Mips
Mips, officially known as Mips AB, is a leading provider of advanced brain protection technologies headquartered in Sweden (SE). Founded in 2001, the company has established itself within the safety equipment industry, focusing primarily on innovative solutions for head protection in sports and other high-risk activities. Mips is renowned for its unique Multi-directional Impact Protection System, which significantly reduces rotational forces on the brain during impacts. This technology has positioned Mips as a preferred choice among helmet manufacturers globally, enhancing safety standards across various sectors, including cycling, skiing, and motor sports. With a commitment to continuous innovation, Mips has achieved notable milestones, including partnerships with top brands and a growing presence in major markets across Europe and North America. The company’s dedication to research and development solidifies its market position as a pioneer in brain safety technology.
DitchCarbon Score
How does Mips's carbon action stack up? DitchCarbon scores companies based on their carbon action and commitment to reducing emissions. Read about our methodology to learn more.
Industry Average
Mean score of companies in the Recreation and Sports Services industry. Comparing a company's score to the industry average can give you a sense of how well the company is doing compared to its peers.
Industry Benchmark
Mips's score of 69 is higher than 83% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Mips's reported carbon emissions
In 2024, Mips reported total carbon emissions of approximately 4,218,900 kg CO2e, with significant contributions from Scope 3 emissions, which accounted for about 4,218,900 kg CO2e. Specifically, Scope 2 emissions were reported at approximately 54,400 kg CO2e, while Scope 1 data was not disclosed. The previous year, 2023, Mips' emissions totalled about 4,020,000 kg CO2e, with Scope 1 emissions at approximately 23,900 kg CO2e and Scope 2 emissions at about 37,700 kg CO2e. Mips has set ambitious climate commitments, aiming to reduce its Scope 1 and Scope 2 greenhouse gas emissions by 42% by 2030, using a 2020 baseline. This target has been validated by the Science Based Targets initiative (SBTi) and is aligned with the goal of limiting global warming to 1.5°C. Additionally, Mips has committed to achieving net zero emissions by 2050, focusing on measuring and reducing its Scope 3 emissions. In terms of recent achievements, Mips has successfully reduced greenhouse gas emissions per solution sold by approximately 43% since the 2021 base year. For 2024, the company aims to further reduce emissions per solution sold by 8%. These initiatives reflect Mips' commitment to sustainability and its proactive approach to addressing climate change.
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| 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|
| Scope 1 | - | 00,000 | 00,000 | - |
| Scope 2 | 17,100 | 00,000 | 0,000 | 0,000 |
| Scope 3 | 12,990,300 | 0,000,000 | 0,000,000 | 0,000,000 |
Industry emissions intensity
Location emissions intensity
Reduction initiatives & disclosure networks
Companies disclose and commit to reducing emissions to show they are serious about reducing emissions impact over time. They can also help a company track its progress over time.
Mips is participating in some of the initiatives that we track. This may change over time as the company engages with new initiatives or updates its commitments. DitchCarbon will update this information as it becomes available.
