Mahindra And Mahindra Financial Services
Mahindra and Mahindra Financial Services Limited, commonly referred to as Mahindra Finance, is a leading player in the financial services sector in India. Headquartered in Mumbai, the company operates extensively across various regions, providing tailored financial solutions to meet diverse customer needs. Founded in 1994, Mahindra Finance has achieved significant milestones, establishing itself as a trusted partner in the industry.
Specialising in vehicle financing, rural financing, and insurance services, Mahindra Finance distinguishes itself through its customer-centric approach and innovative products. The company has garnered a strong market position, recognised for its commitment to empowering individuals and businesses in rural and semi-urban areas. With a robust portfolio and a focus on sustainable growth, Mahindra Finance continues to play a pivotal role in enhancing financial inclusion across India.
+17 vs industry average
Mahindra And Mahindra Financial Services’s score of 52 is higher than 72% 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
Financial Intermediation is among the least carbon-intensive industries
Industry performance
The Financial Intermediation industry has increased its overall emissions by 11% since 2019
Emissions trajectory 2020 – 2027
Reported emissions
Scope 3 accounts for ••• of total emissions.
Mahindra And Mahindra Financial Services's reported carbon emissions
In 2024, Mahindra & Mahindra Financial Services reported total greenhouse gas emissions of approximately 20,000,000 kg CO2e, comprising 2,893,650 kg CO2e from Scope 1, 12,850,520 kg CO2e from Scope 2, and 18,299,850 kg CO2e from Scope 3 emissions. The company has set ambitious targets to reduce its absolute Scope 1 and Scope 2 emissions by 50.4% by FY2032, using FY2023 as the base year. Additionally, it aims to decrease Scope 3 emissions per employee by 58.1% within the same timeframe. These targets are aligned with the Science Based Targets initiative (SBTi) and reflect the company's commitment to addressing climate change. Mahindra & Mahindra Financial Services operates as a current subsidiary of Mahindra & Mahindra Limited, with emissions data and climate commitments cascaded from the parent company. The organization is actively working towards these reduction goals, demonstrating a proactive approach to sustainability in the financial services sector.
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Mahindra And Mahindra Financial Services’s Climate Goals (2030 & 2050)
No climate goals have been disclosed for Mahindra And Mahindra Financial Services yet.
Scope 3 top emissions categories
No scope 3 category breakdown has been disclosed yet.
Climate initiatives
Science Based Targets Initiative
Carbon Disclosure Project
The Climate Pledge
UN Global Compact Climate Champions initiative
Inherited from Mahindra & Mahindra Limited
RE 100
Climate Action 100
Emissions comparison with industry peers
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Mahindra And Mahindra Financial Services
Frequently asked questions
Common questions about Mahindra And Mahindra Financial Services’s sustainability data and climate commitments
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