Public Profile

Minda

Minda, officially known as Minda Corporation Limited, is a prominent player in the automotive components industry, headquartered in India. Established in 1958, the company has evolved significantly, expanding its operations across major regions including Asia and Europe. Minda is renowned for its innovative solutions in the manufacturing of automotive lighting, electrical systems, and safety products, setting itself apart with a strong focus on quality and sustainability. With a commitment to excellence, Minda has achieved notable milestones, including strategic partnerships and a robust presence in the global market. The company’s core offerings, such as advanced lighting systems and cutting-edge electronic components, are designed to enhance vehicle performance and safety. Minda's reputation for reliability and innovation positions it as a leader in the automotive sector, making it a trusted choice for manufacturers worldwide.

DitchCarbon Score

How does Minda'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.

8

Industry Average

Mean score of companies in the Furniture Manufacturing 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.

15

Industry Benchmark

Minda's score of 8 is higher than 58% of the industry. This can give you a sense of how well the company is doing compared to its peers.

58%

Minda's reported carbon emissions

In 2023, Minda reported total carbon emissions of approximately 39,577,210 kg CO2e from Scope 2 and about 18,243,850 kg CO2e from Scope 1, resulting in a combined total of approximately 46,697,900 kg CO2e. This represents an increase in emissions compared to 2022, where the total was about 31,606,800 kg CO2e from Scope 2 and approximately 1,299,640 kg CO2e from Scope 1, leading to a total of about 70,558,000 kg CO2e. For 2024, Minda's emissions are projected to be approximately 36,948,000 kg CO2e from Scope 2 and about 8,731,000 kg CO2e from Scope 1, resulting in a total of around 45,680,000 kg CO2e. Despite these figures, Minda has not disclosed any specific reduction targets or initiatives aimed at decreasing their carbon footprint. The absence of documented climate pledges or targets suggests a need for further commitment to sustainability practices within the industry context.

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Add to project
202220232024
Scope 1
1,299,640
00,000,000
0,000,000
Scope 2
31,606,800
00,000,000
00,000,000
Scope 3
-
-
-

Industry emissions intensity

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. Minda's primary industry is Furniture; other manufactured goods n.e.c. (36), which is low in terms of carbon intensity compared to other industries.

Location emissions intensity

Very low
Low
Medium
High
Very high
The carbon intensity of the energy grid powering a company's primary operations has a strong influence on its overall carbon footprint. Minda is headquartered in IN, which has a rank of very high, indicating very high grid carbon 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.

Minda is not committed to any 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.

Science Based Targets Initiative
Carbon Disclosure Project
The Climate Pledge
UN Global Compact
Carbon Disclosure Project
The Climate Pledge
UN Global Compact

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Where does DitchCarbon data come from?

Discover our data-driven methodology for measuring corporate climate action and benchmarking against industry peers