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M1 Limited, commonly known as M1, is a leading player in the post and telecommunication services industry, headquartered in Singapore (SG). Founded in 1997, M1 has established itself as a key provider of mobile, fixed-line, and broadband services, catering to both residential and business customers across Singapore and the surrounding regions.
With a focus on innovation, M1 offers a range of unique products, including mobile plans that feature flexible data options and high-speed fibre broadband services. The company has achieved notable milestones, such as being one of the first to launch 5G services in Singapore, solidifying its position as a market leader. M1's commitment to customer satisfaction and technological advancement continues to drive its success in the competitive telecommunications landscape.
-1 vs industry average
M1’s score of 41 is higher than 51% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Post and Telecommunications Services has below-average carbon intensity
The Post and Telecommunications Services industry has reduced its overall emissions by 39% since 2018
Scope 3 accounts for ••• of total emissions.
M1, a post and telecommunication services provider headquartered in Singapore, reported total carbon emissions of approximately 80,950,000 kg CO2e in 2023. This includes Scope 1 emissions of 885,000 kg CO2e, Scope 2 emissions from purchased electricity of 13,781,000 kg CO2e, and Scope 3 emissions of 66,283,000 kg CO2e. Key categories within Scope 3 emissions in 2023 were purchased goods and services at 44,590,000 kg CO2e and upstream transportation and distribution at 10,856,000 kg CO2e.
Looking back, M1's total emissions in 2022 were approximately 65,217,000 kg CO2e, comprising 915,000 kg CO2e from Scope 1, 13,921,000 kg CO2e from Scope 2 (purchased electricity), and 50,381,000 kg CO2e from Scope 3. In 2021, total emissions were about 84,000,000 kg CO2e, with Scope 1 at 1,239,000 kg CO2e, Scope 2 (purchased electricity) at 26,840,000 kg CO2e, and Scope 3 at 58,915,000 kg CO2e. In 2020, total emissions were approximately 70,105,000 kg CO2e, including Scope 1 emissions of 726,000 kg CO2e, Scope 2 emissions from purchased electricity of 25,979,000 kg CO2e, and Scope 3 emissions of 53,525,000 kg CO2e. In 2019, M1 reported total emissions of approximately 29,894,000 kg CO2e, with Scope 1 at 290,000 kg CO2e, Scope 2 at 29,605,000 kg CO2e, and Scope 3 at 330,000 kg CO2e. In 2018, total emissions were approximately 28,333,000 kg CO2e, with Scope 1 at 189,000 kg CO2e, Scope 2 at 28,035,000 kg CO2e, and Scope 3 at 109,000 kg CO2e.
M1 has committed to achieving net-zero emissions by 2050. Near-term targets include reducing absolute Scope 1 and 2 greenhouse gas emissions by 46.2% by 2030 from a 2020 base year. Additionally, M1 aims to reduce Scope 3 greenhouse gas emissions from purchased goods and services, capital goods, and upstream leased assets by 42% by 2030, also from a 2020 base year.
M1 Limited is a current subsidiary of Keppel Ltd., and its CDP initiative data is cascaded from Keppel Ltd.
Access structured emission data, company specific factors and auditable source documents
2025
Near-zero scope 1 & 2
Target to achieve near-zero emissions for direct operations and purchased energy
2030
62% reduction in total GHG
Vs 2019 baseline. Validated by SBTi. Includes full supply chain.
2040
50% reduction in Scope 3 intensity
Across purchased goods and services and logistics.
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