Our ESG Mission
We leverage technology for a stronger economy, a healthier planet and inclusive communities — acting responsibly through every business decision.
"Magnolia values technology as a key driver for a better future—stronger economies, a healthier environment, and inclusive communities. We recognize our responsibility to positively impact the world through every business decision we make."
Our initiatives
Made for real impact
Environmental
We are carbon-neutral
We are a carbon-neutral company since 2022, and we continue to lower our carbon footprint every year.
Social
Driving equal pay and social impact
We are convinced that organizations that are diverse, family-friendly, and offer equal pay perform better.
Governance
Committed to good governance
We strive to improve our structures and policies to implement a robust governance model.
Environmental
Reduce footprint
Our commitment to addressing climate change is guided by the United Nations' Net Zero Emissions Commitments of Non-State Entities (HLEG) framework. Following the discontinuation of the UN FCCC's initiative, we have formally adopted the HLEG standards to ensure our pledges are credible and fully accountable. Our transition plan is focused on absolute emission reduction and accelerating the shift to renewable energy, which we publicly disclose annually to increase transparency.
Magnolia is proud to contribute to global climate action through the Verified Carbon Standard (VCS) program, underscoring our ongoing commitment to sustainability and responsible business practices.
CO2 footprint (after climate contribution)
Renewable energy usage in 2024
+ 30% vs. 2022
kWh total energy consumption 2024
- 47% vs. 2022
Equal Pay Ratio
Turnover rate
Nationalities
Governance
Good governance
Magnolia achieved the ISO 27001:2022 certification by QMS in 2019 to demonstrate our commitment to robust information security management. Besides our high standards in information security, we introduced several policies related to sustainable business development, for example, our Corporate Social Responsibility Policy.
We also achieved the SOC 2 Type 1 certification, which will further validate the effectiveness of our controls and processes related to security, availability, processing integrity, confidentiality, and privacy. We obtained SOC 2 Type 2 in 2024.
ISO 27001:2022 certified since 2019
SOC 2 Type I certified since 2023
Governance policies introduced in 2022
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SOcial
Drive equality, diversity and inclusion
We are proud to highlight our achievements in promoting diversity and equality within our organization, including Equal Pay 1.0 and a 23% female staff representation. Our focus on staff development has resulted in a low attrition rate of 9% (the pace at which people leave a company) and 34% employee engagement (like an ongoing conversation between employer and employee).
In 2025, we aim to expand diversity activities and improve engagement to create a more inclusive workplace.