- Supply chain disruptions due to climate events
- Extreme temperatures impacting operations and employee health
- Water scarcity
- Increased frequency of natural calamities
- Transition to electric vehicles
- Changes in existing and upcoming laws and regulations
- Attracting and retaining talent in climate change expertise
Mahindra & Mahindra Ltd.
Greenhouse gas emissions & sustainability report data
In its 2023-04 to 2024-03 reporting, Mahindra & Mahindra Ltd. disclosed greenhouse gas emissions of 386.7K tCO2e/year. By scope: Scope 1: 60.4K tCO2e/year; Scope 2: 209.0K tCO2e/year; Scope 3: 76.6M 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
386.7K tCO2e/year
2023-04 to 2024-03
Renewable Energy
33%
of total energy
Water Usage
2.0M m3/year
2023-04 to 2024-03
Waste
10.4K tons/year
2023-04 to 2024-03
Energy Use
2.5M GWh/year
2023-04 to 2024-03
📊 Emissions by Scope (2023-04 to 2024-03)
| 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). | 60.4K tCO2e/year |
| Scope 2 | Indirect emissions from purchased electricity, steam, heat and cooling. | 209.0K tCO2e/year |
| Scope 3 | Other indirect emissions across the value chain (purchased goods, business travel, use of sold products, etc.). | 76.6M 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 |
|---|---|
| 2023-04 to 2024-03 | 386.7K tCO2e/year |
| 2022-04 to 2023-03 | 261.2K tCO2e/year (Scope 1+2) |
| 2021-04 to 2022-03 | 289.4K tCO2e/year (Scope 1+2) |
| 2020-04 to 2021-03 | 63.7M tCO2e/year (Scope 3) |
Each row is the headline figure extracted from a different report; scope coverage and methodology can change between years.
✅ Reported Environmental Achievements
- Reduced specific water withdrawal at AS by 11%, FES by 7%
- Increased energy productivity at Farm division by 94%, Auto division by 119%
- Scope 1+2 specific emission reduction for Auto division by 10%, Farm Sector by 1%
- 38.7% of water recycled and reused
- 64% of hazardous waste recycled
- 69% of waste diverted in FY24
- More than 75% of M&M sites are Zero Waste to Landfill certified
- Planted 2.27 million trees by M&M under Project Hariyali
- Renewable electricity consumption stood at 33% in FY24
🎯 Climate & Sustainability Targets
🔜 Short-term
- Reduce net freshwater consumption by 5% annually over the next three years
- Plant five million trees annually by 2026
📅 Medium-term
- Achieve 100% renewable energy by 2030
- Double energy productivity by 2030
🔭 Long-term
- Achieve carbon neutrality by 2040
🌱 ESG Focus Areas
Climate ChangeSustainable Supply ChainWater SecurityHealth & SafetyProduct StewardshipWaste ManagementCSR ManagementWomen EmpowermentGirls' Education