Magnolia Ventures, LLC, headquartered in the United States, is a prominent player in the technology and investment sectors. Founded in 2015, the company has rapidly established itself as a leader in venture capital, focusing on innovative startups across various industries, including fintech, health tech, and sustainable solutions. With a commitment to fostering growth and innovation, Magnolia Ventures offers a unique blend of strategic investment and operational support, helping entrepreneurs navigate the complexities of scaling their businesses. The firm’s hands-on approach and extensive network distinguish it in a competitive market, enabling portfolio companies to thrive. Recognised for its impactful investments and strategic partnerships, Magnolia Ventures continues to expand its influence, driving advancements in technology and entrepreneurship. As it looks to the future, the company remains dedicated to empowering the next generation of innovators.
How does Magnolia Ventures, LLC'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.
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.
Magnolia Ventures, LLC's score of 37 is higher than 63% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Magnolia Ventures, LLC, headquartered in the US, currently does not report specific carbon emissions data, as indicated by the absence of figures in the latest emissions data. The company is a current subsidiary of Fruit of the Loom, Inc., which may influence its climate commitments and reporting practices. While Magnolia Ventures has not established its own reduction targets or climate pledges, it is linked to broader initiatives through its parent company. Notably, emissions data and sustainability targets may be cascaded from Fruit of the Loom, Inc., which operates under the umbrella of Berkshire Hathaway Inc. at a higher corporate level. This cascading relationship suggests that Magnolia Ventures may align with the sustainability goals set by its parent organisations, although specific targets or achievements are not detailed. As of now, Magnolia Ventures has not publicly committed to any specific climate initiatives or reduction targets, reflecting a potential area for future development in their environmental strategy.
Access structured emissions data, company-specific emission factors, and source documents
| 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|---|
| Scope 1 | 58,713,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
| Scope 2 | 103,809,000 | 000,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
| Scope 3 | 1,547,580,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 |
Magnolia Ventures, LLC's Scope 3 emissions, which decreased by 27% last year and decreased by approximately 16% since 2018, demonstrating supply chain emissions tracking. Nearly all of their carbon footprint comes from suppliers and value chain emissions, representing nearly all emissions under the GHG Protocol, with "Purchased Goods and Services" being the largest emissions source at 89% of Scope 3 emissions.
Climate goals typically focus on 2030 interim targets and 2050 net-zero commitments, aligned with global frameworks like the Paris Agreement and Science Based Targets initiative (SBTi) to ensure alignment with global climate goals.
Magnolia Ventures, LLC has established climate goals through participation in recognized frameworks and target-setting initiatives. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
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