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Magnit PAO
Magnit's GHG Emissions Data Preview
In 2024, 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) | 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 | ||||
Unspecified Calculation Method | 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 3 | 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 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 |
Verified Sources Behind Magnit’s Greenhouse Gas (GHG) Emissions Data
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Insights into Magnit's Operational Emissions
In 2024, the total operational greenhouse gas (GHG) emissions ofMagnit amounted to5,460,000metric 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 Magnitdecreased by 2.85%, 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
- Total Scope 1
- Year-over-Year Change
What are Magnit's Scope 1 emissions?
In 2024, the total Scope 1 emissions of Magnit were 2,330,000 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 5.43%, reflecting a rising long-term trend in Scope 1 emissions over time.ab
Compared to the previous year(2023), Magnit's Scope 1 emissions decreased by 8.98%, highlighting the company's efforts to lower direct emissions from assets it owns or controls.a
What are Magnit's Scope 2 emissions?
In 2024, Magnit reported Scope 2 greenhouse gas (GHG) emissions of 3,130,000 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.ab
Compared to the previous year(2023), 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 2024, Magnit reported its Scope 2 emissions using an unspecified methodology.a
Magnit's Scope 2 Emissions Over Time
- Total Scope 2 (Unspecified Calculation Method)
Insights into Magnit’s GHG Emissions Intensity Compared to Industry Peers
In 2024, Magnit reported Scope 1 greenhouse gas (GHG) emissions of 2,330,000 tCOâ‚‚e and total revenues of USD 26,755 millions. This translates into an emissions intensity of 87.09 tCOâ‚‚e per millions USD.a
Magnit's Scope 1 Emissions Intensity Compared to Peers
How does Magnit's GHG emissions intensity compare to its peers?
In 2024, Magnit reported a Scope 1 emissions intensity of 87.09 tCOâ‚‚e per millions USD. Compared to the peer group median of 10.96, this places the company above its industry benchmark, indicating it is less carbon-efficient than most competitors.a
Where does Magnit rank on GHG emissions intensity within its industry?
In 2024, Magnit ranked 24 out of 25 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCOâ‚‚e per millions USD).a
This places Magnit among the least efficient performers, with one of the highest emissions intensities in its sector.a