Magna International Inc
Magna International's GHG Emissions Data Preview
In 2024, Magna International 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, Magna International has not published a category-level breakdown of its Scope 3 emissions, limiting visibility into specific value chain sources.
| Metric (tCO2e) | 2024 | 2023 | 2022 | 2021 - 2017 |
|---|---|---|---|---|
Total Scope 1 | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | 0000000 |
Total Scope 2 | ||||
Market-Based | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | 0000000 |
Location-Based | Copy restricted. Please purchase to unlock this data.  | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | 0000000 |
Total Scope 3 | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | 0000000 |
Total Scope 1 Revenue Intensity (tCO2e/$M) | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | 0000000 |
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Verified Sources Behind Magna International’s Greenhouse Gas (GHG) Emissions Data
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Insights into Magna International's Operational Emissions
In 2024, the total operational greenhouse gas (GHG) emissions of Magna International amounted to 1,577,829 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 2023, the total operational greenhouse gas (GHG) emissions of Magna International increased by 0.17%, suggesting that the company faced challenges in reducing its emissions from its core operations. a
Magna International's Scope 1 Emissions Over Time
- Total Scope 1
- Year-over-Year Change
What are Magna International's Scope 1 emissions?
In 2024, the total Scope 1 emissions of Magna International were 418,963 metric tons of CO₂ equivalent (tCO₂e). a
Has Magna International reduced its Scope 1 emissions over time?
Since 2021, Magna International's Scope 1 emissions have decreased by 3.97%, reflecting a declining long-term trend in Scope 1 emissions over time. a
Compared to the previous year (2023), Magna International's Scope 1 emissions decreased by 1.32%, highlighting the company's efforts to lower direct emissions from assets it owns or controls. a
What are Magna International's Scope 2 emissions?
In 2024, Magna International reported Scope 2 greenhouse gas (GHG) emissions of 1,158,866 tCO₂e using the market-based method. a
Has Magna International reduced its Scope 2 emissions over time?
Since 2021, Magna International's Scope 2 greenhouse gas (GHG) emissions (Market-Based) have remained relatively stable, indicating that Magna International 's emissions have plateaued with no significant change in its energy consumption footprint. a
Compared to the previous year (2023), Magna International's Scope 2 emissions (Market-Based) have remained relatively stable, indicating that Magna International 's emissions have plateaued with no significant change in its energy consumption footprint. a
What methodology does Magna International use for Scope 2 reporting?
In 2024, Magna International reported its Scope 2 emissions using the market-based method. a
Magna International's Scope 2 Emissions Over Time
- Total Scope 2 Market-Based
Insights into Magna International’s GHG Emissions Intensity Compared to Industry Peers
In 2024, Magna International reported Scope 1 greenhouse gas (GHG) emissions of 418,963 tCO₂e and total revenues of USD 59,068 millions. This translates into an emissions intensity of 7.09 tCO₂e per millions USD. a
Magna International's Scope 1 Emissions Intensity Compared to Peers
How does Magna International's GHG emissions intensity compare to its peers?
In 2024, Magna International reported a Scope 1 emissions intensity of 7.09 tCO₂e per millions USD. Compared to the peer group median of 8.94, this places the company below its industry benchmark, indicating it is more carbon-efficient than most competitors. a
Where does Magna International rank on GHG emissions intensity within its industry?
In 2024, Magna International ranked 9 out of 21 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e per millions USD). a
Magna International is therefore positioned in the mid-range of its industry, neither a clear leader nor a laggard in carbon efficiency. a