The AK&M rating agency has assigned the rating of non—financial reporting of the Magnit Group of Companies at the level of - RESG 1, the highest level of disclosure of information on sustainable development in reports.
In accordance with the agency's methodology, the Magnit Group of Companies' reporting for 2024 received 91.2 points and was classified as the highest level. This rating is assigned to companies that receive a rating score in the range from 85 to 106.4.
Magnit discloses information about its activities in the field of sustainable development in a special report. In 2020, the company adopted a sustainable development strategy for 2020-2025. The 2024 report shows that most of the targets set out in the strategy have already been met. Such results were achieved thanks to a well-structured management structure. The document describes the strategy-related functions and responsibilities of each level of department management.
The report focuses on the company's interaction with customers and employees. Magnit provides essential goods to more than 18 million people, and more than 360,000 sellers, drivers, and other personnel work in stores and enterprises. The report contains comprehensive information about the staff structure, the main problems in attracting new employees, and efforts to create comfortable and safe working conditions.
The Magnit chain has more than 32,500 stores in almost 5,000 localities across Russia. The company actively helps society in solving social problems. The document contains detailed descriptions of the procedures and directions of charitable assistance, provides a description of the projects, indicating the goals and results obtained. A special section provides information on the group's activities to support local producers, including small farms. Their supply to the network allows us to develop production and support the employment of the local population.
The section of the report devoted to waste disposal deserves special attention. The Group has achieved significant success here, especially in the disposal of shipping packaging, which is fully recyclable and recyclable.
Despite the substantial amount of material presented, the document is easily perceived due to its logical structure and convenient navigation. Tables of compliance with standards and recommendations do not overload the text of the report, but are included in separate appendices. The document is equipped with interactive navigation, allowing you to comfortably navigate between sections.
Appreciating the quality and completeness of the report, the AK&M Rating Agency recommends that information on other indirect greenhouse gas emissions (coverage 3) be included in it.
The rating of non-financial reporting was assigned based on the methodology adopted by the AK&M Rating Agency.
The ESG reporting rating has been calculated by the AK&M Rating Agency since 2020. The research focuses on the completeness of the presentation of information on sustainable development in reports, as well as its accessibility. The study examines 96 markers. The main purpose of the rating is to show the professional community the best practices in disclosing information about the social and environmental activities of companies.
