Annual Impact Report 2026 (FY2025)_Gif

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Climate and carbon overview Business travel (off site) - Scope 3

Scope 3 - Business Travel (Off Site)

This dataset currently reflects business travel activity including air, rail, car and hotel bookings made through MPM Products Ltd’s UK travel partner. Business travel currently represents MPM’s most established Scope 3 reporting category, with future reporting expected to expand as emissions data maturity develops. During FY25, MPM and its travel partner refined the reporting methodology, resulting in an updated FY24 emissions position and improved reporting accuracy. FY25 business travel emissions reduced compared to the revised FY24 baseline, primarily due to lower Asia-Pacific travel activity.

500,000

400,000

300,000

200,000

100,000

2022

2023

2024

2025

GHG Emissions

411,876

383,043

280,996

365,538

Carbon credits and offsetting

Verified carbon credit programmes continue to support residual business travel emissions while MPM develops broader long-term carbon reporting and reduction capabilities. Offset volumes for FY24 and FY25 appear higher following reporting methodology refinements completed during FY25, as offsets had already been purchased against the original emissions calculations.

Offset Emissions

396,000

383,040

365,540

568,628

40

MPM Annual Impact Report FY25

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