Miquel Y Costas Sustainability Profile
Miquel Y Costas, a prominent player in the paper industry, is headquartered in Spain and operates extensively across Europe and beyond. Founded in 1808, the company has established itself as a leader in the production of high-quality paper products, particularly in the specialty paper sector. Renowned for its innovative approach, Miquel Y Costas offers a diverse range of products, including cigarette paper, rolling paper, and other specialty papers, all distinguished by their superior quality and sustainability. The company has achieved significant milestones, including advancements in eco-friendly production methods, positioning itself as a responsible choice in the market. With a strong commitment to excellence, Miquel Y Costas continues to maintain a competitive edge, recognised for its reliability and expertise in the paper manufacturing industry.
DitchCarbon Score
How does Miquel Y Costas'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 Paper Products 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
Miquel Y Costas's score of 47 is higher than 73% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Miquel Y Costas's reported carbon emissions
In 2024, Miquel Y Costas reported total carbon emissions of approximately 164,264,000 kg CO2e, with Scope 1 emissions accounting for about 53,690,000 kg CO2e and Scope 3 emissions at approximately 110,574,000 kg CO2e. This marks an increase from 2023, where total emissions were about 155,372,000 kg CO2e, with Scope 1 emissions of approximately 52,827,000 kg CO2e and Scope 3 emissions of about 102,544,000 kg CO2e. The company has set ambitious climate commitments, aiming for a 51% reduction in Scope 1 and 2 greenhouse gas emissions by 2030, using 2018 as the base year. Additionally, Miquel Y Costas is committed to achieving climate neutrality (Net Zero) by 2050. Specific targets include a 46.5% reduction in absolute Scope 1 and 2 emissions by FY2030 from a FY2021 base year, and a 90% reduction in absolute Scope 1, 2, and 3 emissions by FY2050 from the same base year. Furthermore, they aim to reduce absolute Scope 3 emissions by 25% by FY2030. These targets are aligned with the Science Based Targets initiative (SBTi) and reflect the company's commitment to sustainable practices within the Forest and Paper Products sector. Miquel Y Costas is also focused on maintaining the total purchase of electricity in production centres from renewable energy sources.
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| 2005 | 2018 | 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|---|---|
| Scope 1 | 118,184,000 | - | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
| Scope 2 | - | - | - | 0,000,000 | - | - | - |
| Scope 3 | - | - | 0,000,000 | - | 000,000,000 | 000,000,000 | 000,000,000 |
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Miquel Y Costas'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.
Miquel Y Costas has established climate goals through participation in recognized frameworks and target-setting initiatives. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
Frequently Asked Questions
Common questions about Miquel Y Costas's sustainability data and climate commitments