Minda Corporation Limited
Minda Corporation Limited, commonly referred to as Minda, is a prominent player in the automotive components industry, headquartered in India. Established in 1958, the company has evolved into a leading manufacturer of a diverse range of products, including automotive switches, lighting systems, and electronic components, catering to both domestic and international markets. With a strong presence in major operational regions across India and beyond, Minda has achieved significant milestones, including strategic partnerships and expansions that enhance its market position. The company is renowned for its commitment to innovation and quality, offering unique solutions that meet the evolving needs of the automotive sector. Minda's dedication to excellence has solidified its reputation as a trusted supplier, making it a key contributor to the automotive industry's growth.
DitchCarbon Score
How does Minda Corporation Limited'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 Motor Vehicle Retail 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
Minda Corporation Limited's score of 19 is lower than 84% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Minda Corporation Limited's reported carbon emissions
In 2023, Minda Corporation Limited reported total carbon emissions of approximately 57,000,000 kg CO2e. This figure includes Scope 1 emissions of about 18,243,850 kg CO2e, which comprise mobile combustion emissions of approximately 76,180 kg CO2e and fugitive emissions of about 9,619,500 kg CO2e. Additionally, the company recorded Scope 2 emissions of around 39,577,210 kg CO2e and Scope 3 emissions, specifically from purchased goods and services, amounting to approximately 9,619,500 kg CO2e. Minda Corporation has committed to near-term climate targets, although specific reduction targets have not been disclosed. The company is actively engaged in climate initiatives, reflecting its commitment to sustainability within the automobiles and components sector. Notably, Minda Corporation is a current subsidiary and inherits its emissions data from its own corporate structure, ensuring that its climate commitments align with broader corporate sustainability goals. While Minda Corporation has not set a net-zero target, it remains committed to reducing its carbon footprint and enhancing its environmental performance. The company’s emissions data and climate commitments are crucial for stakeholders interested in its sustainability practices and overall environmental impact.
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| 2023 | |
|---|---|
| Scope 1 | 18,243,850 |
| Scope 2 | 39,577,210 |
| Scope 3 | 9,619,500 |
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.
Minda Corporation Limited 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.
