Arnold Magnetics
Arnold Magnetics, a leading name in the magnetic solutions industry, is headquartered in China (CN) and operates extensively across North America and Europe. Founded in 1895, the company has established a strong reputation for its innovative approach to magnetic technology, particularly in the design and manufacture of high-performance permanent magnets and magnetic assemblies. Specialising in applications for various sectors, including automotive, aerospace, and industrial automation, Arnold Magnetics is renowned for its unique products, such as neodymium and samarium-cobalt magnets. These offerings are distinguished by their superior strength and reliability, catering to the evolving needs of modern engineering. With a commitment to quality and sustainability, Arnold Magnetics has achieved significant milestones, positioning itself as a trusted partner in the global market. The company continues to lead the way in magnetic solutions, driving advancements that enhance efficiency and performance across multiple industries.
DitchCarbon Score
How does Arnold Magnetics'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 Metal Fabrication 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
Arnold Magnetics's score of 14 is higher than 87% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Arnold Magnetics's reported carbon emissions
In 2023, Arnold Magnetics reported total carbon emissions of approximately 48,321,000 kg CO2e from Scope 1, 27,154,000 kg CO2e from Scope 2, and 483,000 kg CO2e from Scope 3 emissions, primarily from purchased goods and services. The company has not disclosed any specific reduction targets or initiatives under the Science Based Targets initiative (SBTi) or other climate pledges. This lack of formal commitments suggests that while Arnold Magnetics is aware of its carbon footprint, it may not yet have established a comprehensive strategy for significant emissions reductions. As the industry increasingly prioritises sustainability, Arnold Magnetics will need to consider setting measurable targets to align with global climate goals.
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Add to project| 2023 | |
|---|---|
| Scope 1 | 48,321,000 |
| Scope 2 | 27,154,000 |
| Scope 3 | 483,000 |
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.
Arnold Magnetics is committed to some reduction initiatives 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.
