MAGNA Sustainability Profile
MAGNA Global, often referred to simply as MAGNA, is a leading media investment and intelligence company headquartered in the United States. Established in 1935, MAGNA has evolved to become a pivotal player in the advertising industry, specialising in media strategy, planning, and buying across various platforms. With a strong presence in major operational regions including North America, Europe, and Asia-Pacific, the company leverages data-driven insights to optimise advertising effectiveness. MAGNA's core offerings encompass advanced analytics, audience measurement, and programmatic solutions, setting it apart through its commitment to innovation and precision. Recognised for its strategic partnerships and thought leadership, MAGNA consistently ranks among the top media agencies globally, reflecting its significant market position and notable achievements in driving client success.
DitchCarbon Score
How does MAGNA's carbon action stack up? DitchCarbon scores companies based on their carbon action and commitment to reducing emissions. Read about our methodology to learn more.
Industry Average
Mean score of companies in the Furniture Manufacturing industry. Comparing a company's score to the industry average can give you a sense of how well the company is doing compared to its peers.
Industry Benchmark
MAGNA's score of 22 is lower than 59% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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MAGNA's reported carbon emissions
In 2022, MAGNA reported total carbon emissions of approximately 33,076,000 kg CO2e. This figure includes Scope 1 emissions of about 1,058,000 kg CO2e, Scope 2 emissions of approximately 50,000 kg CO2e, and a significant contribution from Scope 3 emissions, which totalled around 31,999,968 kg CO2e. MAGNA has not disclosed any specific reduction targets or initiatives as part of its climate commitments. The absence of such targets suggests a need for further development in their sustainability strategy. The emissions data is not cascaded from any parent organisation, indicating that MAGNA's reporting is independent. Overall, while MAGNA's emissions data provides a snapshot of their carbon footprint, the lack of reduction commitments highlights an area for potential improvement in their environmental strategy.
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| 2022 | |
|---|---|
| Scope 1 | 1,058,000 |
| Scope 2 | 50,000 |
| Scope 3 | 31,999,968 |
How Carbon Intensive is MAGNA's Industry?
How Carbon Intensive is MAGNA's Location?
MAGNA's Climate Goals (2030 & 2050)
Climate goals typically focus on 2030 interim targets and 2050 net-zero commitments, aligned with global frameworks like the Paris Agreement and Science Based Targets initiative (SBTi) to ensure alignment with global climate goals.
MAGNA has not publicly committed to specific 2030 or 2050 climate goals through the major frameworks we track. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
