Momo Sustainability Profile
Momo, officially known as Momo.com Inc., is a leading e-commerce platform headquartered in Taipei, Taiwan (TW). Established in 2004, Momo has rapidly evolved within the online retail industry, focusing on a diverse range of products including electronics, fashion, and household goods. The company has distinguished itself through its user-friendly interface and robust logistics network, ensuring swift delivery and customer satisfaction. With a strong presence in Taiwan and expanding operations in the broader Asia-Pacific region, Momo has achieved significant milestones, including being listed on the Taiwan Stock Exchange. Its innovative approach to online shopping, combined with a commitment to quality and service, has solidified Momo's position as a market leader in the Taiwanese e-commerce landscape.
DitchCarbon Score
How does Momo'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 Retail Trade Services 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
Momo's score of 32 is higher than 56% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Momo's reported carbon emissions
In 2023, Momo reported total carbon emissions of approximately 1,432,127,540 kg CO2e. This figure includes Scope 1 emissions of about 1,815,700 kg CO2e, Scope 2 emissions of approximately 13,534,710 kg CO2e, and a significant contribution from Scope 3 emissions, which totalled around 1,416,777,130 kg CO2e. The major components of Scope 3 emissions include purchased goods and services (about 1,329,323,670 kg CO2e) and upstream transportation and distribution (approximately 42,632,770 kg CO2e). In comparison, Momo's total emissions for 2022 were about 1,539,044,620 kg CO2e, with Scope 1 at approximately 1,595,480 kg CO2e, Scope 2 at around 13,240,450 kg CO2e, and Scope 3 emissions reaching about 1,524,208,690 kg CO2e. This indicates a reduction in total emissions from 2022 to 2023. Momo has not disclosed any specific reduction targets or initiatives, nor does it appear to have cascaded any targets from parent organisations. The company operates independently in its climate commitments, with no reported initiatives under frameworks such as SBTi or CDP. Overall, Momo's emissions data reflects a substantial carbon footprint, particularly in Scope 3 emissions, highlighting the need for ongoing assessment and potential strategies for reduction in future reporting periods.
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| 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|
| Scope 1 | 357,310 | 000,000 | 000,000 | 0,000,000 | 0,000,000 |
| Scope 2 | 5,939,590 | 0,000,000 | 0,000,000 | 00,000,000 | 00,000,000 |
| Scope 3 | - | 0,000,000 | 0,000,000 | 0,000,000,000 | 0,000,000,000 |
How Carbon Intensive is Momo's Industry?
How Carbon Intensive is Momo's Location?
Momo's Scope 3 Categories Breakdown
Momo's Scope 3 emissions, which decreased by 7% last year and increased significantly since 2020, demonstrating supply chain emissions tracking. Nearly all of their carbon footprint comes from suppliers and value chain emissions, representing nearly all emissions under the GHG Protocol, with "Purchased Goods and Services" being the largest emissions source at 94% of Scope 3 emissions.
Top Scope 3 Categories
Momo'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.
Momo has not publicly committed to specific 2030 or 2050 climate goals through the major frameworks we track. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
