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 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.
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Mahindra Lifespace Developers's reported carbon emissions
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 company has set ambitious targets to reduce its absolute Scope 1 and 2 emissions by 63% by 2033, using 2018 as the base year. This commitment is aligned with the Science Based Targets initiative (SBTi) and reflects a strong commitment to climate action. In 2023, the total emissions were reported at approximately 146,060,000 kg CO2e, with Scope 1 emissions at about 60,359,000 kg CO2e and Scope 2 emissions at approximately 202,306,000 kg CO2e. The Scope 3 emissions for that year were significantly higher, reaching around 79,695,190,000 kg CO2e. Mahindra Lifespace Developers has also committed to reducing its Scope 3 emissions by 20% by 2033, again using 2018 as the baseline. These targets demonstrate the company's proactive approach to managing its carbon footprint and contributing to global climate goals. The emissions data and reduction targets are cascaded from the parent company, Mahindra & Mahindra Limited, reflecting a corporate commitment to sustainability across its subsidiaries.
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| 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 |
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.
