The present disclosure provides a catalyst composition comprising a catalytically active platinum group metal (PGM) component disposed on or impregnated in a magnetic ferrite support material, wherein the magnetic ferrite support material is capable of inductive heating in response to an applied alternating electromagnetic field. Further provided are catalyst articles comprising such compositions, and components comprising such catalyst articles, and further comprising a conductor associated with the catalyst article for receiving current and generating an alternating electromagnetic field in response thereto, wherein the conductor is positioned such that the generated alternating electromagnetic field is applied to at least a portion of the catalyst composition, inductively heating the catalyst composition directly at the catalytic site. Also provided are exhaust gas treatment systems including such components and/or articles, and methods of treating emissions utilizing such components and systems.