Martinrea
Martinrea International Inc., commonly known as Martinrea, is a leading global automotive supplier headquartered in Canada. Established in 2001, the company has rapidly expanded its operations across North America, Europe, and Asia, solidifying its presence in the automotive industry. Specialising in the design and manufacturing of innovative metal parts, assemblies, and modules, Martinrea is renowned for its advanced engineering capabilities and commitment to quality. The company’s core products include lightweight structures, fluid management systems, and advanced manufacturing technologies, which are pivotal in enhancing vehicle performance and sustainability. With a strong market position, Martinrea has achieved significant milestones, including numerous awards for excellence in manufacturing and innovation. Its dedication to continuous improvement and customer satisfaction has made it a trusted partner for leading automotive manufacturers worldwide.
DitchCarbon Score
How does Martinrea's carbon action stack up? DitchCarbon scores companies based on their carbon action and commitment to reducing emissions. Read about our methodology to learn more.
Industry Average
Mean score of companies in the Business Services industry. Comparing a company's score to the industry average can give you a sense of how well the company is doing compared to its peers.
Industry Benchmark
Martinrea's score of 32 is higher than 88% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Martinrea's reported carbon emissions
In 2023, Martinrea reported total carbon emissions of approximately 270,958,000 kg CO2e, comprising 74,936,000 kg CO2e from Scope 1 and 196,022,000 kg CO2e from Scope 2. This represents a slight decrease in total emissions compared to 2022, where emissions were about 272,199,000 kg CO2e. The company has demonstrated a commitment to reducing its carbon footprint, as evidenced by the reduction in Scope 1 emissions from 78,507,000 kg CO2e in 2022 to 74,936,000 kg CO2e in 2023, and a marginal increase in Scope 2 emissions from 193,692,000 kg CO2e to 196,022,000 kg CO2e. Despite these reductions, Martinrea has not disclosed specific reduction targets or initiatives under the Science Based Targets initiative (SBTi) or other climate pledges. The company continues to focus on improving its carbon intensity, which was reported at 0.067 kg CO2e per CAD 1,000 in 2023, compared to 0.077 kg CO2e per CAD 1,000 in 2022. Overall, while Martinrea has made progress in reducing its emissions, further transparency regarding its long-term climate commitments and reduction strategies would enhance its sustainability profile.
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| 2022 | 2023 | |
|---|---|---|
| Scope 1 | 78,507,000 | 00,000,000 |
| Scope 2 | 193,692,000 | 000,000,000 |
| Scope 3 | - | - |
Industry emissions intensity
Location emissions intensity
Reduction initiatives & disclosure networks
Companies disclose and commit to reducing emissions to show they are serious about reducing emissions impact over time. They can also help a company track its progress over time.
Martinrea is not participating in any of the initiatives that we track. This may change over time as the company engages with new initiatives or updates its commitments. DitchCarbon will update this information as it becomes available.
