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 Waste Data Preview

In 2023, Magnit conducted an environmental assessment and disclosed corporate waste management data in accordance with recognized sustainability reporting standards. The company provided a breakdown of its waste by type (hazardous vs non-hazardous) and treatment method (recovery vs disposal), enabling greater transparency into its waste handling and environmental practices.

Metric (tonnes)2023202220212020 - 2017
Total Waste Generated
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0000000
Total Waste Recovered
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a
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a
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a
0000000
Total Hazardous Waste Generated
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0000000
Non-Hazardous Waste Disposed
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0000000

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Insights into Magnit's Waste Treatment Practices

In 2023, Magnit generated a total of 1,732,451 metric tonnes of waste. a

Of this amount, 23.2% of Magnit's total waste generated was recovered through methods such as recycling, reuse, or composting, while 58.16% was disposed of through landfilling, incineration, or combustion. The remaining 18.64% was either treated using unspecified methods or not clearly categorized. a

Magnit's Waste Recovery Rate

23%

How much of Magnit's waste is recycled or recovered?

In 2023, Magnit reported a total waste generation of 1,732,451 metric tonnes, of which 23.2% was recovered through recycling, reuse, or composting. This low recovery rate highlights limited waste diversion and suggests that Magnit may be relying more heavily on landfill or incineration, underscoring opportunities for stronger resource recovery initiatives. a

Has Magnit reduced its environmental waste footprint over time?

Since 2021, Magnit's total waste generation increased by 16.36%, but declined by 2.15% in the year 2023, suggesting a potential shift toward more efficient material use or the early impact of waste reduction strategies. a

Over the same period, Magnit's waste recovery rate remained relatively flat, but increased by 12.45% in 2023, hinting at early momentum toward stronger circularity practices or more robust waste treatment reporting. a

Overall, Magnit’s waste generation and recovery data show a mixed and inconsistent trend. A deeper analysis of the company's activities, industry benchmarks, and operational changes is needed to assess its sustainability performance more precisely.

Magnit’s Waste Recovery vs. Disposal Over Time

2021202220230400 k800 k1.2 M1.6 Mtonnes
  • Total Waste Disposed
  • Total Waste Recovered

Insights into Magnit’s Generation of Hazardous and Non-Hazardous Waste

In 2023, Magnit generated a total of 1,732,451 metric tonnes of waste. a

Of this amount, 0.04% of Magnit's total waste generated of was classified as hazardous waste, characterized by properties such as toxicity, flammability, corrosiveness, or reactivity that may pose risks to human health, ecosystems, or the environment. 99.96% was identified as non-hazardous waste, generally considered less harmful and subject to lighter regulatory controls. a

Magnit’s Hazardous vs Non-Hazardous Waste Over Time

2021202220230450 k900 k1.35 M1.8 Mtonnes
  • Total Non-Hazardous Waste Generated
  • Total Hazardous Waste Generated

How Magnit reduced the environmental impact of its waste?

Since 2021, Magnit's total waste generation increased by 16.36%, including a 2.15% rise in 2023, reflecting a persistent upward trend that could be linked to operational growth, inefficient material use, or limited investment in waste prevention systems. a

Over the same period, Magnit reduced the hazardousness of its waste by 95.24%, with a further 94.38% decline in 2023, suggesting a sustained and meaningful shift toward safer waste profiles and lower environmental impact. a

Overall, Magnit has increased waste over time but is now demonstrating meaningful progress in both reducing waste generation and lowering its hazardous content, potentially signaling a turning point toward sustainability. a

How does Magnit treat its hazardous waste?

In 2023, Magnit reported that 648 metric tonnes of its total waste output were classified as hazardous. This represents 0.04% of its overall waste generation. a

The company treated this hazardous waste using a combination of methods. Approximately 15.1% was managed through recovery methods, indicating a moderate integration of circular practices into its hazardous waste management. However, a significant share was still directed toward disposal, highlighting room for improvement in reducing the long-term impact of hazardous materials. a

Breakdown of Magnit's Hazardous and Non-Hazardous Waste by Treatment Method

Non-Hazardous WasteDisposed(71.5%)Non-Hazardous WasteRecovered(28.5%)
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