Magnit PAO

Common Name
Magnit
Country
Russia
Sector
Consumer Defensive
Industry
Discount Stores
Employees
386,000
Ticker
MGNT
Exchange
MOSCOW EXCHANGE
Description
Magnit PJSC is a leading Russian retail company operating an extensive chain of convenience stores, hypermarkets, and drugstores across Russia. Primarily focused on the grocery retail sector, its prim...

Magnit's GHG Emissions Data Preview

In 2023, Magnit 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, Magnit 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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0000000
Total Scope 2
Unspecified Calculation Method
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0000000
Total Scope 3
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Insights into Magnit's Operational Emissions

In 2023, the total operational greenhouse gas (GHG) emissions of Magnit amounted to 5,450,000 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 Magnit decreased by 0.73%, showing that the company has made progress in taking action to reduce the climate impact of its operations. a

Magnit's Scope 1 Emissions Over Time

2021202220230650 k1.3 M1.95 M2.6 MtCO2e+14%-5%
  • Total Scope 1
  • Year-over-Year Change

What are Magnit's Scope 1 emissions?

In 2023, the total Scope 1 emissions of Magnit were 2,390,000 metric tons of COâ‚‚ equivalent (tCOâ‚‚e). a

Has Magnit reduced its Scope 1 emissions over time?

Since 2021, Magnit's Scope 1 emissions have increased by 8.14%, reflecting a rising long-term trend in Scope 1 emissions over time. a

Compared to the previous year (2022), Magnit's Scope 1 emissions decreased by 4.78%, highlighting the company's efforts to lower direct emissions from assets it owns or controls. a

What are Magnit's Scope 2 emissions?

In 2023, Magnit reported Scope 2 greenhouse gas (GHG) emissions of 3,060,000 tCOâ‚‚e without specifying the calculation method. a

Has Magnit reduced its Scope 2 emissions over time?

Since 2021, Magnit's Scope 2 greenhouse gas (GHG) emissions (Unspecified Calculation Method) have remained relatively stable, indicating that Magnit 's emissions have plateaued with no significant change in its energy consumption footprint. a

Compared to the previous year (2022), Magnit's Scope 2 emissions (Unspecified Calculation Method) have remained relatively stable, indicating that Magnit 's emissions have plateaued with no significant change in its energy consumption footprint. a

What methodology does Magnit use for Scope 2 reporting?

In 2023, Magnit reported its Scope 2 emissions using an unspecified methodology. a

Magnit's Scope 2 Emissions Over Time

2021202220230800 k1.6 M2.4 M3.2 MtCO2e
  • Total Scope 2 (Unspecified Calculation Method)
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