Magellan Financial Group Limited Sustainability Profile
Magellan Financial Group Limited, commonly referred to as Magellan, is a prominent Australian investment management firm headquartered in Sydney, Australia. Founded in 2006, the company has established itself as a leader in the financial services industry, specialising in global equities and infrastructure investments. Magellan offers a range of unique investment products, including managed funds and investment trusts, designed to deliver superior long-term returns for its clients. The firm is renowned for its rigorous investment process and commitment to risk management, setting it apart in a competitive market. With a strong presence in both domestic and international markets, Magellan has achieved significant milestones, including substantial growth in assets under management. Its reputation for excellence has positioned it as a trusted partner for investors seeking innovative and effective investment solutions.
DitchCarbon Score
How does Magellan Financial Group Limited'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 Financial Intermediation 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
Magellan Financial Group Limited's score of 15 is lower than 91% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Let us know if this data was useful to you
Magellan Financial Group Limited's reported carbon emissions
In 2024, Magellan Financial Group Limited reported carbon emissions of approximately 114,000 kg CO2e, all of which fall under Scope 2 emissions. This marks an increase from 2022, when the company recorded about 60,000 kg CO2e in Scope 2 emissions, and from 2021, which saw emissions of around 113,000 kg CO2e. The company has not disclosed any Scope 1 or Scope 3 emissions data. Despite the fluctuations in emissions, Magellan has not set specific reduction targets or initiatives as part of its climate commitments. The absence of documented reduction targets suggests a need for further development in their climate strategy. The company does not appear to inherit emissions data from any parent organization, indicating that its reported figures are solely its own. Overall, while Magellan Financial Group Limited has made strides in tracking its carbon footprint, the lack of reduction commitments highlights an area for potential improvement in its environmental strategy.
Unlock detailed emissions data
Access structured emissions data, company-specific emission factors, and source documents
| 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2024 | |
|---|---|---|---|---|---|---|---|---|---|
| Scope 1 | 124,000 | - | - | - | 000,000 | - | - | - | - |
| Scope 2 | 300 | 000,000 | 000,000 | 000,000 | - | 000,000 | 000,000 | 00,000 | 000,000 |
| Scope 3 | - | - | - | - | - | - | - | - | - |
How Carbon Intensive is Magellan Financial Group Limited's Industry?
How Carbon Intensive is Magellan Financial Group Limited's Location?
Magellan Financial Group Limited's Climate Goals (2030 & 2050)
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.
Magellan Financial Group Limited has not publicly committed to specific 2030 or 2050 climate goals through the major frameworks we track. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
