Mahindra & Mahindra Limited, commonly known as Mahindra, is a prominent Indian multinational corporation headquartered in Mumbai, India. Established in 1945, the company has grown to become a key player in the motor vehicles, trailers, and semi-trailers industry (SIC code 34), with a strong presence across India and international markets.
Specialising in the design and manufacture of utility vehicles, commercial trucks, and agricultural equipment, Mahindra is recognised for its durable and innovative products that cater to diverse customer needs. The company's commitment to quality and sustainability has helped it secure a significant market position, making it one of India's leading automotive manufacturers. With a history of strategic milestones and a focus on technological advancement, Mahindra continues to shape the future of mobility in the global automotive industry.
+31 vs industry average
Mahindra’s score of 63 is higher than 74% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Industry Intensity
Motor Vehicle Manufacturing has above-average carbon intensity
Industry performance
The Motor Vehicle Manufacturing industry has reduced its overall emissions by 35% since 2018
Emissions trajectory 2020 – 2028
Reported emissions
Scope 3 accounts for ••• of total emissions.
Mahindra's reported carbon emissions
Mahindra & Mahindra Ltd. in India, a key player in the motor vehicle manufacturing sector, has reported significant greenhouse gas (GHG) emissions. For the reporting year 2025, the company's total GHG emissions were approximately 94.9 billion kg CO2e, encompassing Scope 1, 2, and 3 emissions. This figure comprises approximately 67.8 million kg CO2e for Scope 1, about 249.8 million kg CO2e for Scope 2, and a substantial 94.6 billion kg CO2e for Scope 3.
The company's climate commitments include ambitious reduction targets. Mahindra is committed to achieving carbon neutrality by 2040. In alignment with the Science-Based Targets initiative (SBTi), Mahindra & Mahindra Ltd. has pledged to reduce its Scope 1 and Scope 2 GHG emissions by 47% per equivalent product unit by 2033, using 2018 as a baseline year. Furthermore, the company aims to reduce its Scope 3 GHG emissions by 30% per sold product unit within the same timeframe.
Historically, emissions data for Mahindra show:
- 2024: Approximately 76.9 billion kg CO2e in total emissions, with Scope 1 at around 60.4 million kg CO2e and Scope 2 at approximately 209 million kg CO2e.
- 2023: Total emissions were about 79.9 billion kg CO2e, with Scope 1 at approximately 58.9 million kg CO2e and Scope 2 at about 202.3 million kg CO2e.
- 2022: Total emissions amounted to approximately 66.1 billion kg CO2e, including Scope 1 at roughly 55.5 million kg CO2e and Scope 2 at approximately 233.9 million kg CO2e.
- 2021: Total emissions were about 63.4 billion kg CO2e, with Scope 1 at approximately 44.5 million kg CO2e and Scope 2 at about 205.6 million kg CO2e.
These targets and emissions reporting are cascaded from the ultimate parent organisation, Mahindra & Mahindra Limited.
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Mahindra’s Climate Goals (2030 & 2050)
11 goals2030
51.8% reduction in Scope 1
SBTi has endorsed Mahindra Susten’s commitment to reduce absolute scope 1 and 2 greenhouse gas (GHG) emissions 51.8% by FY30
2030
62% reduction in total GHG
Vs 2019 baseline. Validated by SBTi. Includes full supply chain.
2040
50% reduction in Scope 3 intensity
Across purchased goods and services and logistics.
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Scope 3 top emissions categories
11 of 15 categories disclosedSee all scope 3 categories
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Climate initiatives

Science Based Targets Initiative

Carbon Disclosure Project
The Climate Pledge
UN Global Compact Climate Champions initiative
RE 100
Climate Action 100
Emissions comparison with industry peers
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Common questions about Mahindra’s sustainability data and climate commitments
Data year: 2025
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