Magnit helps drive the evolution of work and the world. We strive to achieve this through four core efforts: DE&I, environmental stewardship, community prosperity, and sound corporate governance.
Through our Environmental, Social, and Governance (ESG) strategy we commit to valuing individual dignity and wellbeing, while impacting our communities and championing a sustainable world. Our 2023 Impact Report: ESG & CSR Initiatives demonstrates these commitments and our goals moving forward. To access our previous 2022 report, please click here.
Message from our CEO
“As a global company, focused on people, we have the ability to make significant impact on how the world works. We will be leaders in creating a future of work that sets the standard for human dignity, wellbeing and environmental stewardship. As a result, we will affect individuals and communities across the globe. This report is a testament to our progress so far and our environmental and social commitments for decades to come."
-Teresa Carroll, Chief Executive Officer
Our People
DE&I at Magnit is an organization-wide collaborative effort and a core company value. We will build trust through transparency and reach our representation goals while fostering an inclusive work culture.
Learn more about our DE&I Initiatives.
Our robust wellness programs allow our people to thrive in and outside of work.
Environmental Impact
We’ve been a pioneer in workforce management for more than 30 years, and our environmental sustainability program is just as innovative. In 2022 we ran on 100% renewable energy and were 100% carbon neutral. Despite being the first in the industry to achieve both of these feats, this is just the beginning. We are also dedicated to science-based policies, including our 2030 Net Zero commitment.
Our priorities for a sustainable future include going beyond being carbon neutral by becoming a "climate positive" company.
Community Prosperity
Impacting the communities where we live and do business is critical to Magnit. Our employees are provided paid volunteer hours and are encouraged to give back to society. Corporate giving is essential to our business model and we partner with external organizations to have a greater impact.
As a vendor-neutral MSP, we also partner with our suppliers to address global workforce challenges. Our DE&I Services specifically target the social progress of the contingent workforce. As an example, we have reached over 10k contingent workers through our DE&I Awareness Campaigns.
Corporate Governance
Our success is impossible without responsible business practices. We have an unwavering commitment to operate in an ethical manner, which is firmly supported by our company policies.
Our ESG commitment is just as important to our organization. It is integrated into our business and is governed by an executive board which is a part of the ESG Committee.