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Musim Mas Holdings Pte. Ltd., commonly referred to as Musim Mas, is a prominent player in the 'Other Business Services (74)' industry, with its headquarters based in Singapore. Established in 1982, the company has grown to become a significant entity in the global supply chain, primarily focusing on sustainable practices within the palm oil sector and related services.
Operating across major regions in Asia, Africa, and the Americas, Musim Mas is recognised for its integrated approach to commodity trading, processing, and sustainability initiatives. Its core offerings include responsible sourcing, supply chain management, and innovative solutions that set it apart in the industry. With a strong market presence and a commitment to environmental and social responsibility, Musim Mas continues to be a leader in shaping sustainable business practices in the sector.
+31 vs industry average
Musim Mas Holdings Pte. Ltd.’s score of 67 is higher than 77% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Business Services is among the least carbon-intensive industries
The Business Services industry has reduced its overall emissions by 25% since 2018
Scope 3 accounts for ••• of total emissions.
Musim Mas Holdings Pte. Ltd., headquartered in SG and operating within the 'Other business services (74)' industry, has reported significant greenhouse gas emissions. For the year 2024, the company's total emissions were approximately 33.02 billion kg CO2e. This figure includes Scope 1 emissions of about 1.62 billion kg CO2e and substantial Scope 3 emissions amounting to approximately 35.89 billion kg CO2e. In 2023, total emissions were around 34.54 billion kg CO2e, with Scope 1 at approximately 1.63 billion kg CO2e and Scope 3 at approximately 38.46 billion kg CO2e. The preceding year, 2022, saw total emissions of about 36.90 billion kg CO2e, with Scope 1 at approximately 1.68 billion kg CO2e and Scope 3 at approximately 39.64 billion kg CO2e. In 2021, total emissions were reported as approximately 38.85 billion kg CO2e, comprising Scope 1 emissions of about 1.67 billion kg CO2e and Scope 3 emissions of approximately 42.68 billion kg CO2e.
Musim Mas Holdings is actively engaged in climate action, with a commitment to reach net-zero greenhouse gas emissions across its value chain by 2050. This long-term ambition is supported by near-term targets, including a commitment to reduce absolute Scope 1 and 2 GHG emissions by 42% by 2030, using a 2021 baseline. They also aim to reduce absolute Scope 3 GHG emissions by 42% within the same timeframe. Furthermore, specific to the forest, land, and agriculture (FLAG) sector, Musim Mas aims to reduce absolute Scope 1 and 3 FLAG GHG emissions by 30.3% by 2030 from a 2021 baseline. The company is also committed to no deforestation across its primary deforestation-linked commodities, with a target date of December 31, 2025.
The company has also reported achievements in reducing its carbon footprint. In 2022, Musim Mas avoided approximately 619,749 metric tons of CO2e through the installation of 17 methane capture plants, resulting in an emission intensity of 2.77 tCO2e/mtCPO, which is 53% lower than their 2006 baseline emissions. They also aim to reduce their Scope 1 and Scope 2 emissions to near zero by the middle of the current decade.
Access structured emission data, company specific factors and auditable source documents
2050
90% reduction in Scope 1
Musim Mas commits to reduce absolute scope 1 GHG emissions 90% by 2050 from a 2021 base year.
2050
90% reduction in scope 3 total
Musim Mas commits to reduce absolute scope 3 GHG emissions from purchased goods and services, fuel-and-energy-related activities, upstream t…
2030
42% reduction in Scope 1
Musim Mas commits to reduce absolute scope 1 GHG emissions 42% by 2030 from a 2021 base year.
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