Magnax BV Sustainability Profile
Magnax BV, headquartered in Belgium, is a pioneering force in the electric motor industry, specialising in the development of innovative axial flux motors. Founded in 2015, the company has rapidly established itself as a leader in the field, focusing on high-performance solutions for electric vehicles and industrial applications. With a commitment to sustainability and efficiency, Magnax's unique motor technology offers significant advantages in power density and compact design, setting it apart from traditional motor designs. The company has achieved notable milestones, including strategic partnerships and successful product launches, solidifying its position in the competitive landscape of electric mobility. As a forward-thinking entity, Magnax BV continues to drive advancements in electric propulsion, contributing to a greener future.
DitchCarbon Score
How does Magnax BV'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 Electrical Machinery 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
Magnax BV's score of 26 is lower than 57% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Magnax BV's reported carbon emissions
Magnax BV, headquartered in Belgium, currently does not report any carbon emissions data, as indicated by the absence of specific figures in kg CO2e. Additionally, there are no documented reduction targets or climate pledges associated with the company. This lack of data suggests that Magnax BV may still be in the early stages of establishing its climate commitments or may not have publicly disclosed its emissions profile. In the context of industry standards, it is essential for companies to set measurable targets for carbon reduction, particularly in light of increasing regulatory pressures and stakeholder expectations regarding sustainability. Without specific emissions data or reduction initiatives, Magnax BV's climate strategy remains unclear. As the company progresses, it may consider aligning with frameworks such as the Science Based Targets initiative (SBTi) to establish credible and ambitious climate commitments.
How Carbon Intensive is Magnax BV's Industry?
How Carbon Intensive is Magnax BV's Location?
Magnax BV'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.
Magnax BV 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.
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