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Magnit

Magnit is a large-scale domestic food retailer, with over 21,000 convenience stores and supermarkets located in more than 3,700 localities and 65 regions throughout Russia. The company is also vertically integrated, supplementing it's own private-label food products with several plants for growing vegetables and producing confectionary and other food products, as well as operating drogeries outside of its food activities. Magnit was founded in 1994 in Krasnador, where the company's headquarters remain and from where it coordinates distribution operations across 38 centres and a fleet of 5,700 trucks.

Ranking position
#138/350
Total score
22.2/100
Measurement area Score Rank (0-350)

Governance and strategy

#1 5.0 / 10 #88

Environment

#1 5.6 / 30 #173

Nutrition

#1 2.5 / 30 #173

Social inclusion

#1 9.1 / 30 #73
Segment Rank
Agricultural products and commodities #52
Food and beverage manufacturers/processors #93
Food retailers #28

Segment ranking summary

Magnit is a vertically integrated retailer operating in the agricultural commodities and products, food and beverage manufacturers/processors, and food retailers segment. The company ranks 52nd out of 142, 93rd out of 233, and 28th out of 62 in these segments, respectively. Compared to its peers in all segments, Magnit performs well on the governance and strategy as well as the social inclusion measurement area, where it ranks in the top 30%. The company ranks in the middle of the pack for the environment and nutrition measurement areas with several opportunities for improved disclosure.

Risks and opportunities

Risks and opportunities

Core social indicators

The core social indicators are part of the social inclusion measurement area. These indicators assess societal expectations of business conduct that companies should meet if they aspire to be part of a system transformation that leaves no one behind.

More about the company

Headquarters
Krasnodar, Russia
Food and agriculture revenue USD
21,502,698,300
Group revenue USD
18,942,853,200
Onwnership structure
Publicly listed
Number of employees
316,001
Website
https://magnit-info.ru

This company is part of the SDG2000, the 2.000 most influential companies

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