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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 Singapore, reported Scope 1 emissions of approximately 1.618 billion kg CO2e and Scope 3 emissions of approximately 35.893 billion kg CO2e in 2024. Scope 2 emissions were not disclosed for 2024. For 2023, the company disclosed Scope 1 emissions of approximately 1.635 billion kg CO2e and Scope 3 emissions of approximately 38.457 billion kg CO2e. In 2022, Musim Mas reported Scope 1 emissions of approximately 1.679 billion kg CO2e and Scope 3 emissions of approximately 39.638 billion kg CO2e. In 2021, Musim Mas reported Scope 1 emissions of approximately 1.669 billion kg CO2e and Scope 3 emissions of approximately 42.680 billion kg CO2e.
Musim Mas Holdings Pte. Ltd. has set ambitious climate commitments. They aim to achieve net-zero greenhouse gas emissions across their entire value chain by 2050, a target validated by the Science Based Targets initiative (SBTi). The company has near-term SBTi targets to reduce absolute Scope 1 and 2 GHG emissions by 42% by 2030 from a 2021 base year. Additionally, they commit to reducing absolute Scope 3 GHG emissions from 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 by 42% within the same timeframe. Long-term SBTi targets include a 90% reduction in absolute Scope 1 and 2 GHG emissions by 2050 from a 2021 base year, and a 90% reduction in absolute Scope 3 GHG emissions from specified categories by 2050 from a 2021 base year.
The company has also committed to near-term targets to reduce Scope 1 and Scope 2 emissions to near zero by the middle of this decade. Musim Mas has demonstrated progress in emissions reduction, reporting a 53% reduction in emission intensity (tCO2e/mtCPO) by 2022 compared to their 2006 baseline, attributed to the installation of 17 methane capture plants which avoided approximately 619,749 metric tons of CO2e.
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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