Mysoda's Carbon Inventory
The GHG protocol
Mysoda has conducted the first group-wide carbon emissions calculations for the year 2022 in collaboration with Green Carbon. Calculations follow the standards set out in the GHG Protocol. The GHG Protocol is the most widely used global framework for calculating carbon footprints.
The calculation can be done at the company
level or for individual products or services. The GHG Protocol is recommended because of the scale of its criteria and its international recognition. The results of the calculations are reported as carbon dioxide equivalents (CO2e), which take into account the different climate-warming effects of various greenhouse gases.
Mysoda’s carbon footprint calculations were conducted in accordance with both the GHG Protocol Corporate Accounting and Reporting Standard and the Corporate Value Chain (Scope 3) Accounting and Reporting Standard.Mysoda has conducted the first group-wide carbon emissions calculations for the year 2022 in collaboration with Green Carbon. Calculations follow the standards set out in the GHG Protocol.
Company Sustainability Impact
7024 t CO2E
Emissions by Mysoda product
0 kg CO2E
Supplier compliance – A member of Amfori BSCI
We are committed to ethical business practices and social responsibility and therefore a member of Amfori BSCI. Amfori BSCI (Business Social Compliance Initiative) is a leading supply chain management system designed to support companies in improving social performance in their global supply chains. Members of Amfori BSCI are committed to enhancing working conditions in their supply chains by implementing the Amfori BSCI Code of Conduct, which includes principles related to labour rights, health and safety, and environmental protection.
The Amfori BSCI Code of Conduct is based on international labour standards which, among others, include principles related to health and safety, collective bargaining rights, fair remuneration, protection from discrimination and child labour, and decent working hours. Amfori BSCI members commit to ethical sourcing practices and socially responsible business.
Our goals and emission targets
We are currently setting specific actionable targets to reduce emissions on both product and group level quickly and effectively. To hold ourselves accountable and strengthen our commitment, Mysoda will join the Science Based Targets Initiative (SBTi) in autumn this year.
The SBTi helps companies of all sectors to reduce greenhouse gas emissions in line with the Paris Agreement. Targets need to align with what the latest climate research deems necessary to limit global warming to 1.5 °C above pre-industrial levels.
By joining the SBTi, we commit to conducting yearly emission inventories and reduce our scope 1 and 2 emissions by 95% within the next 5-10 years. Furthermore, small and medium sized enterprises like Mysoda commit to measuring and reducing scope 3 emissions.
We are determined to also decrease scope 3 emissions further down the chain of our suppliers. We have already made changes to our product portfolio, reducing both the emissions of our bestseller Woody as well as our CO2 products significantly. Within 2024, Mysoda’s whole range of CO2 products is going to be switched to biogenic CO2, making the gas itself a net-zero product.
Setting specific targets for scope 3 emissions reduction are not required under the SBTi program for small and medium sized enterprises. Nevertheless, we have several more actions for reducing those emissions in planning, to be rolled out as soon as feasible.
Why does Mysoda not compensate emissions?
We have chosen to focus our attention on reducing emissions rather than compensating. We believe that the release of new emissions needs to be prevented at the source to create a truly sustainable product and business. After all, cutting emissions even before they are created is better than trying to mitigate adverse effects afterwards. That does not mean that we have ruled out engaging in carbon offset programs in the future, especially at the point where emissions cannot be reduced any further.