Musim Mas Holdings Pte. Ltd., a leading player in the palm oil industry, is headquartered in Singapore (SG) and operates extensively across Southeast Asia. Founded in 1980, the company has established itself as a significant force in the production and distribution of palm oil and its derivatives, focusing on sustainability and innovation. With a diverse portfolio that includes refined palm oil, specialty fats, and oleochemicals, Musim Mas is committed to delivering high-quality products that meet global standards. The company’s unique approach to sustainable sourcing and production has garnered recognition, positioning it as a trusted partner in the industry. Musim Mas Holdings has achieved notable milestones, including certifications for sustainability and traceability, reinforcing its commitment to responsible business practices. As a key player in the palm oil sector, Musim Mas continues to drive advancements in sustainability while maintaining a strong market presence.
How does Musim Mas Holdings Pte. Ltd.'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.
Mean score of companies in the Business 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.
Musim Mas Holdings Pte. Ltd.'s score of 61 is higher than 79% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2022, Musim Mas Holdings Pte. Ltd. reported significant carbon emissions across various scopes. The company’s total Scope 1 emissions amounted to approximately 1,675,429,000 kg CO2e, while Scope 2 emissions were reported at about 455,546,000 kg CO2e (market-based) and 411,579,000 kg CO2e (location-based). Notably, in Singapore, the company recorded Scope 1 emissions of about 46,353,000 kg CO2e and Scope 2 emissions of approximately 51,000 kg CO2e (market-based). Musim Mas has set ambitious climate commitments, aiming for net-zero greenhouse gas emissions across its value chain by 2050. The company has established near-term targets to reduce absolute Scope 1 and 2 GHG emissions by 42% by 2030 from a 2021 baseline. Additionally, it aims to cut absolute Scope 3 GHG emissions by 42% within the same timeframe. The company is also committed to reducing Scope 1 and 3 emissions related to deforestation-linked commodities by 30.3% by 2030, with a no-deforestation target set for December 31, 2025. In terms of long-term goals, Musim Mas targets a 90% reduction in absolute Scope 1, 2, and 3 emissions by 2050, again using 2021 as the baseline year. The company has already achieved a significant reduction, avoiding approximately 619,749,000 kg CO2e through the installation of methane capture plants, resulting in an emission intensity of 2.77 tCO2e/mtCPO, which is 53% lower than its 2006 baseline. Musim Mas's climate initiatives are aligned with the Science Based Targets initiative (SBTi), ensuring that their targets are consistent with the reductions required to limit global warming to 1.5°C. The company’s commitment to sustainability reflects its proactive approach to addressing climate change and reducing its carbon footprint.
Access structured emissions data, company-specific emission factors, and source documents
2016 | 2018 | 2019 | 2020 | 2021 | 2022 | |
---|---|---|---|---|---|---|
Scope 1 | 1,119,103,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 |
Scope 2 | 212,393,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 |
Scope 3 | - | - | - | - | - | 00,000,000,000 |
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Musim Mas Holdings Pte. Ltd. is participating in some of the initiatives that we track. This may change over time as the company engages with new initiatives or updates its commitments. DitchCarbon will update this information as it becomes available.