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Public Profile
Financial Intermediation
IN
updated 10 days ago

Mahindra And Mahindra Financial Services

Company website

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.

DitchCarbon Score

How does Mahindra And Mahindra Financial Services'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.

63

Industry Average

Mean score of companies in the Financial Intermediation 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.

30

Industry Benchmark

Mahindra And Mahindra Financial Services's score of 63 is higher than 79% of the industry. This can give you a sense of how well the company is doing compared to its peers.

79%

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Mahindra And Mahindra Financial Services's reported carbon emissions

In 2025, Mahindra And Mahindra Financial Services reported significant carbon emissions, totalling approximately 40,220,020 kg CO2e for Scope 1, 13,182,910 kg CO2e for Scope 2, and 7,758,450 kg CO2e for Scope 3. This data reflects their commitment to transparency in emissions reporting, with all three scopes disclosed. The company has set ambitious reduction targets, committing to a 50.4% reduction in absolute Scope 1 and Scope 2 greenhouse gas emissions by FY2032, using FY2023 as the baseline year. Additionally, they aim to reduce Scope 3 emissions per employee by 58.1% within the same timeframe. These targets are aligned with the Science Based Targets initiative (SBTi), ensuring that their strategies contribute to limiting global warming to 1.5°C. Mahindra And Mahindra Financial Services's emissions data is cascaded from its parent company, Mahindra & Mahindra Limited, which underscores the integrated approach to sustainability within the corporate family. The company is actively working towards these goals, demonstrating a commitment to reducing its carbon footprint and addressing climate change effectively.

Unlock detailed emissions data

Access structured emissions data, company-specific emission factors, and source documents

202220232024
Scope 1
1,306,900
0,000,000
0,000,000
Scope 2
12,695,840
00,000,000
00,000,000
Scope 3
821,540
00,000,000
00,000,000

Industry emissions intensity

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. Mahindra And Mahindra Financial Services's primary industry is Financial intermediation services, except insurance and pension funding services (65), which is very low in terms of carbon intensity compared to other industries.

Location emissions intensity

Very low
Low
Medium
High
Very high
The carbon intensity of the energy grid powering a company's primary operations has a strong influence on its overall carbon footprint. This request for Mahindra And Mahindra Financial Services is in IN, which has a very high grid carbon intensity relative to other regions.

Reduction initiatives & disclosure networks

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 And Mahindra Financial Services is participating in some 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.

Science Based Targets Initiative
Carbon Disclosure Project
The Climate Pledge
UN Global Compact
RE 100
Climate Action 100
Race To Net Zero
Reduction Actions

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Where does DitchCarbon data come from?

Discover our data-driven methodology for measuring corporate climate action and benchmarking against industry peers

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