Magnum Magnetics
Magnum Magnetics Corporation, commonly referred to as Magnum Magnetics, is a leading manufacturer of magnetic products headquartered in the United States. Established in 1997, the company has grown to become a key player in the magnetic materials industry, serving diverse markets across North America and beyond. Specialising in flexible magnetic sheeting, strips, and custom magnetic solutions, Magnum Magnetics is renowned for its innovative approach and high-quality offerings. Their products are designed for a variety of applications, including signage, retail displays, and educational tools, setting them apart with unique features such as superior adhesion and durability. With a commitment to excellence, Magnum Magnetics has achieved significant milestones, solidifying its market position as a trusted supplier. Their dedication to customer satisfaction and continuous improvement has earned them a reputation for reliability and innovation in the magnetic materials sector.
DitchCarbon Score
How does Magnum Magnetics'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 Food Product 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
Magnum Magnetics's score of 3 is lower than 93% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Magnum Magnetics's reported carbon emissions
Magnum Magnetics, headquartered in the US, currently does not have publicly available carbon emissions data for the most recent year, nor do they have specified reduction targets or climate pledges. This absence of data suggests that the company may still be in the early stages of formalising its climate commitments or reporting practices. In the context of the industry, many companies are increasingly focusing on reducing their carbon footprints and setting science-based targets to align with global climate goals. As such, Magnum Magnetics may benefit from developing a comprehensive strategy to address carbon emissions and enhance sustainability practices. This could include initiatives aimed at measuring and reducing Scope 1, 2, and 3 emissions, which encompass direct emissions from owned or controlled sources, indirect emissions from the generation of purchased energy, and other indirect emissions in the value chain, respectively. Overall, while specific emissions data and reduction commitments are currently unavailable, there is a growing expectation for companies like Magnum Magnetics to engage in climate action and transparency in their environmental impact.
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.
Magnum Magnetics is not committed to any 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.
