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 39,577,210 kg CO2e from Scope 2, 18,243,850 kg CO2e from Scope 1, and 9,619,500 kg CO2e from Scope 3 emissions. The Scope 1 emissions included 76,180 kg CO2e from mobile combustion and 9,619,500 kg CO2e from fugitive emissions. The company has disclosed emissions data across all three scopes, indicating a comprehensive approach to carbon accounting. Minda Corporation has committed to near-term climate targets, although specific reduction targets have not been detailed. 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 of Minda Corporation Limited, which influences its emissions data and climate strategies. While the company has not set a net-zero target, it is committed to reducing its carbon footprint and aligning with industry standards for climate action. The emissions data and commitments underscore Minda Corporation's role in addressing climate change and its impact on the environment.
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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.
