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.
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.
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.
Mahindra's score of 49 is higher than 97% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2023, Mahindra & Mahindra Ltd. reported total greenhouse gas emissions of approximately 80,214,591,000 kg CO2e across all scopes. This includes 58,935,000 kg CO2e from Scope 1, which encompasses direct emissions from owned or controlled sources, and 202,306,000 kg CO2e from Scope 2, related to indirect emissions from the generation of purchased electricity. The majority of emissions, approximately 80,214,591,000 kg CO2e, stem from Scope 3, which includes emissions from the use of sold products and other indirect sources. Mahindra has set ambitious targets to reduce its carbon footprint. The company aims to achieve a 47% reduction in Scope 1 and Scope 2 emissions per equivalent product unit by 2033, using 2018 as the base year. Additionally, it has committed to a 30% reduction in Scope 3 emissions per sold product unit by the same year. These targets align with the Science Based Targets initiative (SBTi) and are designed to contribute to global efforts to limit temperature rise to well below 2°C. Overall, Mahindra's climate commitments reflect a proactive approach to sustainability within the automotive sector, focusing on significant reductions in greenhouse gas emissions across all scopes by 2033.
Access structured emissions data, company-specific emission factors, and source documents
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 |
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 committed to some 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.