Mazagon Dock Shipbuilders Sustainability Profile
Mazagon Dock Shipbuilders Limited (MDL), headquartered in Mumbai, India, is a premier shipbuilding company renowned for its expertise in naval shipbuilding and submarine construction. Established in 1934, MDL has achieved significant milestones, including the successful delivery of various warships and submarines to the Indian Navy, solidifying its position as a key player in the defence sector. Operating primarily in the maritime industry, Mazagon Dock focuses on the design, construction, and repair of a diverse range of vessels, including destroyers, frigates, and submarines. Its commitment to innovation and quality has earned it a reputation for delivering advanced maritime solutions tailored to the needs of the Indian Armed Forces. With a strong market presence, MDL continues to contribute to India's maritime capabilities, reflecting its status as a leader in the shipbuilding domain.
DitchCarbon Score
How does Mazagon Dock Shipbuilders'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 Business 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
Mazagon Dock Shipbuilders's score of 26 is lower than 51% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Mazagon Dock Shipbuilders's reported carbon emissions
In 2023, Mazagon Dock Shipbuilders reported total carbon emissions of approximately 10,265,990 kg CO2e, comprising 505,300 kg CO2e from Scope 1 and 9,760,690 kg CO2e from Scope 2 emissions. The previous year, 2022, the company recorded total emissions of about 13,150,150 kg CO2e, with Scope 1 emissions at 589,130 kg CO2e and Scope 2 emissions at 12,561,020 kg CO2e. Mazagon Dock Shipbuilders has not disclosed any Scope 3 emissions data, nor have they set specific reduction targets or climate pledges. The absence of documented reduction initiatives suggests a need for further commitment to climate action within the industry context. The company’s emissions data is not cascaded from any parent organization, indicating that these figures are independently reported. Overall, while Mazagon Dock Shipbuilders has made strides in tracking its emissions, the lack of comprehensive climate commitments and reduction targets highlights an area for potential improvement in their sustainability strategy.
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| 2022 | 2023 | |
|---|---|---|
| Scope 1 | 589,130 | 000,000 |
| Scope 2 | 12,561,020 | 0,000,000 |
| Scope 3 | - | - |
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Mazagon Dock Shipbuilders's Climate Goals (2030 & 2050)
Climate goals typically focus on 2030 interim targets and 2050 net-zero commitments, aligned with global frameworks like the Paris Agreement and Science Based Targets initiative (SBTi) to ensure alignment with global climate goals.
Mazagon Dock Shipbuilders has not publicly committed to specific 2030 or 2050 climate goals through the major frameworks we track. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
