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Public Profile
Business Services
US
updated 2 months ago

Magnite, Inc. Sustainability Profile

Company website

Magnite, Inc., a leading player in the advertising technology sector, is headquartered in the United States. Founded in 2020 through the merger of Rubicon Project and Telaria, Magnite has quickly established itself as a prominent force in the programmatic advertising landscape. The company operates primarily in North America and Europe, providing innovative solutions that empower publishers and advertisers to maximise their revenue. Magnite's core offerings include a comprehensive supply-side platform (SSP) and advanced video advertising solutions, distinguished by their robust analytics and user-friendly interface. With a commitment to transparency and efficiency, Magnite has garnered a strong market position, serving a diverse clientele and achieving significant milestones in the digital advertising space. As the industry evolves, Magnite continues to lead with cutting-edge technology and strategic partnerships, solidifying its reputation as a trusted partner in the advertising ecosystem.

DitchCarbon Score

How does Magnite, 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.

38

Industry Average

Mean score of companies in the Business 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.

29

Industry Benchmark

Magnite, Inc.'s score of 38 is higher than 62% of the industry. This can give you a sense of how well the company is doing compared to its peers.

62%

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Magnite, Inc.'s reported carbon emissions

Magnite, Inc., headquartered in the United States, has not publicly disclosed any carbon emissions data for the most recent year. However, the company has set ambitious climate commitments to address its greenhouse gas emissions. Magnite has established near-term targets to reduce absolute Scope 1 and Scope 2 greenhouse gas emissions by 42.5% by 2030, using 2022 as the base year. Additionally, the company aims to increase its active annual sourcing of renewable electricity from 66% in 2022 to 100% by 2030. Furthermore, it commits that 80% of its suppliers, based on emissions from purchased goods and services and capital goods, will have science-based targets by 2029. For long-term goals, Magnite is committed to achieving a 90% reduction in absolute Scope 1 and Scope 2 emissions by 2050, also from a 2022 base year. The company has set a similar target for Scope 3 emissions, aiming for a 90% reduction within the same timeframe. Magnite has also pledged to reach net-zero greenhouse gas emissions across its entire value chain by 2050. These targets are aligned with the Science Based Targets initiative (SBTi) and reflect a commitment to limiting global warming to 1.5°C.

How Carbon Intensive is Magnite, Inc.'s Industry?

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. Magnite, Inc.'s primary industry is Business Services, which is very low in terms of carbon intensity compared to other industries.

How Carbon Intensive is Magnite, 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 Magnite, Inc. is in US, which has a low grid carbon intensity relative to other regions.

Magnite, 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.

Magnite, Inc. has established climate goals through participation in recognized frameworks and target-setting initiatives. 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

Compare Magnite, Inc.'s Emissions with Industry Peers

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Cheetah Mobile Inc.

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Where does DitchCarbon data come from?

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