MIG HOLDINGS S.A.

Greenhouse gas emissions & sustainability report data

πŸ“Š Latest report period: 2023πŸ—‚οΈ Report periods on file: 2023

In its 2023 reporting, MIG HOLDINGS S.A. disclosed greenhouse gas emissions of 20.9K tn CO2. By scope: Scope 1: 97.55 tn CO2; Scope 2: 20.8K tn CO2. Figures are as stated in the company's own report and may use different boundaries, units or methods (for example market-based vs location-based Scope 2), so compare with care.

πŸ’¨
GHG Emissions
20.9K tn CO2
2023
πŸ’§
Water Usage
40.3K m3/year
2023
βš™οΈ
Energy Use
22.0K MWh/year
2023

πŸ“Š Emissions by Scope (2023)

ScopeWhat it coversReported value
Scope 1Direct emissions from sources the company owns or controls (fuel combustion, company vehicles, process and fugitive emissions).97.55 tn CO2
Scope 2Indirect emissions from purchased electricity, steam, heat and cooling.20.8K tn CO2

New to scopes? Read Scope 1, 2 and 3 emissions explained and market-based vs location-based Scope 2.

βœ… Reported Environmental Achievements

🎯 Climate & Sustainability Targets

πŸ”œ Short-term

  • Increasing leased spaces
  • Renewing leases that expire within the year under more favorable terms.
  • Managing effectively operating costs.
  • Improving real estate yield.
  • Maintaining sufficient liquidity for the repayment of increased financial expenses and the implementation of the company's investment plans.

πŸ“… Medium-term

  • Continuing the implementation of new investment projects aiming at medium-term strengthening of profitability.

πŸ”­ Long-term

  • Considering the use of alternative ways of strengthening its capital when this increase is deemed to favor all the shareholders.
  • Investing in listed and non-listed companies aimed at both: obtaining short-term profits and enhancing profitability in the medium term.
  • Investing in Fixed Income securities.
  • Considering investing in Private Equity Funds.

🌱 ESG Focus Areas

Environmental protectionPositive impact on societyGood governance

⚠️ Challenges & Risks +

  • Changes in real estate values (price risk)
  • Currency Risk
  • Financing and Interest rate Risk
  • Market Risk
  • Credit Risk
  • Liquidity Risk
  • Climate change risk
  • Health and safety risk for employees

πŸ“‹ Report Information

Reporting Period: 2023
Frameworks: IFRS
Assurance: Grant Thornton