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 44 is higher than 65% 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 36,424,900 kg CO2e, with emissions distributed across various scopes: 320,400 kg CO2e from Scope 1, 6,400 kg CO2e from Scope 2, and a significant 36,249,000 kg CO2e from Scope 3. The Scope 3 emissions include substantial contributions from purchased goods and services (27,746,700 kg CO2e) and the use of sold products (5,263,600 kg CO2e). Comparatively, in 2022, the company recorded total emissions of about 46,775,400 kg CO2e, with Scope 1 emissions at 307,600 kg CO2e and Scope 3 emissions at 46,775,400 kg CO2e. This indicates a reduction in total emissions from 2022 to 2023, reflecting a commitment to improving their carbon footprint. Musicmagpie's emissions data is cascaded from its parent company, musicMagpie plc, and is influenced by the corporate family relationship with AO World plc, which provides additional context for their emissions reporting. However, there are currently no specific reduction targets or climate pledges documented, indicating a potential area for future commitment and improvement in their sustainability strategy. Overall, Musicmagpie's emissions profile highlights the importance of addressing Scope 3 emissions, which constitute the majority of their carbon footprint, and suggests a need for enhanced climate commitments moving forward.
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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.
