Magellan Midstream Partners
Magellan Midstream Partners, L.P., commonly referred to as Magellan, is a leading player in the energy sector, headquartered in the United States. Founded in 2000, the company has established a strong presence in the transportation and storage of refined petroleum products and crude oil, primarily operating in the Midwest and South regions of the country. Magellan's extensive network of pipelines and storage facilities sets it apart, offering reliable and efficient services that cater to a diverse clientele. The company is renowned for its commitment to safety and environmental stewardship, which has earned it a solid reputation in the industry. With a focus on innovation and operational excellence, Magellan Midstream Partners continues to solidify its market position, achieving notable milestones and contributing significantly to the energy landscape.
DitchCarbon Score
How does Magellan Midstream Partners'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 Electricity Distribution 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 Midstream Partners's score of 7 is higher than 65% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Magellan Midstream Partners's reported carbon emissions
In 2022, Magellan Midstream Partners reported total carbon emissions of approximately 612,452,000 kg CO2e. This figure includes about 209,000,000 kg CO2e from Scope 1 emissions, primarily from mobile combustion, and approximately 403,000,000 kg CO2e from Scope 2 emissions. The company's emissions have shown a notable increase from 2021, when total emissions were about 538,510,000 kg CO2e, with Scope 1 and Scope 2 emissions of approximately 190,000,000 kg CO2e and 349,000,000 kg CO2e, respectively. Magellan has not disclosed any Scope 3 emissions data, nor have they set specific reduction targets or initiatives as part of their climate commitments. The absence of documented reduction targets suggests that while the company is aware of its emissions, it may not yet have formalised a comprehensive strategy for reducing its carbon footprint. Overall, Magellan Midstream Partners operates within the mineral fuels and oils sector, where emissions intensity is a critical concern. The company continues to monitor its emissions and may develop future commitments to align with industry standards for sustainability and climate action.
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| 2018 | 2019 | 2020 | 2021 | 2022 | |
|---|---|---|---|---|---|
| Scope 1 | 190,000,000 | 000,000,000 | 000,000,000 | 000,000,000,000,000 | 000,000,000,000,000 |
| Scope 2 | 349,000,000 | 000,000,000 | 000,000,000 | 000,000,000,000,000 | 000,000,000,000,000 |
| 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.
Magellan Midstream Partners 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.
