The Madison Group Sustainability Profile
The Madison Group, headquartered in the United States, is a leading provider in the field of product development and engineering services. Founded in 1995, the company has established a strong presence across various operational regions, including North America and Europe. Specialising in innovative solutions for the medical device, consumer products, and industrial sectors, The Madison Group is renowned for its unique approach to product design and development. With a commitment to quality and customer satisfaction, the company offers a range of core services, including regulatory consulting, design verification, and market strategy. The Madison Group's notable achievements include successful collaborations with top-tier clients, positioning it as a trusted partner in the industry. Through its expertise and dedication, The Madison Group continues to set benchmarks in product innovation and engineering excellence.
DitchCarbon Score
How does The Madison Group'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 Insurance 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
The Madison Group'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.
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The Madison Group's reported carbon emissions
In 2023, The Madison Group reported a Scope 3 emissions intensity of approximately 1,600 kg CO2e per tonne of raw materials used. This figure reflects a slight improvement from 2022, where the Scope 3 emissions intensity was about 1,700 kg CO2e per tonne. The data for previous years, including 2021 and 2020, also indicated a consistent emissions intensity of around 1,600 kg CO2e per tonne. However, the company has not disclosed any Scope 1 or Scope 2 emissions data. Despite the emissions data available, The Madison Group has not set specific reduction targets or initiatives, nor have they committed to any industry-standard climate pledges such as those from the Science Based Targets initiative (SBTi). The absence of documented reduction initiatives suggests that the company may be in the early stages of developing a comprehensive climate strategy. Overall, while The Madison Group has shown some progress in managing its Scope 3 emissions intensity, further commitments and transparency regarding emissions reduction targets would enhance its climate accountability.
How Carbon Intensive is The Madison Group's Industry?
How Carbon Intensive is The Madison Group's Location?
The Madison Group'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.
The Madison Group 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.
