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European Climate Pact

Overview

Location

Sweden

Sector

Food, beverage & tobacco

Organisation type
Business

Company Information

Midsona is a consumer goods company developing and producing natural and organic products, consumer health, and health food. The head office is in Malmö, Sweden. Midsona's net sales amounted to 3.7 billion SEK in 2021 and the company has around 850 employees.

Our progress towards decarbonization

 

GHG Emissions

Our actions – the Pathway

  • Midsona AB has a target to reduce absolute scopes 1 and 2 CO2e emissions 38% by 2034 from a base year of 2019. This is a year-on-year reduction rate of 2.5% over the next 13 years.

Pledge: Have a short-medium term GHG emissions reduction target (scope 1+2) with a 2.1% year-on-year reduction at a minimum

MRV: Pact MRV in place

Status date: Submitted (20/07/2022)

Data source: CDP Climate Change 2022

How we want to achieve this – our roadmap

  • Have an initiative in place to drive GHG emissions reduction through energy efficiency in production processes
  • Have an initiative in place to drive GHG emissions reduction through waste reduction and materials circularity

MRV: Pact MRV in place

Status date: Submitted (20/07/2022)

Data source: CDP Climate Change 2022

 

Governance & Strategy

North Star

  • Midsona AB have a publicly available 1.5°C aligned low-carbon transition plan

MRV: Pact MRV in place

Status date: Submitted (20/07/2022)

Data source: CDP Climate Change 2022

How we want to achieve this – our roadmap

  • Publicly disclose climate and environmental data to investors and customers through a public platform
  • Have board-level oversight of climate-related issues
  • Have a process for identifying, assessing, and responding to climate-related risks and opportunities
  • Have an employee engagement strategy to support and contribute to achieving the company's climate and environmental goals

MRV: Pact MRV in place

Status date: Submitted (20/07/2022)

Data source: CDP Climate Change 2022

 

Value chain engagement

North Star

  • Midsona AB has a supplier engagement target to get 70.0% of its suppliers by procurement spend to set a science-based emission reduction target

Pledge: Have a supplier engagement target in order to reduce scope 3 GHG emissions, to get a share of our suppliers by procurement spend set science-based GHG emissions reduction targets in line with the SBTi Criteria and Recommendations

MRV: Pact MRV in place

Status date: Submitted (20/07/2022)

Data source: CDP Climate Change 2022