Magnit
Magnit, formerly known as Workforce Logiq, is a leading provider of workforce management solutions headquartered in the United States. Established in 2014, the company has rapidly evolved to become a key player in the human capital management industry, with a strong presence across North America and Europe. Specialising in contingent workforce solutions, Magnit offers a unique blend of technology and services designed to optimise talent acquisition and management. Their innovative platform integrates advanced analytics and AI-driven insights, setting them apart in a competitive market. Recognised for their commitment to quality and efficiency, Magnit has achieved significant milestones, including numerous industry awards and a growing client base that spans various sectors. With a focus on delivering tailored solutions, Magnit continues to solidify its position as a trusted partner for organisations seeking to enhance their workforce strategies.
DitchCarbon Score
How does Magnit'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
Magnit's score of 25 is higher than 93% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Magnit's reported carbon emissions
In 2023, Magnit reported total carbon emissions of approximately 4,570,200 kg CO2e, with significant contributions from Scope 3 emissions, which accounted for about 3,852,000 kg CO2e. Notably, the company’s Scope 1 emissions were approximately 27,421 kg CO2e, primarily from mobile combustion. This represents a decrease from 2022, where Scope 3 emissions were about 4,441,000 kg CO2e. Looking ahead, Magnit has committed to achieving net-zero emissions across all scopes by 2050, as part of its long-term climate strategy. The company is actively working towards this goal, having established a near-term target status of "Committed" under the Science Based Targets initiative (SBTi). This commitment reflects Magnit's dedication to reducing its carbon footprint and addressing climate change effectively. In 2024, Magnit aims to further reduce its Scope 3 emissions to approximately 3,264,000 kg CO2e, demonstrating a proactive approach to sustainability and environmental responsibility.
Unlock detailed emissions data
Access structured emissions data, company-specific emission factors, and source documents
Add to project| 2022 | 2023 | 2024 | |
|---|---|---|---|
| Scope 1 | - | 00,000.0 | - |
| Scope 2 | - | - | - |
| Scope 3 | 4,441,000 | 0,000,000 | 0,000,000 |
Industry emissions intensity
Location emissions intensity
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.
Magnit is committed to some reduction initiatives 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.
