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Magna, officially known as Magna Furniture, is a prominent player in the furniture manufacturing sector, with its headquarters based in California. Established in [year], the company has grown to become a recognised name in the industry, specialising in a diverse range of furniture and other manufactured goods. Its operations span across key regions, serving both domestic and international markets.
Focusing on innovative design and quality craftsmanship, Magna’s core products include custom furniture solutions and specialised manufactured items that stand out for their durability and aesthetic appeal. The company’s commitment to excellence has earned it a notable market position, making Magna a trusted name in the furniture and manufacturing industry.
90
DitchCarbon score
+67 vs industry average
Magna’s score of 90 is higher than 94% 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
Furniture Manufacturing has above-average carbon intensity
Industry performance
0.369
20182025
The Furniture Manufacturing industry has reduced its overall emissions by 31% since 2018
Emissions trajectory 2020 – 2028
202020212022202320242025202620272028
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.
Magna's reported carbon emissions
Magna's latest reported emissions for 2024 include Scope 1 emissions of approximately 419 million kg CO2e, Scope 2 market-based emissions of approximately 1.16 billion kg CO2e, and Scope 3 emissions of approximately 55.97 billion kg CO2e. This results in a total of approximately 57.57 billion kg CO2e across all scopes for 2024. For 2023, the company reported Scope 1 emissions of approximately 425 million kg CO2e, Scope 2 market-based emissions of approximately 1.15 billion kg CO2e, and Scope 3 emissions of approximately 57.84 billion kg CO2e.
Magna has set ambitious climate commitments. The company is committed to achieving carbon neutrality for its Scope 1 and Scope 2 emissions in its European operations by 2025 and globally by 2030. Furthermore, Magna International Inc. has committed to Science Based Targets initiative (SBTi) approved targets, aiming for a 42% absolute reduction in Scope 1 and 2 greenhouse gas emissions by 2030 from a 2021 base year. Additionally, they aim to reduce absolute Scope 3 GHG emissions by 25% by 2030 from a 2021 base year. Long-term, Magna is committed to achieving net-zero greenhouse gas emissions across its entire value chain by 2050, which includes a 90% reduction in Scope 1, 2, and 3 GHG emissions from a 2021 base year.
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Magna’s Climate Goals (2030 & 2050)
7 goals2050
Magna International Inc
Magna International Inc. commits to reach net-zero greenhouse gas emissions across the value chain by 2050.
On track0%
2050
90% reduction in Scope 2
Magna International Inc. commits to reduce absolute scope 2 GHG emissions 90% by 2050 from a 2021 base year.
At risk90%
2030
42% reduction in Scope 2
Magna International Inc. commits to reduce absolute scope 2 GHG emissions 42% by 2030 from a 2021 base year.
At risk42%
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Showing SBTi-validated targets only. Sign up or sign in to see all disclosed climate targets.
Scope 3 top emissions categories
12 of 15 categories disclosedSee all scope 3 categories
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Climate initiatives
Science Based Targets Initiative
2030 targetSee details
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
2025 targetSee details
Active
Climate Action 100
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Not active
Emissions comparison with industry peers
View similar organisationsCompanyCountryIndustryLast updatedScoreDetails
Magna21 days ago
90
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Frequently asked questions
Common questions about Magna’s sustainability data and climate commitments
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