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MAHINDRA AND MAHINDRA FINANCIAL SERVICES LIMITED (MMFSL)
Greenhouse gas emissions & sustainability report data
In its 2023 reporting, MAHINDRA AND MAHINDRA FINANCIAL SERVICES LIMITED (MMFSL) disclosed greenhouse gas emissions of 18.1K tCO2e/year. By scope: Scope 1: 2.0K tCO2e/year; Scope 2: 16.0K tCO2e/year; Scope 3: 15.6K tCO2e/year. Figures are as stated in the company's own report and may use different boundaries, units or methods (for example market-based vs location-based Scope 2), so compare with care.
GHG Emissions
18.1K tCO2e/year
2023
Water Usage
233.6K KL/year
2023
Waste
77.01 tons/year
2023
Energy Use
112.5K GJ/year
2023
📊 Emissions by Scope (2023)
| Scope | What it covers | Reported value |
|---|---|---|
| Scope 1 | Direct emissions from sources the company owns or controls (fuel combustion, company vehicles, process and fugitive emissions). | 2.0K tCO2e/year |
| Scope 2 | Indirect emissions from purchased electricity, steam, heat and cooling. | 16.0K tCO2e/year |
| Scope 3 | Other indirect emissions across the value chain (purchased goods, business travel, use of sold products, etc.). | 15.6K tCO2e/year |
New to scopes? Read Scope 1, 2 and 3 emissions explained and market-based vs location-based Scope 2.
📈 Emissions by Report Period
| Report period | Headline emissions figure reported |
|---|---|
| 2023 | 18.1K tCO2e/year |
| 2020-04 to 2021-03 | 1.5K tCO2e (Scope 1) + 13858.73 tCO2e (Scope 2) + 13051.28 tCO2e (Scope 3) = 38433.34 tCO2e/year |
Each row is the headline figure extracted from a different report; scope coverage and methodology can change between years.
✅ Reported Environmental Achievements
- Maintaining declining trend in CO2 emissions per employee (tons of CO2eq) per employee
- Increase the tree plantation with focus on survival rate
- Financing M&M Electric vehicles
- Recycled 17+ tones of paper and 59+ tones of e-waste through Government registered recyclers.
- Installation of higher efficiency air conditioners resulting in a total of 9,58,638 kWh electricity being saved
- Replaced conventional fans with efficient BLDC fans at 19 branches.
🎯 Climate & Sustainability Targets
🔭 Long-term
- Carbon neutral in the near future
🌱 ESG Focus Areas
EnvironmentSocialGovernance