Magnix USA, Inc.
Magnix USA, Inc., a leader in electric propulsion technology, is headquartered in the United States, with significant operations across various regions. Founded in 2009, the company has made remarkable strides in the aerospace industry, focusing on the development of electric aircraft systems that aim to revolutionise air travel. Specialising in electric motors and propulsion systems, Magnix is renowned for its innovative solutions that enhance efficiency and sustainability in aviation. Their flagship product, the magniX electric motor, stands out for its lightweight design and high power-to-weight ratio, making it a game-changer for the industry. With a commitment to reducing carbon emissions and promoting eco-friendly aviation, Magnix has positioned itself as a pioneer in the electric aircraft market, achieving notable milestones in aircraft conversions and partnerships with leading aviation companies.
DitchCarbon Score
How does Magnix USA, 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 Electrical Machinery Manufacturing 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
Magnix USA, Inc.'s score of 29 is higher than 56% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Magnix USA, Inc.'s reported carbon emissions
Magnix USA, Inc., headquartered in the US, has set ambitious climate commitments aimed at significantly reducing its carbon emissions. Although specific emissions data for the most recent year is not available, the company has established clear reduction targets. In 2022, Magnix committed to reducing its direct greenhouse gas emissions (Scopes 1 and 2) by 45% by the year 2030. This commitment reflects a proactive approach to addressing climate change and aligns with industry standards for sustainability. Furthermore, Magnix has set a long-term goal to achieve net-zero carbon emissions by 2050, encompassing both Scope 1 and Scope 2 emissions. These initiatives demonstrate the company's dedication to environmental responsibility and its intention to contribute positively to global climate efforts. As of now, there is no cascaded emissions data from a parent or related organization, indicating that Magnix is independently managing its climate strategy.
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.
Magnix USA, Inc. 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.
