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 41 is higher than 65% 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, headquartered in India, reported total greenhouse gas emissions of approximately 460,188,440 kg CO2e. This figure includes 281,570 kg CO2e from Scope 1 emissions, 2,396,820 kg CO2e from Scope 2 emissions, and a significant 457,510,060 kg CO2e from Scope 3 emissions. The company has set ambitious targets to reduce its carbon footprint, committing to a 63% reduction in absolute Scope 1 and 2 emissions by 2033, using 2018 as the base year. Additionally, it aims for a 20% reduction in absolute Scope 3 emissions by the same year. In 2023, Mahindra Lifespace Developers reported total emissions of approximately 146,060,000 kg CO2e in India, with Scope 1 emissions at 20,390,000 kg CO2e and Scope 2 emissions at 125,670,000 kg CO2e. The company’s commitment to sustainability is further reinforced by its alignment with the Science Based Targets initiative (SBTi), which validates its reduction targets as consistent with the goal of limiting global warming to 1.5°C. The emissions data is cascaded from Mahindra Lifespace Developers Limited, reflecting its corporate family relationship with Mahindra & Mahindra Limited. The company continues to focus on enhancing its sustainability practices and reducing its environmental impact across all operational scopes.
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| 2019 | 2020 | 2021 | 2023 | 2024 | |
|---|---|---|---|---|---|
| Scope 1 | 47,000 | 000,000 | 00,000 | - | 000,000 |
| Scope 2 | 315,000 | 0,000,000 | 000,000 | - | 0,000,000 |
| Scope 3 | 845,290,000 | 000,000,000 | 000,000,000 | 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.
