Mahindra Lifespace Developers Limited, a prominent player in the Indian real estate sector, is headquartered in Mumbai, India. Founded in 1994, the company has established itself as a leader in residential and commercial development, with a strong presence in major cities across India, including Bengaluru, Pune, and Chennai. Specialising in sustainable urban development, Mahindra Lifespace focuses on creating integrated townships and eco-friendly residential projects. Their commitment to innovation and sustainability sets them apart, as they incorporate green building practices and smart technologies into their developments. With numerous accolades for excellence in construction and design, Mahindra Lifespace Developers continues to strengthen its market position, contributing significantly to the evolution of urban living in India.
How does Mahindra Lifespace Developers'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 Real Estate Services 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 Lifespace Developers's score of 63 is higher than 80% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2024, Mahindra Lifespace Developers reported total greenhouse gas emissions of approximately 460,188,440 kg CO2e. This figure includes Scope 1 emissions of about 281,570 kg CO2e, Scope 2 emissions of approximately 2,396,820 kg CO2e, and significant Scope 3 emissions totalling around 457,510,060 kg CO2e. The combined Scope 1 and 2 emissions amounted to about 1,551,890 kg CO2e. The company has set ambitious climate commitments, aiming for a 63% reduction in absolute Scope 1 and 2 emissions by 2033, using 2018 as the base year. Additionally, Mahindra Lifespace Developers is targeting a 20% reduction in absolute Scope 3 emissions by the same year. These targets are aligned with the Science Based Targets initiative (SBTi) and reflect the company's commitment to sustainable practices in the real estate and infrastructure development sector. The emissions data is cascaded from Mahindra Lifespace Developers Limited, which is a current subsidiary of Mahindra & Mahindra Limited. The company is actively working towards these reduction goals, demonstrating a proactive approach to addressing climate change and reducing its carbon footprint.
Access structured emissions data, company-specific emission factors, and source documents
2019 | 2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|---|
Scope 1 | 47,000 | 000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 000,000 |
Scope 2 | 315,000 | 0,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 0,000,000 |
Scope 3 | 845,290,000 | 000,000,000 | 00,000,000,000 | 00,000,000,000 | 00,000,000,000 | 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 Lifespace Developers 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.