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Chemicals
GB
updated 7 months ago

Magnesium Elektron Limited

Company website

Magnesium Elektron Limited, a leading name in the magnesium industry, is headquartered in Great Britain and operates extensively across Europe and North America. Founded in the early 20th century, the company has established itself as a pioneer in the production of high-performance magnesium alloys, catering primarily to the aerospace, automotive, and electronics sectors. With a commitment to innovation, Magnesium Elektron offers a range of unique products, including lightweight alloys that enhance performance and reduce emissions. The company is recognised for its advanced manufacturing processes and stringent quality standards, positioning it as a trusted supplier in the global market. Notable achievements include significant contributions to aerospace applications, underscoring its role as a key player in the magnesium sector.

DitchCarbon Score

How does Magnesium Elektron Limited'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.

35

Industry Average

Mean score of companies in the Chemicals 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

Magnesium Elektron Limited's score of 35 is higher than 63% of the industry. This can give you a sense of how well the company is doing compared to its peers.

63%

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Magnesium Elektron Limited's reported carbon emissions

Inherited from Luxfer Holdings PLC

Magnesium Elektron Limited, headquartered in Great Britain, currently does not report specific carbon emissions data, as indicated by the absence of emissions figures in kg CO2e. The company is a current subsidiary of Luxfer Holdings PLC, which may influence its climate commitments and reporting practices. As part of its corporate family, Magnesium Elektron Limited's climate initiatives and reduction targets are likely aligned with those of Luxfer Holdings PLC. However, no specific reduction targets or climate pledges have been documented for Magnesium Elektron Limited itself. The lack of reported emissions data suggests that the company may still be in the process of establishing its own climate strategy or may rely on the overarching commitments of its parent company. In the context of industry standards, Magnesium Elektron Limited's approach to carbon emissions and climate commitments will be crucial as the sector increasingly focuses on sustainability and reducing environmental impact. The absence of specific data highlights an opportunity for the company to enhance its transparency and commitment to climate action in the future.

Unlock detailed emissions data

Access structured emissions data, company-specific emission factors, and source documents

20162017201920202021202220232024
Scope 1
62,707,000
000,000,000
00,000,000
00,000,000
00,000,000
00,000,000
00,000,000
00,000,000
Scope 2
43,011,000
00,000,000
00,000,000
00,000,000
00,000,000
00,000,000
00,000,000
00,000,000
Scope 3
-
-
-
-
-
-
-
-

Industry emissions intensity

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. Magnesium Elektron Limited's primary industry is Chemicals nec, which is high in terms of carbon intensity compared to other industries.

Location emissions intensity

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 Magnesium Elektron Limited is in GB, which has a low grid carbon intensity relative to other regions.

Reduction initiatives & disclosure networks

Companies disclose and commit to reducing emissions to show they are serious about reducing emissions impact over time. They can also help a company track its progress over time.

Magnesium Elektron Limited is not participating in any of the initiatives that we track. This may change over time as the company engages with new initiatives or updates its commitments. DitchCarbon will update this information as it becomes available.

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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