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 44 is higher than 94% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2023, Mahindra Lifespace Developers reported significant greenhouse gas emissions, totalling approximately 202,306,000 kg CO2e from Scope 2, 58,936,000 kg CO2e from Scope 1, and a substantial 79,695,190,000 kg CO2e from Scope 3 emissions. This reflects their ongoing commitment to sustainability within the real estate sector. The company has set ambitious targets to reduce its carbon footprint. Specifically, Mahindra Lifespace Developers aims to achieve a 63% reduction in absolute Scope 1 and Scope 2 greenhouse gas 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 environmental impact through these strategic commitments, demonstrating leadership in the real estate and infrastructure development sectors in India.
Access structured emissions data, company-specific emission factors, and source documents
Add to project2019 | 2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|---|
Scope 1 | 47,000 | 00,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
Scope 2 | 315,000 | 000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 |
Scope 3 | 623,856,000 | 000,000,000 | 00,000,000,000 | 00,000,000,000 | 00,000,000,000 | 00,000,000,000 |
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 committed to some reduction initiatives 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.