Midas Safety

Sustainability Report and Carbon Intensity Rankings

Is Midas Safety doing their part?

Their DitchCarbon score is 51

Midas Safety has a DitchCarbon Score of 51, indicating a moderate level of sustainability in their operations. This score reflects the company’s carbon intensity, which is a measure of how much carbon they emit relative to their output. A higher score would suggest a lower carbon intensity and greater efforts towards reducing emissions.

This was calculated based on 30+ company specific emissions data points, the higher the score, the better. Check out our methodology.

Industry emissions intensity

Very low

Low

Medium

High

Very high

Midas Safety is part of the industrial manufacturing sector, which has a low carbon intensity ranking compared to other industries. Some industries are more damaging than others, this ranking gives you an indication of how carbon intensive the industry is which this company operates in.

Location emissions intensity

Very low

Low

Medium

High

Very high

Midas Safety operates in Canada, a region with a very low carbon intensity rating. This favorable environmental context supports the company’s sustainability efforts by reducing its carbon footprint.
9.71%

...this company is doing 9.71% better in emissions than the industry average.

Founded in 1979, Industrial Clothings Private Limited is a subsidiary of MIDAS Inc, Canada, and operates within the industrial manufacturing sector, specializing in safety gloves. Headquartered in Colombo, Sri Lanka, the company has established a strong presence with three state-of-the-art factories in the country and additional global operations in Dubai, UK, India, and Canada. They offer a diverse range of gloves for various industries, including automotive, food processing, and pharmaceuticals, utilizing advanced technology to ensure quality and protection.

Good news, Midas Safety has embraced SBTi commitments

Midas Safety has pledged to set science-based targets through the Science Based Targets initiative (SBTi) to reduce greenhouse gas emissions in line with climate science. This commitment means the company will develop a detailed plan to cut emissions across its operations and value chain to meet the goals of the Paris Agreement.

There’s always room for improvement,

DitchCarbon recommends...

Midas Safety should consider investing in cleaner and more efficient machinery and equipment to potentially reduce their scope 1 emissions by 15%.
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✓ Company emission source URLs

✓ Supply level emission factors

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Our methodology

Read about our emission calculation methodologies, and what the DitchCarbon Score means.