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Happiest Minds Technologies Ltd

Common Name
Happiest Minds Technologies
Country
India
Sector
Technology
Industry
Information Technology Services
Employees
6,548
Ticker
HAPPSTMNDS
Exchange
NATIONAL STOCK EXCHANGE OF INDIA
Description
Happiest Minds Technologies Ltd. is a digital transformation and IT solutions provider, focusing on enhancing the digital experience for businesses worldwide. Founded in 2011, this Indian-based compan...

Happiest Minds Technologies's GHG Emissions Data Preview

In 2025, Happiest Minds Technologies completed a corporate carbon footprint assessment and publicly disclosed its greenhouse gas (GHG) emissions according to the GHG Protocol, covering Scope 1 (direct emissions from owned or controlled sources), Scope 2 (indirect emissions from purchased energy) and Scope 3 (indirect emissions across the value chain).

However, Happiest Minds Technologies has not published a category-level breakdown of its Scope 3 emissions, limiting visibility into specific value chain sources.

Metric (tCO2e)2025202420232022-2019
Total Scope 1
2,023.75a
2,483.76a
57.37a
Total Scope 2
Unspecified Calculation Method
5,744.16a
5,683.81a
2,374.95a
Total Scope 3
9,343.76a
6,590.34a
N/A
Total Scope 1 Revenue Intensity (tCO2e/$M)
8.3903a
12.749a
0.3295a
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Verified Sources Behind Happiest Minds Technologies’s Greenhouse Gas (GHG) Emissions Data

Every figure on this dashboard has a transparent audit trail. With Tracenable, each data point is traceable back to its original source, viewable directly inside our platform.

a. Happiest Minds Technologies's Integrated Report 2025
b. Happiest Minds Technologies's Integrated Report 2023

Insights into Happiest Minds Technologies's Operational Emissions

In 2025, the total operational greenhouse gas (GHG) emissions of Happiest Minds Technologies amounted to 7,767.91 metric tons of CO2 equivalent. This figure includes both direct emissions from owned or controlled sources (Scope 1) and indirect emissions from purchased energy (Scope 2).a

Compared to 2024, the total operational greenhouse gas (GHG) emissions of Happiest Minds Technologies decreased by 4.89%, showing that the company has made progress in taking action to reduce the climate impact of its operations.a

Happiest Minds Technologies's Scope 1 Emissions Over Time

2021202220232024202506501.3 k1.95 k2.6 ktCO2e+4%+107%+4229%-19%
  • Total Scope 1
  • Year-over-Year Change

What are Happiest Minds Technologies's Scope 1 emissions?

In 2025, the total Scope 1 emissions of Happiest Minds Technologies were 2,023.75 metric tons of CO₂ equivalent (tCO₂e).a

Has Happiest Minds Technologies reduced its Scope 1 emissions over time?

Since 2021, Happiest Minds Technologies's Scope 1 emissions have increased by 7,539.68%, reflecting a rising long-term trend in Scope 1 emissions over time.ab

Compared to the previous year (2024), Happiest Minds Technologies's Scope 1 emissions decreased by 18.52%, highlighting the company's efforts to lower direct emissions from assets it owns or controls.a

What are Happiest Minds Technologies's Scope 2 emissions?

In 2025, Happiest Minds Technologies reported Scope 2 greenhouse gas (GHG) emissions of 5,744.16 tCO₂e without specifying the calculation method.a

Has Happiest Minds Technologies reduced its Scope 2 emissions over time?

Since 2021, Happiest Minds Technologies's Scope 2 greenhouse gas (GHG) emissions (Unspecified Calculation Method) have increased by 608.24%, reflecting a rising long-term trend in Scope 2 emissions over time.ab

Compared to the previous year (2024), Happiest Minds Technologies's Scope 2 emissions (Unspecified Calculation Method) have remained relatively stable, indicating that Happiest Minds Technologies's emissions have plateaued with no significant change in its energy consumption footprint.a

What methodology does Happiest Minds Technologies use for Scope 2 reporting?

In 2025, Happiest Minds Technologies reported its Scope 2 emissions using an unspecified methodology.a

Happiest Minds Technologies's Scope 2 Emissions Over Time

2021202220232024202501.5 k3 k4.5 k6 ktCO2e
  • Total Scope 2 (Unspecified Calculation Method)

Insights into Happiest Minds Technologies's Value Chain Emissions

In 2025, Happiest Minds Technologies reported 9,343.76 metric tons of CO₂ equivalent (tCO₂e) of Scope 3 greenhouse gas (GHG) emissions, representing indirect emissions across its upstream and downstream value chain.a

The 2025 disclosure of Happiest Minds Technologies includes a breakdown across 0 of the 15 Scope 3 categories defined by the GHG Protocol, matching the level of disclosure in 2024, demonstrating consistent Scope 3 emissions reporting coverage year over year.a

Happiest Minds Technologies's Scope 3 Emissions Over Time

2024202502.5 k5 k7.5 k10 ktCO2e+42%
  • Total Scope 3
  • Year-over-Year Change

What are Happiest Minds Technologies's Scope 3 emissions?

In 2025, Happiest Minds Technologies reported total Scope 3 emissions of 9,343.76 metric tons of CO₂ equivalent (tCO₂e).a

Compared to the previous year (2024), Happiest Minds Technologies's Scope 3 emissions increased by 41.78%, suggesting that the company faced challenges in reducing emissions across its value chain.a

Insights into Happiest Minds Technologies’s GHG Emissions Intensity Compared to Industry Peers

In 2025, Happiest Minds Technologies reported Scope 1 greenhouse gas (GHG) emissions of 2,023.75 tCO₂e and total revenues of USD 241 millions. This translates into an emissions intensity of 8.39 tCO₂e per millions USD.a

Happiest Minds Technologies's Scope 1 Emissions Intensity Compared to Peers

5505005,00050,000Scope 1 Emissions (tCO2e)101001,00010,000100,000Revenues (Millions of USD)Obic Business ConsultantsYear: 2024Scope 1: 9 tCO2eRevenue: $M 277Scope 1 Intensity: 0.03 tCO2e/$MInfotelYear: 2025Scope 1: 130 tCO2eRevenue: $M 346Scope 1 Intensity: 0.38 tCO2e/$MAmperYear: 2024Scope 1: 3,839 tCO2eRevenue: $M 437Scope 1 Intensity: 8.79 tCO2e/$MNedapYear: 2025Scope 1: 659 tCO2eRevenue: $M 329Scope 1 Intensity: 2.00 tCO2e/$MVakrangeeYear: 2023Scope 1: 27 tCO2eRevenue: $M 24Scope 1 Intensity: 1.11 tCO2e/$MBirlasoftYear: 2025Scope 1: 472 tCO2eRevenue: $M 629Scope 1 Intensity: 0.75 tCO2e/$MZensar TechnologiesYear: 2023Scope 1: 49 tCO2eRevenue: $M 590Scope 1 Intensity: 0.08 tCO2e/$MFirstsource SolutionsYear: 2024Scope 1: 113 tCO2eRevenue: $M 760Scope 1 Intensity: 0.15 tCO2e/$MTata TechnologiesYear: 2025Scope 1: 701 tCO2eRevenue: $M 605Scope 1 Intensity: 1.16 tCO2e/$MHexaware TechnologiesYear: 2024Scope 1: 1,121 tCO2eRevenue: $M 1,396Scope 1 Intensity: 0.80 tCO2e/$MWNS (Holdings)Year: 2024Scope 1: 2,737 tCO2eRevenue: $M 1,323Scope 1 Intensity: 2.07 tCO2e/$ML&T Technology ServicesYear: 2025Scope 1: 321 tCO2eRevenue: $M 1,129Scope 1 Intensity: 0.28 tCO2e/$MMphasisYear: 2024Scope 1: 164 tCO2eRevenue: $M 1,592Scope 1 Intensity: 0.10 tCO2e/$MCoforgeYear: 2025Scope 1: 1,265 tCO2eRevenue: $M 1,413Scope 1 Intensity: 0.90 tCO2e/$MPersistent SystemsYear: 2025Scope 1: 275 tCO2eRevenue: $M 1,397Scope 1 Intensity: 0.20 tCO2e/$MLTMYear: 2025Scope 1: 1,542 tCO2eRevenue: $M 4,449Scope 1 Intensity: 0.35 tCO2e/$MTech MahindraYear: 2025Scope 1: 12,435 tCO2eRevenue: $M 6,202Scope 1 Intensity: 2.01 tCO2e/$MWiproYear: 2025Scope 1: 8,046 tCO2eRevenue: $M 10,426Scope 1 Intensity: 0.77 tCO2e/$MHCL TechnologiesYear: 2025Scope 1: 12,901 tCO2eRevenue: $M 13,700Scope 1 Intensity: 0.94 tCO2e/$MInfosysYear: 2025Scope 1: 8,745 tCO2eRevenue: $M 19,279Scope 1 Intensity: 0.45 tCO2e/$MTata Consultancy ServicesYear: 2025Scope 1: 20,495 tCO2eRevenue: $M 29,885Scope 1 Intensity: 0.69 tCO2e/$MComputer Age Management ServicesYear: 2025Scope 1: 909 tCO2eRevenue: $M 166Scope 1 Intensity: 5.46 tCO2e/$MHappiest Minds TechnologiesYear: 2025Scope 1: 2,024 tCO2eRevenue: $M 241Scope 1 Intensity: 8.39 tCO2e/$M

How does Happiest Minds Technologies's GHG emissions intensity compare to its peers?

In 2025, Happiest Minds Technologies reported a Scope 1 emissions intensity of 8.39 tCO₂e per millions USD. Compared to the peer group median of 0.76, this places the company above its industry benchmark, indicating it is less carbon-efficient than most competitors.a

Where does Happiest Minds Technologies rank on GHG emissions intensity within its industry?

In 2025, Happiest Minds Technologies ranked 22 out of 22 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e per millions USD).a

This places Happiest Minds Technologies among the least efficient performers, with one of the highest emissions intensities in its sector.a

Insights into Happiest Minds Technologies's Total Carbon Footprint

In 2025, Happiest Minds Technologies reported a total carbon footprint of 17,111.67 metric tons of CO₂ equivalent (tCO₂e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 15.95% increase compared to 2024, suggesting a rise in emissions across its operations or value chain.a

The largest contributor to Happiest Minds Technologies's total carbon footprint was Scope 3 emissions, accounting for 54.6% of the company's total carbon footprint, followed by Scope 2 emissions at 33.57%.a

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