Musim Mas Holdings Pte. Ltd.

Musim Mas Holdings Pte. Ltd., headquartered in Singapore and operating in the 'Other business services (74)' sector, has established a clear commitment to climate action, aiming for net-zero greenhouse gas emissions by 2050.

In terms of emissions data, the company reported:

• 2024: Total emissions were approximately 33.02 billion kg CO2e, comprising Scope 1 emissions of around 1.62 billion kg CO2e and Scope 3 emissions of approximately 35.89 billion kg CO2e. Key Scope 3 categories reported include processing of sold products (985.31 million kg CO2e), purchased goods and services (1.94 billion kg CO2e), waste generated in operations (219.15 million kg CO2e), and upstream transportation and distribution (509.24 million kg CO2e).
• 2023: Total emissions were approximately 34.54 billion kg CO2e. Scope 1 emissions were around 1.63 billion kg CO2e, with Scope 3 emissions at approximately 38.46 billion kg CO2e. Significant Scope 3 contributors included purchased goods and services (2.20 billion kg CO2e), processing of sold products (1.06 billion kg CO2e), upstream transportation and distribution (1.10 billion kg CO2e), and waste generated in operations (231.69 million kg CO2e).
• 2022: Total emissions reached approximately 36.90 billion kg CO2e, with Scope 1 emissions at about 1.68 billion kg CO2e and Scope 3 emissions at nearly 39.64 billion kg CO2e. Notable Scope 3 figures were purchased goods and services (1.81 billion kg CO2e), processing of sold products (1.12 billion kg CO2e), and upstream transportation and distribution (546.00 million kg CO2e).
• 2021: Total emissions were approximately 38.85 billion kg CO2e. Scope 1 emissions were reported at 1.67 billion kg CO2e, and Scope 3 emissions at around 42.68 billion kg CO2e. Key Scope 3 categories were purchased goods and services (2.35 billion kg CO2e) and processing of sold products (1.09 billion kg CO2e).
• 2020: Scope 1 emissions were approximately 1.34 billion kg CO2e, and Scope 2 emissions (location-based) were around 320.18 million kg CO2e.
• 2019: Scope 1 emissions were approximately 1.28 billion kg CO2e, with Scope 2 emissions at about 291.19 million kg CO2e.
• 2018: Scope 1 emissions were approximately 1.47 billion kg CO2e, and Scope 2 emissions were around 248.00 million kg CO2e.
• 2016: Scope 1 emissions were approximately 1.12 billion kg CO2e, and Scope 2 emissions were around 212.39 million kg CO2e.

Musim Mas Holdings has set ambitious targets:

• Net Zero: Commitment to achieve net-zero greenhouse gas emissions across the value chain by 2050.
• Near-Term Reductions (by 2030 from a 2021 baseline):
  • A 42% reduction in absolute Scope 1 and Scope 2 greenhouse gas (GHG) emissions.
  • A 42% reduction in absolute Scope 3 GHG emissions from specified categories including purchased goods and services, fuel-and-energy-related activities, upstream transportation and distribution, waste generated in operations, downstream transportation and distribution, and processing of sold products.
  • A 30.3% reduction in absolute Scope 1 and Scope 3 FLAG (Forest, Land and Agriculture) GHG emissions.
• Long-Term Reductions (by 2050 from a 2021 baseline):
  • A 90% reduction in absolute Scope 1 and Scope 2 GHG emissions.
  • A 90% reduction in absolute Scope 3 GHG emissions from the same specified categories as near-term targets.
  • A 72% reduction in absolute Scope 1 and Scope 3 FLAG GHG emissions.
• Deforestation: A commitment to no deforestation across its primary deforestation-linked commodities, with a target date of 31 December 2025.

Furthermore, the company achieved an emission intensity of 2.77 tonnes CO2e per metric tonne of Crude Palm Oil (CPO) in 2022, representing a 53% reduction compared to its 2006 baseline emissions. This was partly attributed to the installation of 17 methane capture plants. Musim Mas aims to reduce its Scope 1 and Scope 2 emissions to near zero by mid-decade.