Mahindra Lifespace Developers

Mahindra Lifespace Developers has committed to several climate actions, with its Science Based Targets initiative (SBTi) commitments cascading from the company itself. The company aims to reduce absolute Scope 1 and 2 greenhouse gas emissions by 63% by 2033, from a 2018 base year. Additionally, Mahindra Lifespace Developers is committed to reducing absolute Scope 3 emissions by 20% by 2033, also from a 2018 base year. These targets are classified as 1.5°C-aligned for Scope 1 and 2 emissions, reflecting a commitment to limiting global warming.

While recent emissions data for all scopes is not available for 2024 or 2025, in 2023, Mahindra Lifespace Developers reported Scope 1 and 2 emissions of approximately 2,248,910 kg CO2e and Scope 3 emissions of about 312,391,470 kg CO2e. Looking further back, in 2020, the company reported Scope 1 emissions of approximately 397,000 kg CO2e, Scope 2 emissions of about 2,675,000 kg CO2e, and Scope 3 emissions of around 588,743,000 kg CO2e.

Historical data shows that in 2016, the company's Scope 1 emissions were approximately 1,753,000 kg CO2e, Scope 2 emissions were around 11,459,000 kg CO2e, and Scope 3 emissions totalled about 1,329,000 kg CO2e. In 2015, Scope 1 emissions were roughly 2,582,000 kg CO2e, Scope 2 emissions were approximately 9,934,000 kg CO2e, and Scope 3 emissions stood at around 1,416,000 kg CO2e. For 2014, Scope 1 emissions were about 2,830,000 kg CO2e, Scope 2 emissions were around 8,516,000 kg CO2e, and Scope 3 emissions were approximately 2,441,000 kg CO2e. In 2013, Scope 1 emissions were roughly 1,219,000 kg CO2e, Scope 2 emissions were about 6,923,000 kg CO2e, and Scope 3 emissions were around 980,000 kg CO2e. Finally, in 2012, Scope 1 emissions were approximately 1,209,000 kg CO2e, Scope 2 emissions were about 6,941,000 kg CO2e, and Scope 3 emissions were around 1,469,000 kg CO2e.