Magnetek Inc. Sustainability Profile
Magnetek Inc., a leading provider of digital power and motion control solutions, is headquartered in the United States. Founded in 1984, the company has established a strong presence in key operational regions, including North America and Europe. Specialising in the material handling and elevator industries, Magnetek offers innovative products such as variable frequency drives, radio remote controls, and power systems that enhance efficiency and safety. Recognised for its commitment to quality and technological advancement, Magnetek has achieved significant milestones, including numerous industry certifications. The company’s unique approach to integrating advanced digital technologies sets it apart in a competitive market, solidifying its position as a trusted partner for businesses seeking reliable and efficient power solutions.
DitchCarbon Score
How does Magnetek 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 Electricity Transmission 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
Magnetek Inc.'s score of 41 is higher than 60% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Magnetek Inc., headquartered in the US, currently does not have specific carbon emissions data available for the most recent year. The company is a current subsidiary of Columbus McKinnon Corporation, which may influence its climate commitments and emissions reporting. As of now, Magnetek Inc. has not established any documented reduction targets or initiatives related to carbon emissions. The absence of specific emissions data and reduction commitments suggests that the company may be in the early stages of developing a comprehensive climate strategy. Given its affiliation with Columbus McKinnon Corporation, any potential climate initiatives or emissions data may be inherited from this parent company. However, no specific details regarding emissions or climate pledges from Columbus McKinnon Corporation have been provided in this context. In summary, while Magnetek Inc. is part of a larger corporate family that may have climate commitments, it currently lacks publicly available emissions data and defined reduction targets.
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| 2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|
| Scope 1 | 9,362,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 |
| Scope 2 | 14,842,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
| Scope 3 | - | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | - |
How Carbon Intensive is Magnetek Inc.'s Industry?
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Magnetek 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.
Magnetek 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.
