Mips AB

Common Name
Mips
Country
Sweden
Sector
Consumer Cyclical
Industry
Leisure
Employees
102
Ticker
MIPS
Exchange
NASDAQ STOCKHOLM AB
Description
MIPS AB is a Swedish company specializing in helmet-based safety and brain protection systems. The company is notably known for its innovative Multi-directional Impact Protection System (MIPS) technol...

Mips's Climate Target Data Preview

As of 2024, Mips has disclosed 4 climate targets aimed at reducing its greenhouse gas (GHG) emissions. These include 1 absolute reduction target and 3 intensity-based target 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 TypeScope of TargetUnitTargetTarget Year
Absolute-based Target
Scope 1 - Total, Scope 2 - Total, Scope 3 - Total
Metric Tonnes of CO2 equivalent (mtCO2e)
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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
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2024
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
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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
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2030

This table provides a simplified preview of selected climate targets data points. To access the complete dataset with full disclosures, detailed breakdowns, and source traceability, create a free account to view purchase options.

Insights into Mips's Greenhouse Gas Emissions Pathways

As of 2024, 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.

Does Mips have a target to reduce its total carbon footprint?

As of 2024, Mips has set a target to reduce its total carbon footprint, specifically those from Scope 1, Scope 2 and Scope 3 sources.

Mips's most ambitious carbon footprint target is to reduce its scope 1, 2 and 3 emissions from a baseline of 13,096.8 Metric Tonnes of CO2 equivalent (mtCO2e) in 2021, by 42% by 2030.

Mips has already surpassed its total carbon footprint reduction target, with 2024 levels falling below the 2030 value, achieving its climate goal ahead of schedule.

Mips's Carbon Footprint (Scope 1+2+3) Emissions Pathway

20212024203003.5 k7 k10.5 k14 kBaselineCurrent (-64%)Target 2030 (-42%)
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