Magna International, Inc.
Industry Group: Auto Components
Country/Region: Canada
Identifier: TSE:MG
Magna International prides itself on a highly entrepreneurial culture and a corporate constitution that outlines distribution of profits to various stakeholders. This automotive supplier's product groups include exteriors, interiors, seating, roof systems, body and chassis, powertrain, vision and electronic systems, closure systems, electric vehicle systems, tooling and engineering, and contract vehicle assembly. In 2023, 48% of Magna's $42.8 billion of revenue came from North America while Europe accounted for approximately 38% and Asia the remainder. The firm's top six customers constituted 76% of revenue with the top three being GM, Mercedes, and BMW. GM was the largest contributor at 14%. The company was founded in 1957, has over 179,000 employees, and is based in Aurora, Ontario.
ESG Risk Rating
Ranking
Industry Group (1st = lowest risk)
Auto Components 55 out of 243
Universe
Global Universe 2461 out of 15104
What are the ESG Risk Ratings?
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Industry Comparison
| Company | ESG Risk Rating | Industry Rank |
|---|---|---|
| Bosch Ltd. |
5.9
Negligible
|
1 out of 243 |
| Aptiv Plc |
12.9
Low
|
23 out of 243 |
| Magna International, Inc. |
16.6
Low
|
55 out of 243 |
| Continental AG |
24.6
Medium
|
183 out of 243 |
| Ningbo Tuopu Group Co., Ltd. |
31
High
|
227 out of 243 |
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Our Approach to Calculating ESG Risk
The ESG Risk Ratings measure a company's exposure to industry-specific material ESG risks and how well a company is managing those risks.
Exposure
Exposure refers to the extent to which a company is exposed to different material ESG issues. Our exposure score takes into consideration subindustry and company-specific factors such as its business model.
Management
Management refers to how well a company is managing its relevant ESG issues. Our management score assesses the robustness of a company's ESG programs, practices and policies.
How do the ESG Risk Ratings work?
Top Material ESG Issues for Magna International, Inc.
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What are Material ESG Issues?
Material ESG issues are issues that are considered to be financially material to a given company in a relevant sub-industry.
Controversy Rating
Highest Controversy level that has impacted Magna International, Inc.'s ESG Risk Rating in the last three years
Highest Controversy Level
Contributing Events
Highest Controversy Events Locations
