Mitr Phol Sustainability Profile
Mitr Phol Group, a leading player in the sugar industry, is headquartered in Thailand and operates extensively across Southeast Asia. Founded in 1945, the company has established itself as a significant force in sugar production, refining, and distribution, with a commitment to sustainable practices and innovation. Mitr Phol's core offerings include high-quality sugar products, bioenergy, and agricultural solutions, setting them apart through their focus on sustainability and efficiency. The company has achieved notable milestones, including advancements in sugar refining technology and a strong market presence, making it one of the largest sugar producers in the region. With a reputation for excellence and a dedication to responsible sourcing, Mitr Phol continues to lead the industry, contributing to both local economies and global markets.
DitchCarbon Score
How does Mitr Phol'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 Furniture 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
Mitr Phol's score of 46 is higher than 67% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Mitr Phol's reported carbon emissions
In 2022, Mitr Phol reported total greenhouse gas (GHG) emissions of approximately 2,420,240,000 kg CO2e, with emissions distributed across various scopes: Scope 1 emissions were about 565,423,000 kg CO2e, Scope 2 emissions were around 78,152,000 kg CO2e, and Scope 3 emissions totalled approximately 1,776,665,000 kg CO2e. The company has set ambitious targets to reduce its emissions, aiming for a 42% reduction in Scope 1 and 2 emissions and a 25% reduction in Scope 3 emissions by 2030, based on 2021 levels. Mitr Phol has committed to achieving carbon neutrality by 2030, which includes a goal to reduce GHG emissions by 50% in line with science-based targets. Additionally, the company has outlined a long-term strategy to reach net zero emissions by 2050, focusing on decarbonising its value chain, enhancing climate resilience, and neutralising residual emissions. The emissions data is cascaded from its parent company, Mitr Phol Sugar Corporation, Ltd., which is responsible for the overall sustainability initiatives and reporting. Mitr Phol is a member of the Science Based Targets initiative (SBTi) and has committed to these targets as part of its corporate responsibility towards climate action.
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| 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | |
|---|---|---|---|---|---|---|---|---|---|
| Scope 1 | 3,167,938,220 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 |
| Scope 2 | 4,564,297,490 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 000,000,000 | 000,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
| Scope 3 | - | - | - | - | 000,000,000 | 000,000,000 | 000,000,000 | 0,000,000,000 | 0,000,000,000 |
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Mitr Phol's Scope 3 Categories Breakdown
Mitr Phol's Scope 3 emissions, which increased by 49% last year and increased by approximately 347% since 2018, demonstrating supply chain emissions tracking. Most of their carbon footprint comes from suppliers and value chain emissions, with Scope 3 emissions accounting for 73% of total emissions under the GHG Protocol, with "Purchased Goods and Services" being the largest emissions source at 56% of Scope 3 emissions.
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Mitr Phol'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.
Mitr Phol 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 Mitr Phol's sustainability data and climate commitments