Magna International Inc
Magna International's Climate Target Data Preview
As of 2023, Magna International has disclosed 3 climate targets aimed at reducing its greenhouse gas (GHG) emissions. These include 3 absolute reduction targets, 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 Magna International ’s climate strategy, ambition level, and alignment with global decarbonization goals.
| Target Type | Scope of Target | Unit | Target | Target Year |
|---|---|---|---|---|
Absolute-based Target | Scope 3 - Total | Metric Tonnes of CO2 equivalent (mtCO2e) | Copy restricted. Please purchase to unlock this data.  | 2030 |
Absolute-based Target | Scope 1 - Total, Scope 2 - Total | Metric Tonnes of CO2 equivalent (mtCO2e) | Copy restricted. Please purchase to unlock this data.  | 2030 |
Absolute-based Target | Scope 1 - Total, Scope 2 - Total, Scope 3 - Total | Metric Tonnes of CO2 equivalent (mtCO2e) | Copy restricted. Please purchase to unlock this data.  | 2050 |
This table provides a simplified preview of selected climate targets data points. To access the complete dataset with full disclosures, detailed breakdowns, and source traceability, create a free account to view purchase options.
Insights into Magna International's Greenhouse Gas Emissions Pathways
As of 2023, Magna International has set greenhouse gas (GHG) emissions reduction targets that cover both its operational emissions (Scope 1 and 2) and value chain emissions (Scope 3), offering a comprehensive view of its total carbon footprint.
Does Magna International have a target to reduce the emissions from its operations?
As of 2023, Magna International has set a target to reduce its operational greenhouse gas (GHG) emissions, specifically those from Scope 1 and Scope 2 sources.
Magna International's most ambitious operational target is to reduce these emissions by 42% by 2030, compared to a baseline of 1,525,997 Metric Tonnes of CO2 equivalent (mtCO2e) in 2021.
Instead of reducing operational emissions, Magna International has increased them, with 2023 levels exceeding those of the 2021 baseline, placing the company well behind its reduction target.
Magna International's Operational (Scope 1+2) Emissions Pathway
Does Magna International have a target to reduce the emissions from its value chain?
As of 2023, Magna International has set a target to reduce its value chain greenhouse gas (GHG) emissions, covering 1 out of the 15 Scope 3 categories defined by the GHG Protocol.
Magna International's most ambitious value chain target is to reduce these emissions by 25% by 2030, compared to a baseline of 58,655,441 Metric Tonnes of CO2 equivalent (mtCO2e) in 2021.
Magna International's Value Chain (Scope 3) Emissions Pathway
Does Magna International have a target to reduce its total carbon footprint?
As of 2023, Magna International has set a target to reduce its total carbon footprint, specifically those from Scope 1, Scope 2 and Scope 3 sources.
Magna International's most ambitious carbon footprint target is to reduce its scope 1, 2 and 3 emissions from a baseline of 60,181,438 Metric Tonnes of CO2 equivalent (mtCO2e) in 2021, by 90% by 2050.