Public Profile

Public Joint Stock Company Magnit

Public Joint Stock Company Magnit, commonly referred to as Magnit, is a leading retail company headquartered in Russia. Established in 1994, Magnit has grown to become one of the largest food retailers in the country, with a significant presence in various regions, including the Southern Federal District and Central Russia. Operating primarily in the grocery and consumer goods sector, Magnit offers a diverse range of products, including fresh food, household items, and personal care products. The company's unique approach to supply chain management and customer service has set it apart in a competitive market. With a strong market position, Magnit has achieved notable milestones, including numerous awards for retail excellence and sustainability initiatives. As a key player in the Russian retail landscape, Magnit continues to innovate and expand its offerings to meet the evolving needs of consumers.

DitchCarbon Score

How does Public Joint Stock Company Magnit'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.

15

Industry Average

Mean score of companies in the Wholesale Trade 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.

3

Industry Benchmark

Public Joint Stock Company Magnit's score of 15 is higher than 87% of the industry. This can give you a sense of how well the company is doing compared to its peers.

87%

Public Joint Stock Company Magnit's reported carbon emissions

Public Joint Stock Company Magnit, headquartered in Russia, currently does not have available data on its carbon emissions, as no specific emissions figures have been reported. Consequently, there are no defined reduction targets or climate commitments outlined in their initiatives. In the absence of concrete emissions data, it is essential to note that many companies in the retail sector are increasingly focusing on sustainability and climate action, often setting ambitious targets to reduce their carbon footprint. However, without specific information from Magnit, it is unclear what steps they are taking in this regard.

Industry emissions intensity

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. Public Joint Stock Company Magnit's primary industry is Wholesale trade and commission trade services, except of motor vehicles and motorcycles (51), which is low in terms of carbon intensity compared to other industries.

Location emissions intensity

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. Public Joint Stock Company Magnit is headquartered in RU, which has a rank of medium, indicating medium grid carbon 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.

Public Joint Stock Company Magnit 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.

Science Based Targets Initiative
Carbon Disclosure Project
The Climate Pledge
UN Global Compact
Carbon Disclosure Project
The Climate Pledge
UN Global Compact

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