We are world leaders in our field, and also aim to be leaders in our industry when it comes to sustainability, in order to identify risks and opportunities, live up to the expectations of others, and lead the way for others. That is how we ensure that we will continue to grow profitably.

Download the full sustainability report as PDF

Three focus areas

The stakeholder dialogues, materiality analysis, and improved insight into our total climate impact have led us to structure our sustainability efforts around three focus areas. The difference compared to the structure and follow-up of previous years’ sustainability work is that we have integrated the earlier focus area “our impact on the environment” into the other three focus areas as environmental aspects permeate all three other areas.

Our employees

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Our product

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Influence and Collaboration

Our aim is to influence the entire helmet industry.

We are a small company that provides helmet manufacturers with one ingredient in their helmets, but we are world leaders in our field. Just as our product can make a decisive difference in a helmet, we believe that our company can make a difference in influencing the entire helmet industry to become more sustainable.

To develop sustainable materials we and our partners need to contribute to and inspire, each other. Together with suppliers and partners, Mips works to limit climate and environmental impact as much as possible, apply the same values throughout Mips’ value chain, embrace social responsibility for all employees, and respect human rights in every regard.

Climate challenge – greater insight and transparency

We understand the climate challenge and support the ambitions of the Paris Agreement. To better understand how to reduce our climate impact, Mips first needs complete insight into what that impact is, which will guide our work going forward.

In 2021 we worked with a third party to analyze the total climate impact of our value chain to identify those aspects of sustainability where Mips can make the most remarkable difference. As a result, we know that we can have the most significant impact in matters related to Mips’ product and material usage.

In 2022 our goal is to refine this analysis and set ambitions, targets, and plans for continuously working to reduce our total climate impact and communicate this going forward. Our aim is to be able to adopt climate targets in line with the Science-based targets.

Mips’ approach to sustainability and sustainability strategy

Our sustainability strategy has its basis in the corporate strategy while also building on Mips’ core values.

We are world leaders in our field and also aim to be industry leaders when it comes to sustainability enabling us to identify risks and opportunities, live up to the expectations of others, and lead the way for others.

We see sustainability as a critical business driver for both us and many of our external stakeholders. Managing a business in a sustainable way strengthens Mips’ ability to continue to grow while delivering strong financial and operational results.

We also believe that an environmentally responsible strategy will help us maintain an advantageous position in the marketplace and that employees and consumers are increasingly interested in doing business with responsible companies. We also expect our business partners to act in a sustainable and environmentally responsible way.

A commitment where we will be audited against the Paris agreement with the ambition to not increase global warming by more than 1,5 degrees. SBTi is an external party that follows up to make sure that we stay on course and decrease our emissions and carbon footprint in line with our targets. Since we are a small company, we will be audited in Scopes 1 and 2.

Committing to UN Global Compact’s 10 principles entails taking responsibility for human rights, labor, anti-corruption, and responsibilities for the environment. All of this is and will be further, implemented in our daily operations including in our Code of Conduct, for both our employees and for our suppliers.

We have started offering products produced from more sustainable materials, where we use industrial scrap material. Besides that, we only use recycled packaging material and our products are more than 90% recyclable.

Commitments and engagements

Mips is a signatory to the UN Global Compact and continually enhances efforts to protect and respect the UN Global Compact’s 10 principles, and promote its spirit within the areas of human rights, labor standards, the environment, and anti-corruption.

Mips also wants to contribute to achieving the 17 UN Sustainable Development Goals and has chosen to align Mips’ sustainability targets with the most relevant UN Sustainable Development Goals.

We are also committed to the Paris Agenda, and our targets for GHG emissions have been approved by the Science Based Targets initiative (“SBTi”). Mips is pursuing efforts to limit global warming to 1.5°C and our targets for GHG emissions are well in line with SBTi’s objective of keeping global warming well below 2°C.

In addition, Mips also supports the International Bill of Human Rights, OECD Guidelines for Multinational Enterprises, and the UN Guiding Principles on Business and Human Rights. For more information about these, please visit:

More information about Mips’ sustainability work can be found in our Sustainability Report for 2021.

Sustainability highlights of 2021

Mips continues to integrate social and environmental aspects into its business strategy and operations.

Sustainability at Mips

In 2021, Mips and our stakeholders continued our ambitious journey towards a more sustainable future with a clear goal, governance model, and motivated organization.

Mips wants to contribute to achieving the 17 global sustainability goals. To ensure that Mips’ KPIs are relevant in this regard we have chosen to align Mips’ sustainability targets with the UNs sustainability goals.

Our product

Deliver more products and greater helmet safety

Our employees

Our supply chain

Code of conduct

The Code of Conduct has been adopted to emphasize the values and principles that govern our relationship with each other, our stakeholders and the surrounding world.

Read more about our code of conduct