Magna International Inc 2025 SR
The report details Magna's sustainability progress and decarbonization strategies for the fiscal year 2025. Key achievements include reaching 100% renewable electricity across European operations and a 26% reduction in carbon intensity from the 2021 baseline. The company also surpassed Phase 1 of its Energy Cost Optimization initiative, delivering $61 million in annual savings. Magna's near-term and 2050 net-zero targets have been validated by the Science Based Targets initiative (SBTi). Additionally, the report highlights the company's efforts in sustainable materials, water reduction, and supplier ESG scoring.
Company: Magna International Inc
Sector: Consumer Discretionary
Country: Canada
Year: 2025
Type: SR
Pages: 100
Magna International Inc
Sustainability Report
The report details Magna's sustainability progress and decarbonization strategies for the fiscal year 2025. Key achievements include reaching 100% renewable electricity across European operations and a 26% reduction in carbon intensity from the 2021 baseline. The company also surpassed Phase 1 of its Energy Cost Optimization initiative, delivering $61 million in annual savings. Magna's near-term and 2050 net-zero targets have been validated by the Science Based Targets initiative (SBTi). Additionally, the report highlights the company's efforts in sustainable materials, water reduction, and supplier ESG scoring.
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Document Details
Report Year
2025
Reporting Period
Jan 1, 2025 - Dec 31, 2025
Fiscal Year
2025
Type
Sustainability Report
Language
English
Pages
File Size
Standards & Assurance
Reporting Standards
Materiality Assessment
Assurance
ESG Data?Experimental — AI-extracted data, may contain inaccuracies
Emissions
Scope 1:
Scope 2:
Energy Consumption
Renewable Energy
Water Consumption
Total Waste
Women on Board
Women in Management
Workplace Fatalities
Net Zero Target
Employees