Musim Mas Holdings Pte. Ltd.

Musim Mas Holdings Pte. Ltd., headquartered in Singapore, reported Scope 1 emissions of approximately 1.62 billion kg CO2e for 2024. Their Scope 3 emissions for the same year were approximately 64.36 billion kg CO2e, including significant contributions from purchased goods and services (33.35 billion kg CO2e) and processing of sold products (985.31 million kg CO2e). For 2023, the company disclosed Scope 1 emissions of about 1.63 billion kg CO2e and Scope 3 emissions of approximately 38.46 billion kg CO2e. In 2022, Scope 1 emissions were around 1.68 billion kg CO2e, and Scope 3 emissions were approximately 39.64 billion kg CO2e. The company also reported Scope 1 emissions of approximately 1.67 billion kg CO2e and Scope 3 emissions of about 42.68 billion kg CO2e in 2021. For 2020, Musim Mas disclosed Scope 1 emissions of approximately 1.34 billion kg CO2e and Scope 2 emissions (location-based) of about 320.18 million kg CO2e.

Musim Mas Holdings Pte. Ltd. has committed to ambitious climate targets. The company aims to achieve net-zero greenhouse gas emissions across its entire value chain by 2050. Specifically, they commit to reducing absolute Scope 1 and 2 GHG emissions by 42% by 2030 from a 2021 base year. Concurrently, they plan to reduce 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. For the longer term, Musim Mas aims to reduce absolute Scope 1 and 2 GHG emissions by 90% by 2050 from a 2021 base year, and absolute Scope 3 GHG emissions from the aforementioned categories by 90% by 2050 from a 2021 base year. These targets are validated by the Science Based Targets initiative (SBTi) and are consistent with reductions required to keep warming to 1.5°C. The company also commits to reduce absolute Scope 1 and 3 FLAG (Forest, Land, and Agriculture) GHG emissions by 30.3% by 2030 from a 2021 base year, and by 72% by 2050 from a 2021 base year. Additionally, Musim Mas is committed to no deforestation across its primary deforestation-linked commodities by December 31, 2025. In 2022, Musim Mas avoided approximately 619,749 metric tons CO2e due to the installation of 17 methane capture plants, leading to a 53% reduction in emission intensity compared to their 2006 baseline.