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Magma Global Ltd., headquartered in Great Britain, is a pioneering company in the advanced materials sector, specialising in the development of innovative thermoplastic composite pipes. Founded in 2007, Magma has established itself as a leader in the oil and gas industry, particularly in subsea applications, with a focus on enhancing performance and reducing costs.
The company’s flagship product, the Magma Pipe, is renowned for its lightweight, corrosion-resistant properties, making it a game-changer for deepwater projects. With a commitment to sustainability and efficiency, Magma Global has achieved significant milestones, including successful deployments in challenging environments. As a key player in the global market, Magma continues to push the boundaries of technology, solidifying its reputation for excellence and innovation in composite solutions.
31
DitchCarbon score
+4 vs industry average
Magma Global Ltd.’s score of 31 is higher than 60% 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
High
Construction Work has above-average carbon intensity
Industry performance
0.390
20182025
The Construction Work industry has reduced its overall emissions by 39% since 2018
Reported emissions
No reported emissions data is available for Magma Global Ltd. yet.
Magma Global Ltd.'s reported carbon emissions
Magma Global Ltd., headquartered in Great Britain, currently does not have specific carbon emissions data available for recent years, as indicated by the absence of reported figures. The company is a current subsidiary of TechnipFMC plc, which may influence its climate commitments and emissions reporting.
As of now, there are no documented reduction targets or climate pledges from Magma Global Ltd. This lack of specific data suggests that the company may still be in the process of establishing its own emissions reduction strategies or aligning with broader corporate sustainability initiatives set by its parent organization.
Given the context of the industry, it is essential for companies like Magma Global Ltd. to develop robust climate commitments and transparent emissions reporting to meet increasing regulatory and stakeholder expectations regarding sustainability and carbon neutrality.
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Magma Global Ltd.’s Climate Goals (2030 & 2050)
No climate goals have been disclosed for Magma Global Ltd. yet.
Scope 3 top emissions categories
No scope 3 category breakdown has been disclosed yet.
Emissions comparison with industry peers
View similar organisationsNo peer comparison is available for Magma Global Ltd. yet.
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