Magnite, Inc.
Magnite, Inc., a leading player in the advertising technology sector, is headquartered in the United States. Founded in 2020 through the merger of Rubicon Project and Telaria, Magnite has quickly established itself as a prominent force in the programmatic advertising landscape. The company operates primarily in North America and Europe, providing innovative solutions that empower publishers and advertisers to maximise their revenue. Magnite's core offerings include a comprehensive supply-side platform (SSP) and advanced video advertising solutions, distinguished by their robust analytics and user-friendly interface. With a commitment to transparency and efficiency, Magnite has garnered a strong market position, serving a diverse clientele and achieving significant milestones in the digital advertising space. As the industry evolves, Magnite continues to lead with cutting-edge technology and strategic partnerships, solidifying its reputation as a trusted partner in the advertising ecosystem.
DitchCarbon Score
How does Magnite, Inc.'s carbon action stack up? DitchCarbon scores companies based on their carbon action and commitment to reducing emissions. Read about our methodology to learn more.
Industry Average
Mean score of companies in the Business Services industry. Comparing a company's score to the industry average can give you a sense of how well the company is doing compared to its peers.
Industry Benchmark
Magnite, Inc.'s score of 38 is higher than 65% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Magnite, Inc.'s reported carbon emissions
Magnite, Inc., headquartered in the United States, has set ambitious climate commitments aimed at significantly reducing its carbon emissions. Although specific emissions data for the most recent year is not available, the company has established clear reduction targets in line with the Science Based Targets initiative (SBTi). Magnite has committed to achieving a 90% reduction in absolute greenhouse gas emissions across Scope 1 and Scope 2 by 2050, using 2022 as the baseline year. In the near term, the company aims for a 42.5% reduction in these same scopes by 2030. Additionally, Magnite plans to transition to 100% renewable electricity sourcing by 2030, up from 66% in 2022. For Scope 3 emissions, which encompass indirect emissions from the value chain, Magnite also targets a 90% reduction by 2050. Furthermore, the company is committed to ensuring that 80% of its suppliers, based on emissions from purchased goods and services and capital goods, will have science-based targets by 2029. Magnite's overall strategy includes a commitment to reach net-zero greenhouse gas emissions across all scopes by 2050, reinforcing its dedication to climate action and sustainability within the software and services sector.
Industry emissions intensity
Location emissions intensity
Reduction initiatives & disclosure networks
Companies disclose and commit to reducing emissions to show they are serious about reducing emissions impact over time. They can also help a company track its progress over time.
Magnite, Inc. is participating in some of the initiatives that we track. This may change over time as the company engages with new initiatives or updates its commitments. DitchCarbon will update this information as it becomes available.
