Mahanagar Gas Sustainability Profile
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 29 is lower than 54% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Mahanagar Gas's reported carbon emissions
In 2024, Mahanagar Gas reported total carbon emissions of approximately 3,086,000,000 kg CO2e, with emissions distributed across various scopes: 262,212,000 kg CO2e (Scope 1), 95,684,000 kg CO2e (Scope 2), and 3,055,816,000 kg CO2e (Scope 3). The previous year, 2023, saw total emissions of about 2,817,372,000 kg CO2e, comprising 232,847,000 kg CO2e (Scope 1), 91,526,000 kg CO2e (Scope 2), and 2,817,372,000 kg CO2e (Scope 3). Mahanagar Gas has not disclosed any specific reduction targets or initiatives as part of its climate commitments. The company does not appear to inherit emissions data from a parent organization, and all reported figures are sourced directly from Mahanagar Gas Limited. The company’s emissions per rupee of turnover for 2024 were approximately 0.0005216 kg CO2e for Scope 1 and 2 combined, indicating a focus on improving efficiency in relation to revenue generation. Mahanagar Gas continues to operate within the global context of increasing scrutiny on carbon emissions, particularly in the energy sector, where significant reductions are essential for meeting climate goals.
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| 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|
| Scope 1 | 70,166,000 | 00,000,000 | 000,000,000 | 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 |
How Carbon Intensive is Mahanagar Gas's Industry?
How Carbon Intensive is Mahanagar Gas's Location?
Mahanagar Gas's Climate Goals (2030 & 2050)
Climate goals typically focus on 2030 interim targets and 2050 net-zero commitments, aligned with global frameworks like the Paris Agreement and Science Based Targets initiative (SBTi) to ensure alignment with global climate goals.
Mahanagar Gas has not publicly committed to specific 2030 or 2050 climate goals through the major frameworks we track. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
