Musicmagpie Sustainability Profile
MusicMagpie, officially known as Music Magpie Ltd, is a leading player in the UK’s tech recycling and second-hand retail industry. Headquartered in GB, the company operates extensively across the UK, providing a sustainable solution for consumers looking to sell or buy pre-owned electronics, DVDs, CDs, and video games. Founded in 2007, MusicMagpie has achieved significant milestones, including the launch of its innovative trade-in service that allows users to easily exchange unwanted items for cash. The company’s core offerings include a user-friendly platform for selling and purchasing refurbished tech products, which sets it apart in a competitive market. With a strong commitment to sustainability and customer satisfaction, MusicMagpie has established itself as a trusted name, recognised for its contributions to reducing electronic waste and promoting a circular economy.
DitchCarbon Score
How does Musicmagpie'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 Retail Trade 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
Musicmagpie's score of 47 is higher than 67% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Musicmagpie's reported carbon emissions
In 2023, Musicmagpie reported total carbon emissions of approximately 36.8 million kg CO2e. This figure includes Scope 1 emissions of about 320,400 kg CO2e, Scope 2 emissions of approximately 6,400 kg CO2e, and Scope 3 emissions amounting to around 36.4 million kg CO2e. The Scope 3 emissions are primarily driven by purchased goods and services, which account for about 27.7 million kg CO2e. Comparatively, in 2022, Musicmagpie's total emissions were approximately 47.1 million kg CO2e, with Scope 1 emissions at about 307,600 kg CO2e and Scope 3 emissions reaching around 46.8 million kg CO2e. This indicates a significant reduction in total emissions from 2022 to 2023. Despite these reductions, Musicmagpie has not set specific reduction targets or climate pledges, as indicated by the absence of documented reduction initiatives. The emissions data is cascaded from its parent company, musicMagpie plc, and is influenced by the corporate family relationship with AO World plc, which provides some performance data. Overall, while Musicmagpie has made strides in reducing its carbon footprint, further commitments and structured reduction targets would enhance its climate strategy.
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| 2021 | 2022 | 2023 | |
|---|---|---|---|
| Scope 1 | 370,000 | 000,000 | 000,000 |
| Scope 2 | 401,000 | - | 0,000 |
| Scope 3 | 79,312,000 | 00,000,000 | 00,000,000 |
How Carbon Intensive is Musicmagpie's Industry?
How Carbon Intensive is Musicmagpie's Location?
Musicmagpie's Scope 3 Categories Breakdown
Musicmagpie's Scope 3 emissions, which decreased by 22% last year and decreased by approximately 54% since 2021, demonstrating supply chain emissions tracking. Nearly all of their carbon footprint comes from suppliers and value chain emissions, representing nearly all emissions under the GHG Protocol, with "Purchased Goods and Services" being the largest emissions source at 76% of Scope 3 emissions.
Top Scope 3 Categories
Musicmagpie'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.
Musicmagpie 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.
