Musim Mas Holdings Pte. Ltd. Sustainability Profile
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.
DitchCarbon Score
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.
Industry Average
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.
Industry Benchmark
Musim Mas Holdings Pte. Ltd.'s score of 76 is higher than 87% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Musim Mas Holdings Pte. Ltd.'s reported carbon emissions
In 2023, Musim Mas Holdings Pte. Ltd., headquartered in Singapore (SG), reported significant carbon emissions across various regions. The total emissions included approximately 4,157,190,000 kg CO2e for Scope 1 and 434,512,000 kg CO2e for Scope 2 globally. Notably, the company achieved a Scope 1 emission total of about 36,311,000 kg CO2e in Singapore, alongside 67,000 kg CO2e for Scope 2. 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 emissions by 42% from a 2021 baseline by 2030. Additionally, it aims to cut Scope 3 emissions by the same percentage within the same timeframe. The company has 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 intensity reduction, Musim Mas reported avoiding approximately 619,749 metric tons CO2e in 2022 through the installation of methane capture plants, achieving an emission intensity of 2.77 tCO2e/mtCPO, which is 53% lower than its 2006 baseline. Overall, Musim Mas is on track to meet its climate targets, with long-term goals of reducing absolute Scope 1 and 2 emissions by 90% by 2050, alongside a similar reduction for Scope 3 emissions. These commitments align with the Science Based Targets initiative (SBTi) standards, reinforcing the company's dedication to sustainable practices in the agricultural production sector.
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| 2016 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|---|---|
| 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 | 0,000,000,000 |
| Scope 2 | 212,393,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 |
| Scope 3 | - | - | - | - | 00,000,000,000 | 00,000,000,000 | 00,000,000,000 |
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Musim Mas Holdings Pte. Ltd.'s Scope 3 Categories Breakdown
Musim Mas Holdings Pte. Ltd.'s Scope 3 emissions, which decreased by 4% last year and decreased by approximately 11% since 2021, demonstrating supply chain emissions tracking. The vast majority of their carbon footprint comes from suppliers and value chain emissions, representing the vast majority of total emissions under the GHG Protocol, with "Purchased Goods and Services" being the largest emissions source at 91% of Scope 3 emissions.
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Musim Mas Holdings Pte. Ltd.'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.
Musim Mas Holdings Pte. Ltd. has established climate goals through participation in recognized frameworks and target-setting initiatives. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
Frequently Asked Questions
Common questions about Musim Mas Holdings Pte. Ltd.'s sustainability data and climate commitments