Musim Mas Holdings Pte. Ltd., a leading player in the palm oil industry, is headquartered in Singapore (SG) and operates extensively across Southeast Asia. Founded in 1980, the company has established itself as a significant force in the production and distribution of palm oil and its derivatives, focusing on sustainability and innovation. With a diverse portfolio that includes refined palm oil, specialty fats, and oleochemicals, Musim Mas is committed to delivering high-quality products that meet global standards. The company’s unique approach to sustainable sourcing and production has garnered recognition, positioning it as a trusted partner in the industry. Musim Mas Holdings has achieved notable milestones, including certifications for sustainability and traceability, reinforcing its commitment to responsible business practices. As a key player in the palm oil sector, Musim Mas continues to drive advancements in sustainability while maintaining a strong market presence.
How does Musim Mas Holdings Pte. Ltd.'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.
Mean score of companies in the Business 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.
Musim Mas Holdings Pte. Ltd.'s score of 52 is higher than 75% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2022, Musim Mas Holdings Pte. Ltd. reported significant carbon emissions, totalling approximately 1,635,429,000 kg CO2e across all scopes globally. This includes 1,375,886,000 kg CO2e from Scope 1 emissions and 455,546,000 kg CO2e from Scope 2 emissions. In Singapore, the company recorded Scope 1 emissions of about 46,353,000 kg CO2e and Scope 2 emissions of approximately 51,000 kg CO2e. Musim Mas has set ambitious climate commitments, aiming for net-zero greenhouse gas emissions across its value chain by 2050. The company has established near-term targets to reduce absolute Scope 1 and 2 emissions by 42% by 2030 from a 2021 baseline. Additionally, it plans to cut Scope 3 emissions by the same percentage within the same timeframe. Notably, Musim Mas has committed to reducing its Scope 1 and 3 emissions related to deforestation-linked commodities by 30.3% by 2030, with a no-deforestation target set for December 31, 2025. The company has also achieved a significant reduction in emissions intensity, reporting a 53% decrease since its 2006 baseline, equivalent to avoiding approximately 619,749,000 kg CO2e through the installation of methane capture plants. Looking ahead, Musim Mas aims to reduce its Scope 1 and 2 emissions by 90% by 2050, alongside a similar target for Scope 3 emissions. These commitments align with the Science Based Targets initiative (SBTi) and reflect Musim Mas's dedication to sustainable practices in the agricultural production sector.
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2016 | 2018 | 2019 | 2020 | 2021 | 2022 | |
---|---|---|---|---|---|---|
Scope 1 | 1,119,103,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 |
Scope 2 | 212,393,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 |
Scope 3 | - | - | - | - | - | 00,000,000,000 |
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Musim Mas Holdings Pte. Ltd. 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.