Mitr Phol

Mitr Phol, a Thailand-headquartered company in the Furniture and other manufactured goods n.e.c. industry, reported its most recent global emissions for 2023. The company's total emissions for that year were approximately 2.24 billion kg CO2e, comprising about 350 million kg CO2e for Scope 1, 80 million kg CO2e for Scope 2, and 1.81 billion kg CO2e for Scope 3. Notably, the majority of Scope 3 emissions in 2023 stemmed from purchased goods and services (approximately 1.34 billion kg CO2e), followed by upstream transportation and distribution (approximately 150 million kg CO2e) and downstream transportation and distribution (approximately 120 million kg CO2e).

Looking back, Mitr Phol's total emissions in 2022 were approximately 2.31 billion kg CO2e. In 2021, the company's Scope 1 emissions were approximately 382.3 million kg CO2e, Scope 2 emissions were approximately 78 million kg CO2e, and Scope 3 emissions were approximately 1.19 billion kg CO2e.

Mitr Phol has demonstrated a clear commitment to climate action, with several reduction targets. The company aims to achieve carbon neutrality by 2030 and net-zero greenhouse gas emissions by 2050. Specifically, Mitr Phol has set an absolute reduction target to cut Scope 1 and 2 emissions by 42% and Scope 3 emissions by 25% from a 2021 base year, to be achieved by 2030. Additionally, the company has committed to a 30% reduction in absolute Scope 1 and Scope 2 emissions by 2030, using a 2020 baseline. Mitr Phol has also committed to near-zero Scope 1 and Scope 2 emissions by the middle of this decade. These targets align with the Science Based Targets initiative (SBTi), to which Mitr Phol Group (the ultimate parent company, Mitr Phol Sugar Corporation., Ltd.) has committed to near-term and long-term net-zero targets. The emissions data and climate commitments for Mitr Phol are cascaded from its ultimate parent company, Mitr Phol Sugar Corporation., Ltd.