As of 2025, Mips has disclosed 4 climate targets aimed at reducing its greenhouse gas (GHG) emissions. These include 1 absolute reduction target and 3 intensity-based targets, signaling the company's commitment to managing and lowering its carbon footprint over time. The targets span various emissions scopes and time horizons, offering insight into Mips's climate strategy, ambition level, and alignment with global decarbonization goals.
| Target Type | Scope of Target | Unit | Target | Target Year |
|---|---|---|---|---|
Absolute-based Target | Scope 1 - Total, Scope 2 - Total, Scope 3 - Total | Metric Tonnes of CO2 equivalent (mtCO2e) | -42%a | 2030 |
Intensity-based Target | Scope 1 - Total, Scope 2 - Total, Scope 3 - Total | Metric Tonnes of CO2 equivalent (mtCO2e) per Unit of Other Product (Unlisted) Sold/Delivered | -47%a | 2025 |
Intensity-based Target | Scope 1 - Total, Scope 2 - Total, Scope 3 - Total | Metric Tonnes of CO2 equivalent (mtCO2e) per Unit of Other Product (Unlisted) Sold/Delivered | -55%a | 2026 |
Intensity-based Target | Scope 1 - Total, Scope 2 - Total, Scope 3 - Total | Metric Tonnes of CO2 equivalent (mtCO2e) per Unit of Other Product (Unlisted) Sold/Delivered | -90%a | 2030 |
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As of 2025, Mips has set greenhouse gas (GHG) emissions reduction targets that cover only its total carbon footprint, without separate targets for operational (Scope 1 and 2) or value chain (Scope 3) emissions. This limits the ability to track progress across distinct emissions categories.a
As of 2025, Mips has set a target to reduce its total carbon footprint, specifically those from Scope 1, Scope 2 and Scope 3 sources.a
Mips's most ambitious carbon footprint target is to reduce its scope 1, 2 and 3 emissions from a baseline of 12,789 Metric Tonnes of CO2 equivalent (mtCO2e) in 2021, by 42% by 2030.a
Mips has already surpassed its total carbon footprint reduction target, with 2025 levels falling below the 2030 value, achieving its climate goal ahead of schedule.a