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Magellan Midstream Partners
Electricity DistributionUnited StatesNYSE: MMP
Last verified 4 days agomagellanlp.com
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.
6
DitchCarbon score
-11 vs industry average
Magellan Midstream Partners’s score of 6 is lower than 30% 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
Very High
Electricity Distribution is among the most carbon-intensive industries
Industry performance
3.837
20182025
The Electricity Distribution industry has reduced its overall emissions by 19% since 2018
Emissions trajectory 2020 – 2025
Reported emissions
Scope 1
•••kg CO₂e
Scope 2
•••kg CO₂e
Scope 3
•••kg CO₂e
Total reported
•••kg CO₂e
Scope 3 accounts for ••• of total emissions.
Magellan Midstream Partners's reported carbon emissions
Magellan Midstream Partners, a US-based company operating in the distribution and trade services of electricity sector, reported its carbon emissions for 2022. The company disclosed Scope 1 emissions of 209,000,000 kg CO2e and Scope 2 emissions of 403,000,000 kg CO2e for that year. In 2021, Magellan Midstream Partners reported Scope 1 emissions of 190,000,000 kg CO2e and Scope 2 emissions of 349,000,000 kg CO2e. The emissions data for Magellan Midstream Partners is directly reported by the company, as indicated by the cascading information from Magellan Midstream Partners, L.P. The company has not publicly disclosed specific climate reduction targets or commitments.
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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
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Not active
Carbon Disclosure Project
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Active
The Climate Pledge
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Not active
UN Global Compact Climate Champions initiative
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Not active
RE 100
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Climate Action 100
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Emissions comparison with industry peers
View similar organisationsCompanyCountryIndustryLast updatedScoreDetails
Magellan Midstream Partners4 days ago
6
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