Magellan Financial Group Limited

Magellan Financial Group Limited, headquartered in Australia and operating within the financial intermediation services sector (excluding insurance and pension funding), reported a total of approximately 102,000 kg CO2e in 2025. This figure primarily comprises Scope 2 emissions, with no Scope 1 or Scope 3 data disclosed for that year.

In 2024, the company's total emissions were approximately 114,000 kg CO2e, also solely attributed to Scope 2. Prior to this, in 2022, Magellan reported approximately 113,000 kg CO2e, with the entirety being Scope 1 emissions, and no Scope 2 or Scope 3 data.

For the years 2021 and 2020, total emissions were approximately 122,000 kg CO2e and 139,000 kg CO2e, respectively, both reported as Scope 1 emissions. In 2019, total emissions were approximately 135,000 kg CO2e, consisting of Scope 1 emissions.

Magellan Financial Group Limited has not disclosed any specific reduction targets or commitments, such as those from the Science Based Targets initiative (SBTi) or the Climate Pledge, in the provided information. The company's emissions reporting consistently indicates a lack of disclosure for Scope 3 emissions, specifically for purchased goods and services, across all reported years. Intensity metrics, such as GHG emissions per employee and per unit of revenue, have been provided for some years. For instance, in 2022, total GHG emissions per employee were approximately 500 kg CO2e, and Scope 1 & 2 emissions intensity was about 0.0002 kg CO2e per Australian dollar of revenue.