Mahindra Lifespace Developers
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.
DitchCarbon Score
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.
Industry Average
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.
Industry Benchmark
Mahindra Lifespace Developers's score of 50 is higher than 97% 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 Lifespace Developers's reported carbon emissions
In 2023, Mahindra Lifespace Developers reported significant carbon emissions, totalling approximately 58936000 kg CO2e for Scope 1, 202306000 kg CO2e for Scope 2, and 79695190000 kg CO2e for Scope 3 emissions. This reflects their ongoing commitment to sustainability within the real estate sector. The company has set ambitious targets to reduce its greenhouse gas emissions. Specifically, Mahindra Lifespace Developers aims to achieve a 63% reduction in absolute Scope 1 and 2 emissions by 2033, using 2018 as the baseline year. Additionally, they are committed to a 20% reduction in absolute Scope 3 emissions by the same year. These targets align with the Science Based Targets initiative (SBTi) and are designed to support global efforts to limit temperature rise to 1.5°C. Overall, Mahindra Lifespace Developers is actively working towards reducing its carbon footprint and enhancing its sustainability practices, reflecting a strong commitment to addressing climate change in the real estate and infrastructure development sectors.
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| 2012 | 2013 | 2014 | 2015 | 2016 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Scope 1 | 1,209,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 00,000 | 00,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
| Scope 2 | 6,941,000 | 0,000,000 | 0,000,000 | 0,000,000 | 00,000,000 | 000,000 | 000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 |
| Scope 3 | 1,469,000 | 000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 000,000,000 | 000,000,000 | 00,000,000,000 | 00,000,000,000 | 00,000,000,000 | 00,000,000,000 |
Industry emissions intensity
Location emissions intensity
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 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.
