Climate change
We are fully aware of the importance of the climate agenda and seek to control the impact on climate change and reduce our carbon footprint.
Our climate position
As Magnit grows and expands, so does its need for energy and natural resources. This comes with associated GHG emissions from electricity and heat consumption by its retail chains, distribution centres, industrial and agricultural facilities, offices, fleet and refrigerants.
In 2020, we adopted a climate change policy that outlines climate change principles and responsibilities of Magnit and its controlled entities. Our Sustainability Strategy 2025 includes targets to reduce GHG emissions and energy consumption.
| Strategic goal to 2025 | 2022 performance |
|---|---|
| 30% GHG emissions reduction | 26.7% reduction in specific GHG emissions vs the 2019 base year (2.28 tonnes of CO2 eq / RUB mln) |
| 25% energy consumption reduction | 16% reduction in specific electricity consumption vs the 2019 base year (1,690.60 kWh / RUB mln) |