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.
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.
Industry Benchmark
Mahindra's score of 71 is higher than 99% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Mahindra's reported carbon emissions
In 2024, Mahindra & Mahindra reported total greenhouse gas emissions of approximately 76,626,951,000 kg CO2e, with emissions distributed across various scopes: 60,359,000 kg CO2e (Scope 1), 209,007,000 kg CO2e (Scope 2), and a significant 76,625,951,000 kg CO2e (Scope 3). The company has set ambitious targets to reduce its absolute Scope 1 and 2 emissions by 22% by 2030 and 50% by 2050, using 2016 as the baseline year. In 2023, Mahindra's emissions were approximately 80,214,591,000 kg CO2e, with Scope 1 emissions at 58,935,000 kg CO2e and Scope 2 at 202,306,000 kg CO2e. The company continues to focus on reducing its carbon footprint, committing to a 47% reduction in Scope 1 and 2 emissions per equivalent product unit by 2033 from a 2018 baseline. Additionally, Mahindra aims to cut Scope 3 emissions by 30% per sold product unit by 2033. Mahindra's climate strategy includes the establishment of a Special Purpose Vehicle for a solar power project, which is expected to avoid approximately 79,000 tonnes CO2 emissions annually, representing about 34% of its FY22 Scope 2 emissions. The company is also committed to achieving net-zero emissions by 2040 through renewable energy adoption and energy efficiency improvements. Overall, Mahindra's comprehensive approach to sustainability reflects its commitment to reducing greenhouse gas emissions across all scopes while contributing to India's broader climate goals.
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| 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 |
Industry emissions intensity
Location emissions 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 participating in some of the initiatives that 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.
