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Public Profile
Metal Fabrication
US
updated 25 days ago

Magnequench International, Inc. Sustainability Profile

Company website

Magnequench International, Inc., commonly referred to as Magnequench, is a leading player in the advanced materials industry, headquartered in the United States. Founded in the early 1980s, the company has established itself as a pioneer in the development and production of high-performance magnetic materials, particularly in the field of neodymium-iron-boron (NdFeB) magnets. With major operational regions across North America and Asia, Magnequench offers a diverse range of products and services, including custom magnet solutions and magnetic assemblies. Their unique approach to manufacturing and innovation has positioned them as a trusted supplier in various sectors, including automotive, electronics, and renewable energy. Notable achievements include significant advancements in magnet technology, solidifying their market position as a key contributor to the global supply chain for high-performance magnets.

DitchCarbon Score

How does Magnequench International, Inc.'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.

18

Industry Average

Mean score of companies in the Metal Fabrication 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.

22

Industry Benchmark

Magnequench International, Inc.'s score of 18 is lower than 67% of the industry. This can give you a sense of how well the company is doing compared to its peers.

33%

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Magnequench International, Inc.'s reported carbon emissions

Magnequench International, Inc., headquartered in the US, currently does not have specific carbon emissions data available, as indicated by the absence of reported figures. The company is classified as a current subsidiary and does not inherit emissions data from a parent organisation. Consequently, there are no documented reduction targets or climate pledges at this time. Despite the lack of specific emissions data, it is important to note that Magnequench International, Inc. is part of an industry increasingly focused on sustainability and climate commitments. As a subsidiary, it may align with broader corporate sustainability initiatives, although specific details regarding such initiatives are not provided. In summary, while Magnequench International, Inc. has not disclosed emissions data or reduction targets, it operates within a context that prioritises climate action and may adopt relevant industry standards in the future.

How Carbon Intensive is Magnequench International, Inc.'s Industry?

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. Magnequench International, Inc.'s primary industry is Metal Fabrication, which is low in terms of carbon intensity compared to other industries.

How Carbon Intensive is Magnequench International, Inc.'s Location?

Very low
Low
Medium
High
Very high
The carbon intensity of the energy grid powering a company's primary operations has a strong influence on its overall carbon footprint. This request for Magnequench International, Inc. is in US, which has a low grid carbon intensity relative to other regions.

Magnequench International, Inc.'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.

Magnequench International, Inc. 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.

Science Based Targets Initiative
Carbon Disclosure Project
The Climate Pledge
UN Global Compact
RE 100
Climate Action 100
Race To Net Zero
Reduction Actions

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Where does DitchCarbon data come from?

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