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.
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.
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.
Mahindra's score of 59 is higher than 99% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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 51.8% reduction in absolute Scope 1 and 2 emissions by FY30 from a FY21 baseline. Additionally, Mahindra aims to decrease Scope 3 emissions by 51.6% per megawatt peak (MWp) over the same period. Furthermore, Mahindra has pledged to achieve net-zero emissions by 2040, aligning with India's broader commitment to reach net-zero by 2070. The company also aims for a 47% reduction in Scope 1 and 2 emissions per equivalent product unit by 2033, alongside a 30% reduction in Scope 3 emissions per sold product unit from a 2018 baseline. These targets are consistent with the science-based targets initiative (SBTi) and reflect Mahindra's commitment to sustainable practices in the automotive sector.
Access structured emissions data, company-specific emission factors, and source documents
2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
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 |
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.