Committed to Making a Difference
“The fight against climate change is leading to significant transformation in the mobility sector. As a global leader within the industry, Magna has set itself ambitious net-zero targets. Magna has approved near and long-term science based emission reduction targets with Science Based Targets initiative (SBTi), and the SBTi has verified Magna's net-zero science based target by 2050.”
Swamy Kotagiri
Chief Executive Officer
Where Innovation & Sustainability Converge
Sustainability Technologies
Morphing Surfaces
Optimize aerodynamic functionality with Morphing surfaces to unlock a vehicle design with a flexible, seamless and exterior surface.
Magna eDrive System High HE
Magna's latest high-power eDrive System delivers world class attributes on efficiency, power-to-weight ratio, torque density and sustainability.
Sustainable Seating
Our seating solutions prioritize the ecosystem by utilizing recycled and bio-based materials.
United Nations Sustainability Development Goals
Discover the stories behind our ESG impact
Magna’s ESG Commitment
Environment
The Earth is what we all have in common, and through our sustainability efforts we are committed to making sure our impact leaves a positive footprint for future generations to follow.
Social Responsibility
We have a strong drive to recognize, celebrate and support the communities in which our employees live and work. It is through these efforts that Magna’s best shines through. And with our commitment to advancing diversity and creating an inclusive workforce, we are working to be the difference we want to see in the world.
Governance
Our strong corporate governance practices are essential to fostering stakeholder trust and confidence, management accountability and long-term shareholder value.
A spirit of entrepreneurship lives in all of us.
At its very core, Magna is a company of creators, innovators and problem solvers. Our foundational entrepreneurial mindset empowers our employees to act as owners and respond to the industry transformation with agility and flexibility. This same foundational strength is what also allows us to continuously bring new innovative solutions to market and help usher in a new era of mobility.
Portfolio strength
Magna’s product portfolio and collective expertise is unmatched and aligns with the car of the future. It’s our systems-level approach that allows us to think like an automaker and deliver solutions for any vehicle, for any automaker, for any market in the world.
Enabler to mobility
Our customers have big goals, and they rely on Magna to enable their success. As established automakers shift toward electrification and autonomy, and new entrants find their footing in a rapidly changing landscape, Magna is the go-to partner to help them meet their goals. With market-leading products and technologies as well as our design, engineering and complete vehicle assembly capabilities, we can support all aspects of mobility like no other supplier.
Magna At A Glance
2023 Sustainability Report