technology.
How does Mips'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.
Mean score of companies in the 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.
Mips's score of 44 is higher than 97% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2023, Mips AB reported total carbon emissions of approximately 4,434,000 kg CO2e. This figure includes 85,000 kg CO2e from Scope 1 emissions, 28,000 kg CO2e from Scope 2 emissions, and about 4,321,000 kg CO2e from Scope 3 emissions. Notably, the company has made significant strides in reducing its carbon footprint, achieving a reduction from 8,222,000 kg CO2e in 2021 to the current level. Mips has set ambitious climate commitments, aiming to reduce its Scope 1 and Scope 2 greenhouse gas emissions by 42% by 2030, using 2020 as the base year. This target has been approved by the Science Based Targets initiative (SBTi) and aligns with the goal of limiting global warming to 1.5°C. The company is also committed to measuring and reducing its Scope 3 emissions, which represent the majority of its carbon footprint. Overall, Mips is actively working towards a more sustainable future by implementing these reduction targets and focusing on comprehensive emissions management across all scopes.
Access structured emissions data, company-specific emission factors, and source documents
Add to project2021 | 2022 | 2023 | |
---|---|---|---|
Scope 1 | 82,500 | 00,000 | 00,000 |
Scope 2 | 25,000 | 00,000 | 00,000 |
Scope 3 | 8,114,500 | 0,000,000 | 0,000,000 |
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.
Mips is committed to some reduction initiatives 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.