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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 52% 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, headquartered in Singapore and operating in post and telecommunication services, reported total disclosed emissions of approximately 80,944,000 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 for 2023 were purchased goods and services (44,590,000 kg CO2e) and upstream transportation and distribution (10,856,000 kg CO2e).
In 2022, M1's total disclosed emissions were approximately 65,217,000 kg CO2e, with Scope 1 at 915,000 kg CO2e, Scope 2 at 13,921,000 kg CO2e, and Scope 3 at 50,381,000 kg CO2e. This represented an increase from 2021, where total disclosed emissions were approximately 82,000,000 kg CO2e (Scope 1: 1,239,000 kg CO2e, Scope 2: 26,840,000 kg CO2e, Scope 3: 58,915,000 kg CO2e).
M1 has committed to a net-zero target by 2050. Near-term commitments include reducing absolute Scope 1 and 2 GHG emissions by 46.2% by 2030 from a 2020 base year. Additionally, M1 aims to reduce Scope 3 GHG emissions from purchased goods and services, capital goods, and upstream leased assets by 42% by 2030, also from a 2020 base year. This emissions data is directly reported by M1 Limited, while their CDP performance data is cascaded from their ultimate parent company, Keppel Ltd.
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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