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221.2 SEK
Mips AB (Mips) -8.46 SEK (-3.83%)
Last updated 19 March 2026, 22:30 CET
Mips is a global leader in its field and aims to be at the forefront of its industry also when it comes to sustainability. The company is determined to fulfil the expectations of its stakeholders and lead the way in this important field. This is what enables Mips to continue to grow profitably and sustainably.
Mips has committed to reducing greenhouse gas emissions by 42 percent by 2030 compared with the 2021 base year. Mips is a growth company, with financial targets that are contingent on a significant increase in sales volumes in the coming years. To decouple increased volumes from increased emissions, Mips has set a goal to reduce emissions per product sold by 90 percent by 2030 compared with 2021.
Mips has committed to continuously work to safeguard and respect the ten principles of the UN Global Compact concerning human rights, labor, the environment, and anti-corruption. These are embedded in Mips Supplier Code of Conduct. To ensure compliance with Mips Code of Conduct, Mips audits all manufacturing suppliers at least every other year. Mips has set a target for 2030 to achieve an average score or at least 90 out of maximum 100 from these audits.
From both a resource and climate perspective, Mips is continuously working to replace virgin materials in its products with recycled ones. The target for 2030 is to achieve 90 percent recycled material in the products Mips provides.
Follow-up of the ten principles of the UN Global Compact and the UN’s Sustainable Development Goals within Mips’ value chain.
Mips obtained the highest grade, AAA, in the internationally renowned ESG index MSCI.
Mips is a gender-balanced workplace with a goal of gender share between 40 and 60 percent. The figure for 2025 for all employees was 47/53 percent women/men.
Greenhouse gas emissions per product sold have decreased by an average of 49 percent since the base year of 2021.
Sustainability audits of suppliers resulted in an average score of 94 out of 100 possible.
The share of recycled material in Mips’ sold products averaged 34 percent in 2025.
Daring means being brave, innovative, and challenging the status quo. We are curious about trying new solutions and are not afraid to make mistakes or ask for help. We challenge ourself and others to achieve Mips’ vision.
Caring involves creating a sustainable environment where people can perform. We show our colleagues respect. In our desire to achieve the highest quality, we take responsibility for our own wellbeing.
Sharing is about creating transparency, a sense of belonging, and trust. We continuously share our experiences and knowledge with our colleagues. We support collaboration across functional areas.
In 2025, Mips took further steps towards the company’s ambitious sustainability goals. The company has nearly halved greenhouse gases emissions per product sold since the 2021 base year. To ensure good working conditions, a safe and secure work environment, prevent negative environmental impacts and safeguard respect for human rights, Mips has continued to carry out audits of its manufacturing suppliers during the year based on the the company’s Code of Conduct. This year’s audits show a high level of compliance and further improvements conmpared to previous years. The work to increase the share of recycled materials in Mips’ products has also continued, and on average the products contained 34 percent recycled material in 2025.
Greenhouse gas emissions per product sold have decreased by an average of 49% since the base year of 2021.
Sustainability audits of suppliers resulted in an average score of 94 out of 100 possible.
The share of recycled material in Mips’ sold products averaged 34 percent in 2025.
Mips constantly strives to limit its negative climate impact. The dominant part of Mips´greenhouse gas emissions is related to raw materials and energy consumption in the manufacturing of Mips´products in the supply chain. Mips focuses its climate efforts on these areas and has set a target to reduce greenhouse gas emissions by 90% per sold product from 2021 to the end of 2030. In 2025 Mips reached 49 percent reduction per sold product compared to 2021.
Scope 1: 0 ton CO2e
Mips had no direct greenhouse gas emissions from own operations in 2025.
Scope 2: 60 ton CO2e
Pertains to electricity consumption and heating of Mips' own operations (location-based).
Scope 3: 4,881 ton CO2e
Indirect emissions that occur in Mips' value chain, see distribution below.
Mips actively collaborates with its partners in the value chain to jointly achieve continuous improvements in the areas of resource use and circular economy. Together with its suppliers, Mips is working to increase the proportion of recycled materials and reduce waste. Mips long-term target in this area is to achieve 90 percent recycled material in sold solutions by 2030. In 2025 Mips reached 34 percent recycled material.
Part of Mips´vision is to use Mips´technology so that helmets in all categories protect users better than current test standards promote.
Mips is a pioneer in this important field, so it is vital that the company can attract and retain employees with the right skills and passion to always make safer and better solutions. Even though Mips is the world leader in its field, Mips´people are modest and curious, with a desire to learn more. Mips’ employees constantly challenges themselves and the company encouranges all employees to bring the best of themselves to work every day.
Mips does not conduct any of its own production and instead uses external suppliers for product manufacturing. Mips has committed to adhere to the UN Global Compact and its ten principles on human rights, labor, the environment and anti-corruption. These ten principles are incorporated in Mips´Code of Conduct for Suppliers. To ensure that Mips´suppliers adhere to Mips´Code of Conduct, Mips audits manufacturing suppliers at least every other year. How well each supplier meets the requirements within these areas is summarized in an audit score. Based on this, an average score is calculated for all manufactuting suppliers. The maximum score is 100, and the average score in 2025 was 94.
Sustainable societal development is extremely important for us, we believe that our technology and products lead to a more sustainable society since they are designed to improve helmet protection for both recreational and professional use. Improved helmet protection leads to increased safety and security while reducing risk for both short-term and long-term sick leave, as well as permanent injury.
Mips´business activities are characterized by responsibility and a long-term perspective. Stakeholders must be able to trust that Mips fulfills its promises throughout the entire business process. This is how Mips builds trust with customers, employees, suppliers, and other important partners. Mips´risk analysis forms the basis of the priorities and key areas the company has focused on to ensure business is conducted responsibly.