Public Profile

Mahindra

Mahindra & Mahindra Limited, commonly known as Mahindra, is a leading multinational corporation headquartered in India. Established in 1945, the company has evolved into a prominent player in the automotive, agribusiness, aerospace, and information technology sectors, with significant operations across Asia, Africa, and the Americas. Renowned for its robust range of vehicles, including SUVs, tractors, and commercial vehicles, Mahindra stands out for its commitment to innovation and sustainability. The company has achieved notable milestones, such as being one of the largest tractor manufacturers globally and a key contributor to the electric vehicle market in India. With a strong market position and a reputation for quality, Mahindra continues to drive growth through its diverse portfolio, making it a significant force in the global automotive and industrial landscape.

DitchCarbon Score

How does Mahindra's carbon action stack up? DitchCarbon scores companies based on their carbon action and commitment to reducing emissions. Read about our methodology to learn more.

49

Industry Average

Mean score of companies in the Motor Vehicle Manufacturing industry. Comparing a company's score to the industry average can give you a sense of how well the company is doing compared to its peers.

2

Industry Benchmark

Mahindra's score of 49 is higher than 98% of the industry. This can give you a sense of how well the company is doing compared to its peers.

98%

Mahindra's reported carbon emissions

In 2023, Mahindra & Mahindra Limited reported total greenhouse gas emissions of approximately 261,241,000 kg CO2e, comprising 58,935,000 kg CO2e from Scope 1, 202,306,000 kg CO2e from Scope 2, and 80,214,591,000 kg CO2e from Scope 3 emissions. The company has set ambitious targets to reduce its carbon footprint, committing to a 47% reduction in Scope 1 and Scope 2 emissions per equivalent product unit by 2033, using 2018 as the base year. Additionally, Mahindra aims to decrease Scope 3 emissions by 30% per sold product unit by the same year. These targets align with the Science Based Targets initiative (SBTi) and are designed to support the global effort to limit temperature rise to well below 2°C. Mahindra's commitment reflects a proactive approach to sustainability within the automotive sector, addressing both direct and indirect emissions. The company is also focused on long-term strategies to achieve net-zero emissions, with specific reductions planned for both Scope 1 and Scope 2 emissions by 2050.

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201320142015201620172018201920202021202220232024
Scope 1
129,801,000
00,000,000
00,000,000
00,000,000
00,000,000
00,000,000
00,000,000
00,000,000
00,000,000
00,000,000
00,000,000
00,000,000
Scope 2
482,597,000
000,000,000
000,000,000
000,000,000
000,000,000
000,000,000
000,000,000
000,000,000
000,000,000
000,000,000
000,000,000
000,000,000
Scope 3
356,768,000
000,000,000
000,000,000
000,000,000
000,000,000
000,000,000
00,000,000,000
00,000,000,000
00,000,000,000
00,000,000,000
00,000,000,000
00,000,000,000

Industry emissions intensity

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. Mahindra's primary industry is Motor vehicles, trailers and semi-trailers (34), which is medium in terms of carbon intensity compared to other industries.

Location emissions intensity

Very low
Low
Medium
High
Very high
The carbon intensity of the energy grid powering a company's primary operations has a strong influence on its overall carbon footprint. Mahindra is headquartered in IN, which has a rank of very high, indicating very high grid carbon intensity.

Reduction initiatives & disclosure networks

Companies disclose and commit to reducing emissions to show they are serious about reducing emissions impact over time. They can also help a company track its progress over time.

Mahindra is committed to some reduction initiatives we track. This may change over time as the company engages with new initiatives or updates its commitments. DitchCarbon will update this information as it becomes available.

Science Based Targets Initiative
Carbon Disclosure Project
The Climate Pledge
UN Global Compact
Carbon Disclosure Project
The Climate Pledge
UN Global Compact

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