Magnetic Resources NLMagnetic Resources NL - ESG Rating & Company Profile powered by AI

Industry Group:Iron & Steel

This article includes a Q&A section on Magnetic Resources NL. Check the bottom of this webpage for potential risks for Magnetic Resources NL based on industry, geography and marketcap. This report of Magnetic Resources NL is assembled by All Street Sevva using advanced AI.

Magnetic Resources NL in the Iron & Steel industry gained a UN SDG ESG Transparency Score of 2.6; made up of an environmental score of 1.1, social score of 1.1 and governance score of 5.7.

SDG Transparency Score for Magnetic Resources NL 

2.6

Low Impact
0 - 3
Medium
4 - 6
High
7 - 10
Last Score Update: 2023-07-01
What drives the score for Magnetic Resources NL 
1.1

Environmental

1.1

Social

5.7

Governance

Detailed ESG Breakdown
SEVVA Platform offers unique drill down to the underlying sources powering the ratings. Break down your ESG analysis by 17 UN SDGs and 8 additional governance factors.

Peer Group Comparison

RankCompanySDG Transparency Score Performance
1Tata Steel Ltd
8.9
High
2BlueScope Steel Ltd
8.7
High
.........
525Quebec Nickel Corp
2.7
Medium
525Vallabh Steels Ltd
2.7
Medium
539Magnetic Resources NL
2.6
Medium
539Arabian Pipes Company SJSC
2.6
Medium
539Canox Corp
2.6
Medium
.........
820Zaporiz'kyi Zavod Ferosplaviv AT
0.0
Low
820Zavod Krasnaya Etna AO
0.0
Low
.........
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Peer Companies Benchmark
SEVVA Platform benchmarks each company against a peer group. View the full score distribution for peers by logging into SEVVA

Frequently Asked Questions

Does Magnetic Resources NL have an accelerator or VC vehicle to help deliver innovation?

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Does Magnetic Resources NL disclose current and historical energy intensity?

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Does Magnetic Resources NL report the average age of the workforce?

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Does Magnetic Resources NL reference operational or capital allocation in relation to climate change?

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Does Magnetic Resources NL disclose its ethnicity pay gap?

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Does Magnetic Resources NL disclose cybersecurity risks?

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Does Magnetic Resources NL offer flexible work?

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Does Magnetic Resources NL have a long term incentive (LTI) executive compensation plan based on a measure of return on capital?

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Does Magnetic Resources NL disclose the number of employees in R&D functions?

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Does Magnetic Resources NL conduct supply chain audits?

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Does Magnetic Resources NL disclose incidents of non-compliance in relation to the health and safety impacts of products and services?

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Is there a statment that there is no plan to expand their cement production? (for example: 'We have no current plans to add additional cement making capacity')

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Does Magnetic Resources NL conduct 360 degree staff reviews?

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Does Magnetic Resources NL disclose the individual responsible for D&I?

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Does Magnetic Resources NL disclose current and historical air emissions?

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Is there a statment that there is no plan to expand their coal usage? (for example: 'We have no current plans to add additional coal powered electricity generation')

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Is executive remuneration linked to climate performance?

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Does the Board describe its role in the oversight of climate-related risks and opportunities?

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Does Magnetic Resources NL disclose current and / or historical scope 2 emissions?

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Does Magnetic Resources NL disclose water use targets?

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Does Magnetic Resources NL have careers partnerships with academic institutions?

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Did Magnetic Resources NL have a product recall in the last two years?

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Does Magnetic Resources NL disclose incidents of discrimination?

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Does Magnetic Resources NL allow for Work Councils/Collective Agreements to be formed?

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Has Magnetic Resources NL issued a profit warning in the past 24 months?

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Does Magnetic Resources NL disclose parental leave metrics?

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Does Magnetic Resources NL disclose climate scenario or pathway analysis?

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Does Magnetic Resources NL disclose current and / or historical scope 1 emissions?

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Are Operating Expesnses linked to emissions reduction?

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Does Magnetic Resources NL disclose the pay ratio of women to men?

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Does Magnetic Resources NL support suppliers with sustainability related research and development?

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Does Magnetic Resources NL disclose the number of operations that have been subject to human rights reviews or human rights impact assessments?

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Does Magnetic Resources NL reflect climate-related risks in its financial statements?

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Is there a statment that there is no plan to expand their carbon intensite energy assets? (for example: 'We have no current plans to carry out further drilling for oil,')

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Is Magnetic Resources NL involved in embryonic stem cell research?

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Does Magnetic Resources NL disclose GHG and Air Emissions intensity?

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Does Magnetic Resources NL disclose its waste policy?

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Does Magnetic Resources NL report according to TCFD requirements?

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Does Magnetic Resources NL disclose its policies for bribery, corruption, whistle-blower, conflict of interest?

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Does Magnetic Resources NL disclose energy use targets?

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Does Magnetic Resources NL disclose its Renewable Energy targets?

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Are emissions metrics verified by STBi?

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Does Magnetic Resources NL have a policy relating to cyber security?

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Potential Risks for Magnetic Resources NL
These potential risks are based on the size, segment and geographies of the company.

Magnetic Resources NL explores mineral tenements in Western Australia. It primarily explores for gold, nickel, copper, platinum group element, and iron deposits. The company holds 100% interests in the Laverton region comprising Hawks Nest, Mt Jumbo, Hawks Nest East, Mt Ajax, Mt Jumbo East, Little Well, Kowtah, and Lady Julie projects covering an area of approximately 261 square kilometers; and the Benjabbering, Trayning, Goddard, and Korrelocking projects covering an area of approximately 322 square kilometers. It also holds interest in various projects and tenements located in Leonora"Laverton region, as well as focuses on the Kauring, Ragged Rock, and Mount Joy projects. Magnetic Resources NL was incorporated in 2006 and is based in West Perth, Australia.

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