Magnet Forensics Inc. Sustainability Profile
Magnet Forensics Inc., headquartered in Canada, is a leading provider of digital forensics software, specialising in the recovery and analysis of data from mobile devices, computers, and cloud services. Founded in 2011, the company has rapidly established itself as a key player in the digital investigation industry, serving law enforcement, government agencies, and corporate clients across North America and beyond. The company’s flagship products, including Magnet AXIOM and Magnet IEF, are renowned for their ability to streamline the forensic process, enabling investigators to uncover critical evidence efficiently. Magnet Forensics is distinguished by its commitment to innovation, regularly updating its software to address emerging digital threats and challenges. With a strong market position and a reputation for excellence, Magnet Forensics continues to empower professionals in the pursuit of justice and security.
DitchCarbon Score
How does Magnet Forensics 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.
Industry Average
Mean score of companies in the Computer Services 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
Magnet Forensics Inc.'s score of 23 is lower than 70% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Magnet Forensics Inc., headquartered in Canada, currently does not report any specific carbon emissions data, as indicated by the absence of emissions 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 associated with their operations. As a current subsidiary, Magnet Forensics Inc. may align with broader industry standards and practices regarding climate commitments, but specific initiatives or targets have not been disclosed. The lack of emissions data and reduction initiatives suggests that the company may still be in the early stages of developing a comprehensive climate strategy. In the context of the industry, many organisations are increasingly adopting science-based targets and sustainability initiatives to mitigate their environmental impact. However, without specific commitments or data, it is challenging to assess Magnet Forensics Inc.'s position in this regard.
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| 2022 | 2023 | 2024 | |
|---|---|---|---|
| Scope 1 | 17,152,000 | 00,000,000 | 00,000,000 |
| Scope 2 | 112,000 | 00,000 | 0,000 |
| Scope 3 | 377,625,000 | 000,000,000 | 000,000,000 |
How Carbon Intensive is Magnet Forensics Inc.'s Industry?
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Magnet Forensics Inc.'s Scope 3 Categories Breakdown
Magnet Forensics Inc.'s Scope 3 emissions, which increased by 26% last year and increased by approximately 24% since 2022, demonstrating supply chain emissions tracking. The vast majority of their carbon footprint comes from suppliers and value chain emissions, representing the vast majority of total emissions under the GHG Protocol, with "Purchased Goods and Services" being the largest emissions source at 48% of Scope 3 emissions.
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Magnet Forensics 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.
Magnet Forensics 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.
