Magna International Inc

Common Name
Magna International
Country
Canada
Sector
Consumer Cyclical
Industry
Auto Parts
Employees
155,000
Ticker
MG
Exchange
TORONTO STOCK EXCHANGE
Description
Magna International Inc. is a leading global automotive supplier that develops and manufactures a wide range of vehicles and systems for automakers around the world. With expertise in systems integrat...

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)2024202320222021 - 2017
Total Scope 1
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Total Scope 2
Market-Based
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Location-Based
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Total Scope 3
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This table provides a simplified preview of selected GHG emissions 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 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).

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.

Magna International's Scope 1 Emissions Over Time

20212022202320240150 k300 k450 k600 ktCO2e-1%-2%-1%
  • 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 COâ‚‚ equivalent (tCOâ‚‚e).

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.

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.

What are Magna International's Scope 2 emissions?

In 2024, Magna International reported Scope 2 greenhouse gas (GHG) emissions of 1,158,866 tCOâ‚‚e using the market-based method.

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.

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.

What methodology does Magna International use for Scope 2 reporting?

In 2024, Magna International reported its Scope 2 emissions using the market-based method.

Magna International's Scope 2 Emissions Over Time

20212022202320240300 k600 k900 k1.2 MtCO2e
  • Total Scope 2 Market-Based
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