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 GHG Emissions Data Preview

In 2023, Magellan Financial Group completed a corporate carbon footprint assessment and publicly disclosed its greenhouse gas (GHG) emissions according to the GHG Protocol, covering Scope 1 (direct emissions from owned or controlled sources) and Scope 2 (indirect emissions from purchased energy).

However, Magellan Financial Group has not published a category-level breakdown of its Scope 3 emissions, limiting visibility into specific value chain sources.

Metric (tCO2e)2023202220212020 - 2017
Total Scope 1
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a
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0000000
Total Scope 2
Unspecified Calculation Method
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0000000
Total Scope 3
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0000000
Total Scope 1 Revenue Intensity (tCO2e/$M)
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0000000
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Verified Sources Behind Magellan Financial Group’s Greenhouse Gas (GHG) Emissions 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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b. Magellan Financial Group's Annual Report 2023
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Insights into Magellan Financial Group's Operational Emissions

In 2023, the total operational greenhouse gas (GHG) emissions of Magellan Financial Group amounted to 114 metric tons of CO2 equivalent. This figure includes both direct emissions from owned or controlled sources (Scope 1) and indirect emissions from purchased energy (Scope 2). a

Compared to 2022, the total operational greenhouse gas (GHG) emissions of Magellan Financial Group increased by 90%, suggesting that the company faced challenges in reducing its emissions from its core operations. a

Magellan Financial Group's Scope 1 Emissions Over Time

20182019202020212022202301234tCO2e
  • Total Scope 1
  • Year-over-Year Change

What are Magellan Financial Group's Scope 1 emissions?

In 2023, the total Scope 1 emissions of Magellan Financial Group were 0 metric tons of CO₂ equivalent (tCO₂e). a

What are Magellan Financial Group's Scope 2 emissions?

In 2023, Magellan Financial Group reported Scope 2 greenhouse gas (GHG) emissions of 114 tCO₂e using the location-based method. a

Has Magellan Financial Group reduced its Scope 2 emissions over time?

Compared to the previous year (2022), Magellan Financial Group's Scope 2 emissions (Location-Based) rose by 90% in 2023, suggesting that the company faced challenges in reducing emissions from purchased electricity and energy a

What methodology does Magellan Financial Group use for Scope 2 reporting?

In 2023, Magellan Financial Group reported its Scope 2 emissions using the location-based method. a

Magellan Financial Group's Scope 2 Emissions Over Time

20182019202020212022202303570105140tCO2e
  • Total Scope 2 Location-Based
  • Total Scope 2 (Unspecified Calculation Method)
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