Mahanagar Gas
Mahanagar Gas Limited, commonly referred to as MGL, is a leading player in the natural gas distribution industry in India. Headquartered in Mumbai, the company primarily operates in the Mumbai Metropolitan Region and surrounding areas, providing clean and efficient energy solutions. Founded in 1995, MGL has achieved significant milestones, including the expansion of its pipeline network and the introduction of innovative services. Mahanagar Gas focuses on the distribution of piped natural gas (PNG) and compressed natural gas (CNG), catering to residential, commercial, and industrial customers. Its commitment to safety, reliability, and environmental sustainability sets it apart in the market. As a pioneer in the sector, MGL has garnered a strong market position, recognised for its customer-centric approach and operational excellence in the energy landscape.
DitchCarbon Score
How does Mahanagar Gas'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 Insurance Services 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
Mahanagar Gas's score of 32 is higher than 83% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Mahanagar Gas's reported carbon emissions
In 2023, Mahanagar Gas reported total carbon emissions of approximately 3,141,745,000 kg CO2e, with emissions distributed across various scopes: 232,847,000 kg CO2e from Scope 1, 91,526,000 kg CO2e from Scope 2, and 2,817,372,000 kg CO2e from Scope 3. This represents a significant increase in emissions compared to previous years, where in 2022, total emissions were about 2,327,658,000 kg CO2e. Mahanagar Gas has disclosed emissions data for all three scopes, indicating a comprehensive approach to tracking their carbon footprint. However, the company has not set specific reduction targets or initiatives as part of their climate commitments, which may limit their ability to effectively address climate change impacts. The company’s emissions profile highlights the importance of focusing on Scope 3 emissions, which constitute the majority of their total emissions, primarily from the use of sold products. This suggests a need for strategies aimed at reducing emissions throughout their value chain. Overall, while Mahanagar Gas has made strides in transparency regarding their emissions, the absence of defined reduction targets may hinder their long-term climate strategy.
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| 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|
| Scope 1 | 70,166,000 | 00,000,000 | 00,000,000 | 000,000,000 | 000,000,000 |
| Scope 2 | 78,166,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
| Scope 3 | 2,093,612,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 |
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.
Mahanagar Gas is not committed to any 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.
