Magellan Financial Group Ltd

Common Name
Magellan Financial Group
Country
Australia
Sector
Financial Services
Industry
Asset Management
Employees
100
Ticker
MFG
Exchange
ASX
Description
Magellan Financial Group Ltd is an Australia-based asset management company renowned for providing a range of financial solutions tailored to meet the needs of retail, high-net-worth, and institutiona...

Magellan Financial Group's Climate Target Data Preview

As of 2024, Magellan Financial Group has disclosed 1 climate targets aimed at reducing its greenhouse gas (GHG) emissions. These include 1 absolute reduction target, signaling the company’s commitment to managing and lowering its carbon footprint over time. The targets span various emissions scopes and time horizons, offering insight into Magellan Financial Group ’s climate strategy, ambition level, and alignment with global decarbonization goals.

Target TypeScope of TargetUnitTargetTarget Year
Absolute-based Target*
Scope 3 - Investments (Cat. 15)
Metric Tonnes of CO2 equivalent (mtCO2e)
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a
2030
*. This target is limited in scope and does not represent the company's full operational or organizational boundaries
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Verified Sources Behind Magellan Financial Group’s Climate Targets Data

Every figure on this dashboard has a transparent audit trail. With Tracenable, each data point is traceable back to its original source, viewable directly inside our platform. Explore Magellan Financial Group’s data sources below and access millions more through our Disclosure Search.

a. Magellan Financial Group's Climate Assessment Report 2024
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Insights into Magellan Financial Group's Greenhouse Gas Emissions Pathways

As of 2024, Magellan Financial Group has set greenhouse gas (GHG) emissions reduction targets that cover its value chain emissions (Scope 3), without dedicated targets for its operational emissions. This indicates a focus on upstream and downstream climate impacts rather than internal operations. a

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