Happiest Minds Technologies Ltd

Common Name
Happiest Minds Technologies
Country
India
Sector
Technology
Industry
Information Technology Services
Employees
4,886
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 2023, 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) and Scope 2 (indirect emissions from purchased energy).

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)2023202220212020 - 2017
Total Scope 1
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Total Scope 2
Unspecified Calculation Method
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Total Scope 3
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Total Scope 1 Revenue Intensity (tCO2e/$M)
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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. Explore Happiest Minds Technologies’s data sources below and access millions more through our Disclosure Search.

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

Insights into Happiest Minds Technologies's Operational Emissions

In 2023, the total operational greenhouse gas (GHG) emissions of Happiest Minds Technologies amounted to 2,432.32 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 2022, the total operational greenhouse gas (GHG) emissions of Happiest Minds Technologies increased by 168.16%, suggesting that the company faced challenges in reducing its emissions from its core operations. a

Happiest Minds Technologies's Scope 1 Emissions Over Time

202120222023015304560tCO2e+4%+107%
  • Total Scope 1
  • Year-over-Year Change

What are Happiest Minds Technologies's Scope 1 emissions?

In 2023, the total Scope 1 emissions of Happiest Minds Technologies were 57.37 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 116.57%, reflecting a rising long-term trend in Scope 1 emissions over time. a

Compared to the previous year (2022), Happiest Minds Technologies's Scope 1 emissions increased by 107.26%, suggesting that the company faced challenges in reducing emissions from its directly owned or controlled operations. a

What are Happiest Minds Technologies's Scope 2 emissions?

In 2023, Happiest Minds Technologies reported Scope 2 greenhouse gas (GHG) emissions of 2,374.95 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 192.82%, reflecting a rising long-term trend in Scope 2 emissions over time. a

Compared to the previous year (2022), Happiest Minds Technologies's Scope 2 emissions (Unspecified Calculation Method) rose by 170.08% in 2023, suggesting that the company faced challenges in reducing emissions from purchased electricity and energy a

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

In 2023, Happiest Minds Technologies reported its Scope 2 emissions using an unspecified methodology. a

Happiest Minds Technologies's Scope 2 Emissions Over Time

20212022202306001.2 k1.8 k2.4 ktCO2e
  • Total Scope 2 (Unspecified Calculation Method)

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

In 2023, Happiest Minds Technologies reported Scope 1 greenhouse gas (GHG) emissions of 57.37 tCO₂e and total revenues of USD 174 millions. This translates into an emissions intensity of 0.33 tCO₂e per millions USD. a

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

102002,00020,000200,000Scope 1 Emissions (tCO2e)0.252002,000100,000Revenues (Millions of USD)Tech MahindraYear: 2025Scope 1: 12,435 tCO2eRevenue: $M 6,202Scope 1 Intensity: 2.01 tCO2e/$MFirstsource SolutionsYear: 2023Scope 1: 366 tCO2eRevenue: $M 729Scope 1 Intensity: 0.50 tCO2e/$MCoforgeYear: 2025Scope 1: 1,265 tCO2eRevenue: $M 1,410Scope 1 Intensity: 0.90 tCO2e/$MHexaware TechnologiesYear: 2023Scope 1: 2,701 tCO2eRevenue: $M 1,261Scope 1 Intensity: 2.14 tCO2e/$MVakrangeeYear: 2023Scope 1: 27 tCO2eRevenue: $M 24Scope 1 Intensity: 1.11 tCO2e/$MBirlasoftYear: 2023Scope 1: 76 tCO2eRevenue: $M 584Scope 1 Intensity: 0.13 tCO2e/$MAdani Total GasYear: 2024Scope 1: 80,497 tCO2eRevenue: $M 0Scope 1 Intensity: 396,331.95 tCO2e/$MTata Consultancy ServicesYear: 2024Scope 1: 21,949 tCO2eRevenue: $M 28,888Scope 1 Intensity: 0.76 tCO2e/$MTata TechnologiesYear: 2024Scope 1: 134 tCO2eRevenue: $M 613Scope 1 Intensity: 0.22 tCO2e/$MMphasisYear: 2023Scope 1: 172 tCO2eRevenue: $M 1,681Scope 1 Intensity: 0.10 tCO2e/$MZensar TechnologiesYear: 2023Scope 1: 49 tCO2eRevenue: $M 590Scope 1 Intensity: 0.08 tCO2e/$MWaaree EnergiesYear: 2025Scope 1: 357 tCO2eRevenue: $M 1,691Scope 1 Intensity: 0.21 tCO2e/$ML&T Technology ServicesYear: 2024Scope 1: 247 tCO2eRevenue: $M 1,157Scope 1 Intensity: 0.21 tCO2e/$MSterlite TechnologiesYear: 2023Scope 1: 8,913 tCO2eRevenue: $M 827Scope 1 Intensity: 10.78 tCO2e/$MKPIT TechnologiesYear: 2024Scope 1: 688 tCO2eRevenue: $M 584Scope 1 Intensity: 1.18 tCO2e/$MLTIMindtreeYear: 2023Scope 1: 1,663 tCO2eRevenue: $M 4,041Scope 1 Intensity: 0.41 tCO2e/$MPersistent SystemsYear: 2025Scope 1: 275 tCO2eRevenue: $M 1,397Scope 1 Intensity: 0.20 tCO2e/$MDixon Technologies (India)Year: 2024Scope 1: 621 tCO2eRevenue: $M 2,112Scope 1 Intensity: 0.29 tCO2e/$MHCL TechnologiesYear: 2024Scope 1: 12,508 tCO2eRevenue: $M 13,180Scope 1 Intensity: 0.95 tCO2e/$MTejas NetworksYear: 2024Scope 1: 720 tCO2eRevenue: $M 278Scope 1 Intensity: 2.60 tCO2e/$MWiproYear: 2024Scope 1: 6,515 tCO2eRevenue: $M 10,763Scope 1 Intensity: 0.61 tCO2e/$MOFSSYear: 2024Scope 1: 372 tCO2eRevenue: $M 764Scope 1 Intensity: 0.49 tCO2e/$MWNS (Holdings)Year: 2024Scope 1: 2,737 tCO2eRevenue: $M 1,323Scope 1 Intensity: 2.07 tCO2e/$MInfosysYear: 2024Scope 1: 7,150 tCO2eRevenue: $M 18,562Scope 1 Intensity: 0.39 tCO2e/$MHappiest Minds TechnologiesYear: 2023Scope 1: 57 tCO2eRevenue: $M 174Scope 1 Intensity: 0.33 tCO2e/$M

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

In 2023, Happiest Minds Technologies reported a Scope 1 emissions intensity of 0.33 tCO₂e per millions USD. Compared to the peer group median of 0.55 , this places the company below its industry benchmark, indicating it is more carbon-efficient than most competitors. a

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

In 2023, Happiest Minds Technologies ranked 9 out of 24 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e per millions USD). a

Happiest Minds Technologies is therefore positioned in the mid-range of its industry, neither a clear leader nor a laggard in carbon efficiency. a

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