MSPL Limited Sustainability Profile
MSPL Limited, headquartered in India, is a prominent player in the mining and mineral processing industry. Founded in 1991, the company has established itself as a leader in the extraction and export of iron ore, catering to both domestic and international markets. With operations primarily in Karnataka and Goa, MSPL Limited is renowned for its commitment to sustainable practices and innovative technologies. The company offers a range of core services, including mining, processing, and logistics, distinguished by its focus on quality and environmental stewardship. MSPL Limited has achieved significant milestones, including certifications for quality management and environmental compliance, reinforcing its market position. With a strong emphasis on customer satisfaction and operational excellence, MSPL Limited continues to set benchmarks in the mineral sector.
DitchCarbon Score
How does MSPL Limited'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 Iron Ores 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
MSPL Limited's score of 18 is lower than 53% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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MSPL Limited's reported carbon emissions
In 2023, MSPL Limited reported total carbon emissions of approximately 122,758,010 kg CO2e, with emissions distributed across all three scopes: 7,793,580 kg CO2e (Scope 1), 112,486,160 kg CO2e (Scope 2), and 122,758,010 kg CO2e (Scope 3). This represents a slight decrease in Scope 1 emissions from 11,845,690 kg CO2e in 2022, while Scope 2 emissions decreased from 134,722,800 kg CO2e, and Scope 3 emissions decreased from 148,718,870 kg CO2e in the same year. The company has disclosed emissions data for all three scopes consistently over the past four years, indicating a commitment to transparency in its climate impact. However, there are currently no specific reduction targets or climate pledges documented, and no initiatives such as Science-Based Targets Initiative (SBTi) targets have been established. As a current subsidiary of MSPL Limited, emissions data is cascaded from the parent organization, ensuring that the reporting aligns with broader corporate sustainability efforts. The company continues to monitor and report its emissions, reflecting an ongoing commitment to understanding and managing its carbon footprint.
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| 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|
| Scope 1 | 7,003,470 | 0,000,000 | 00,000,000 | 0,000,000 |
| Scope 2 | 114,435,810 | 000,000,000 | 000,000,000 | 000,000,000 |
| Scope 3 | 121,820,500 | 000,000,000 | 000,000,000 | 000,000,000 |
How Carbon Intensive is MSPL Limited's Industry?
How Carbon Intensive is MSPL Limited's Location?
MSPL Limited's Scope 3 Categories Breakdown
MSPL Limited's Scope 3 emissions, which decreased by 17% last year and increased by approximately 1% since 2020, demonstrating supply chain emissions tracking. Most of their carbon footprint comes from suppliers and value chain emissions, with Scope 3 emissions accounting for 51% of total emissions under the GHG Protocol, with "Purchased Goods and Services" representing nearly all of their reported Scope 3 footprint.
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MSPL Limited'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.
MSPL Limited 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.
