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.
-9 vs industry average
Magellan Midstream Partners’s score of 5 is lower than 22% 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
In 2022, Magellan Midstream Partners, headquartered in the US, reported total emissions of approximately 612,452,000 kg CO2e. This figure includes 209,000,000 kg CO2e from Scope 1 emissions, primarily from stationary combustion, and 403,000,000 kg CO2e from Scope 2 emissions. Notably, the company has not disclosed any Scope 3 emissions data. While specific reduction targets or initiatives were not provided, it is important to note that Magellan Midstream Partners operates as a current subsidiary of Magellan Midstream Partners, L.P., which may influence its climate commitments and reporting practices. The absence of documented reduction targets suggests that the company may still be in the process of establishing formal climate strategies. Overall, Magellan Midstream Partners is positioned within an industry increasingly focused on reducing carbon emissions, yet it currently lacks specific commitments or targets to guide its climate action efforts.
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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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