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.
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.
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.
Mahanagar Gas's score of 34 is higher than 81% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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 for Scope 1, 91,526,000 kg CO2e for Scope 2, and about 2,817,372,000 kg CO2e for Scope 3. This indicates a significant reliance on indirect emissions, particularly from the use of sold products, which accounted for approximately 2,337,377,000 kg CO2e. The company has shown a trend of increasing emissions over the years, with total emissions rising from approximately 1,678,648,000 kg CO2e in 2021 to the current figure. Despite this increase, Mahanagar Gas has not publicly disclosed specific reduction targets or initiatives aimed at mitigating its carbon footprint. The absence of documented reduction targets suggests a need for enhanced climate commitments in line with industry standards. Mahanagar Gas operates within the natural gas sector in India, where the transition to cleaner energy sources is critical for addressing climate change. The company’s emissions profile highlights the importance of developing comprehensive strategies to reduce both direct and indirect emissions, particularly in Scope 3, which represents the majority of their carbon output.
Access structured emissions data, company-specific emission factors, and source documents
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 |
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 participating in any 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.