Mahindra And Mahindra Financial Services Sustainability Profile
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.
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.
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.
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Mahindra And Mahindra Financial Services's reported carbon emissions
In 2025, Mahindra And Mahindra Financial Services reported significant carbon emissions, with Scope 1 emissions at approximately 4,022,020 kg CO2e, Scope 2 emissions at about 13,182,910 kg CO2e, and Scope 3 emissions reaching around 7,758,450 kg CO2e. This data reflects a comprehensive approach to emissions reporting, covering all three scopes. The company has set ambitious climate commitments, aiming to reduce its absolute Scope 1 and Scope 2 greenhouse gas emissions by 50.4% by FY2032, using FY2023 as the baseline year. Additionally, it targets a 58.1% reduction in Scope 3 emissions per employee within the same timeframe. These targets are aligned with the Science Based Targets initiative (SBTi), indicating a commitment to climate action consistent with limiting global warming to 1.5°C. Mahindra And Mahindra Financial Services's emissions data is cascaded from its parent company, Mahindra & Mahindra Limited, ensuring a unified approach to sustainability across its corporate family. The company is actively working towards these reduction goals, demonstrating a proactive stance in addressing climate change and enhancing its environmental performance.
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| 2022 | 2023 | 2024 | |
|---|---|---|---|
| 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 |
How Carbon Intensive is Mahindra And Mahindra Financial Services's Industry?
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Mahindra And Mahindra Financial Services'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.
Mahindra And Mahindra Financial Services has established climate goals through participation in recognized frameworks and target-setting initiatives. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
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