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 67 is higher than 86% 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 greenhouse gas emissions of approximately 4,218,900 kg CO2e across various scopes. Specifically, their emissions breakdown includes 52,400 kg CO2e from Scope 2 (location-based) and 4,168,500 kg CO2e from Scope 3, which encompasses significant contributions from purchased goods and services (4,218,000 kg CO2e), business travel (158,900 kg CO2e), and employee commuting (49,500 kg CO2e). In 2023, Mips' emissions were approximately 4,020,000 kg CO2e, with Scope 1 emissions at 23,900 kg CO2e, Scope 2 (location-based) at 37,700 kg CO2e, and Scope 3 emissions totalling about 3,956,000 kg CO2e. The company has set ambitious targets to reduce its emissions, aiming for a 42% reduction in Scope 1 and Scope 2 emissions by 2030, using 2020 as the base year. Additionally, Mips has achieved a 43% reduction in greenhouse gas emissions per solution sold since 2021. Mips is committed to measuring and reducing its Scope 3 emissions as part of its sustainability strategy. The company’s near-term target for 2024 includes an 8% reduction in emissions per solution sold, demonstrating its proactive approach to climate action. These initiatives align with industry standards and reflect Mips' dedication to addressing climate change while maintaining operational efficiency.
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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.
