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.
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.
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.
The Madison Group's score of 20 is lower than 77% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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 their ongoing commitment to understanding and managing their carbon footprint, particularly in the upstream supply chain. The previous year's data from 2022 indicated a slightly higher Scope 3 emissions intensity of about 1,700 kg CO2e per tonne, while in 2021, it was also around 1,600 kg CO2e per tonne. Notably, in 2019, the emissions intensity was recorded at about 2,000 kg CO2e per tonne, suggesting a positive trend towards reducing emissions over the years. Despite these figures, The Madison Group has not disclosed specific reduction targets or initiatives, nor do they appear to have cascaded data from a parent organisation. Their climate commitments remain unspecified, indicating a potential area for future development in their sustainability strategy. The absence of Scope 1 and Scope 2 emissions data further highlights the need for enhanced transparency in their overall emissions reporting.
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.
The Madison Group 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.
