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.
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.
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.
Public Joint Stock Company Magnit's score of 20 is lower than 85% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Public Joint Stock Company Magnit, headquartered in Russia, currently does not report any specific carbon emissions data, as indicated by the absence of emissions figures in kg CO2e. Furthermore, there are no documented reduction targets or climate pledges associated with the company. This lack of publicly available information suggests that Magnit may not have established formal commitments to reduce its carbon footprint or engage in climate initiatives at this time. As such, the company appears to be operating without a defined strategy for addressing climate change or measuring its environmental impact.
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 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.
