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 80% 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 61,000,000 kg CO2e. This figure includes 18,243,850 kg CO2e from Scope 1 emissions, which encompass direct emissions from owned or controlled sources, and 39,577,210 kg CO2e from Scope 2 emissions, related to indirect emissions from the generation of purchased electricity, steam, heating, and cooling. Additionally, the company reported 9,619,500 kg CO2e in Scope 3 emissions, primarily from purchased goods and services. Minda Corporation has committed to near-term climate targets, although specific reduction targets have not been disclosed. The company is actively engaged in sustainability initiatives within the automobiles and components sector, reflecting its commitment to addressing climate change. Notably, Minda Corporation is a current subsidiary of a larger corporate family, inheriting emissions data and climate commitments from its parent organisation. The company has not yet committed to a net-zero target but remains focused on reducing its carbon footprint through various initiatives. As part of its climate strategy, Minda Corporation is aligned with industry standards and practices, demonstrating a proactive approach to managing its 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.
