Mahindra Holidays And Resorts India

Mahindra Holidays and Resorts India Limited (MHRI) has set ambitious climate targets, aiming to achieve carbon neutrality by 2030. This commitment aligns with their broader industry context in hotel and restaurant services (55).

MHRI is committed to reducing greenhouse gas (GHG) emissions intensity. Specifically, they have committed to an 88.3% reduction in Scope 1 and Scope 2 GHG emissions per room night booked by 2031, using a 2016 base year. This target is validated by the Science Based Targets initiative (SBTi) and is considered consistent with the 1.5°C warming scenario. Furthermore, MHRI also commits to an 88.3% reduction in Scope 3 GHG emissions per room night booked over the same timeframe.

While no absolute emissions data in kg CO2e has been provided for MHRI, their reduction targets demonstrate a clear strategy for decarbonisation across their operations and value chain. These targets are part of a cascaded approach, with MHRI inheriting some climate initiatives from Mahindra & Mahindra Limited, its parent company, specifically for "Race to Zero" (RTZ) initiatives. Their SBTi targets, however, are set directly by Mahindra Holidays and Resorts India Limited.