Magellan Midstream Partners
Magellan Midstream Partners, L.P., commonly referred to as Magellan, is a prominent player in the distribution and trade services of electricity, headquartered in the United States. Founded in 2000, the company has established itself as a leader in the energy sector, particularly in the transportation and storage of refined petroleum products and renewable fuels.
With major operational regions across the central and western United States, Magellan offers a unique portfolio of services, including pipeline transportation and terminal services. The company is recognised for its extensive network of pipelines and storage facilities, which enhance its market position and operational efficiency. Notable achievements include consistent financial performance and a commitment to safety and environmental stewardship, solidifying Magellan's reputation as a trusted partner in the energy industry.
-10 vs industry average
Magellan Midstream Partners’s score of 5 is lower than 25% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Industry Intensity
Electricity Distribution is among the most carbon-intensive industries
Industry performance
The Electricity Distribution industry has reduced its overall emissions by 31% since 2019
Emissions trajectory 2020 – 2025
Reported emissions
Scope 3 accounts for ••• of total emissions.
Magellan Midstream Partners's reported carbon emissions
Magellan Midstream Partners, a US-based company in the distribution and trade services of electricity sector, reported approximately 612,452,000 kg CO2e for Scope 1 and 2 emissions in 2022. This comprised about 209,000,000 kg CO2e of Scope 1 emissions and approximately 403,000,000 kg CO2e of Scope 2 emissions. In 2021, the company reported Scope 1 and 2 emissions totalling approximately 539,000,000 kg CO2e, with Scope 1 emissions around 190,000,000 kg CO2e and Scope 2 emissions at approximately 349,000,000 kg CO2e. Historical data indicates that in 2019, Magellan Midstream Partners reported approximately 70,000,000 metric tons of CO2e. In 2018, the company reported approximately 78,000,000 metric tons of CO2e. For 2017, the reporting included methane emissions of about 641,000 metric tons of CO2e. Magellan Midstream Partners is identified as a current subsidiary, with its emissions data inheriting from Magellan Midstream Partners, L.P. The company has not disclosed specific reduction targets or commitments through SBTi or the Climate Pledge based on the provided information. Further details on Scope 3 emissions are not available.
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Magellan Midstream Partners’s Climate Goals (2030 & 2050)
No climate goals have been disclosed for Magellan Midstream Partners yet.
Scope 3 top emissions categories
No scope 3 category breakdown has been disclosed yet.
Climate initiatives
Science Based Targets Initiative
Carbon Disclosure Project
The Climate Pledge
UN Global Compact Climate Champions initiative
RE 100
Climate Action 100
Emissions comparison with industry peers
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Magellan Midstream Partners
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