Magna International (MGA)

Overall impact
B (63)

Commentary

Magna International is a strong overall performer. With a 'B' rating of 62.8 for overall impact (69th percentile compared to all companies), Magna International ranks 22nd out of 29 industry peers, behind Tesla, Workhorse, Byd and 18 others, and ahead of Kandi Technologies, Electrameccanica Vehicles, CH-Auto Technology and 4 others. On top material causes for Magna International's industry (Automobiles & Parts), Magna International performs well in Renewable Energy Growth (85.2 score) and performs poorly in Healthy Oceans (29.1 score), Terrestrial Biodiversity (23.8), Sustainable Use of Natural Resources (19.8) and 1 other cause where it received a 'D' or 'F' score.
Impact
Cause MGA
Peer rank
Overall impact

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Company
Founded
1957
Employees
156,000
Sector
Consumer Discretionary
Industry
Automobiles
Sub-industry
Automobile Manufacturers
SASB industry
Auto Parts
Headquarters
On, Canada
Share classes
MGA
Description
Magna International Inc. manufactures and supplies vehicle engineering, contract, and automotive space. It operates through four segments: Body Exteriors & Structures, Power & Vision, Seating Systems, and Complete Vehicles. The company offers battery enclosures, battery trays, fully assembled body-in-white modules, and chassis systems, such as suspension links and arms, twist axle, carbon fiber subframe, and frame assemblies. It also provides cameras, thermal sensing, radar, interior sensing systems, domain controllers, and modules for chassis control, glow plug control, powertrain control, and mechatronic control. Additionally, Magna International Inc. provides active aerodynamics; lighting, liftgate modules, front integration panels, roof systems and modules, exterior design, thin wall, welding technologies, front end carriers or grille opening reinforcement, door panels, and hoods. The company also offers latching systems, power closures, door and mechatronic control modules, hinges and wireforming, and handles; interior and exterior mirrors, actuators, and overhead consoles; structural, foam and trim, sustainable, and electronics seating; and greenhouse technologies, trim and exterior ornamentation, and running boards. In addition, the company offers eDrive systems and eBeam; hybrid and ICE Powertrain; E-motor core stack, gears and shafts, planetary carriers and differentials, and inverter covers and oil pans; battery thermal and structural components, and clutch housings and modules; truck fuel tank systems, pipes and components, and energy storage systems. Magna International Inc. was founded in 1957 and is headquartered in Aurora, Canada.
Material causes
Ethos considers the following causes material for Magna International, based on its industry sub-industry Automobile Manufacturers. Learn more about material causes in our methodology overview.

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