Mahanagar Gas Ltd

Common Name
Mahanagar Gas
Country
India
Sector
Utilities
Industry
Utilities - Regulated Gas
Employees
579
Ticker
MGL
Exchange
NATIONAL STOCK EXCHANGE OF INDIA
Description
Mahanagar Gas Ltd. is a leading player in the distribution of natural gas in India. Established to promote the use of natural gas as an affordable and environmentally friendly energy source, the compa...

Mahanagar Gas's GHG Emissions Data Preview

In 2023, Mahanagar Gas 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, Mahanagar Gas 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 Mahanagar Gas’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 Mahanagar Gas’s data sources below and access millions more through our Disclosure Search.

a. Mahanagar Gas's Annual Report 2023
a. Mahanagar Gas's Annual Report 2023

Insights into Mahanagar Gas's Operational Emissions

In 2023, the total operational greenhouse gas (GHG) emissions of Mahanagar Gas amounted to 104,927 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 Mahanagar Gas decreased by 31.18%, showing that the company has made progress in taking action to reduce the climate impact of its operations. a

Mahanagar Gas's Scope 1 Emissions Over Time

20222023020 k40 k60 k80 ktCO2e-82%
  • Total Scope 1
  • Year-over-Year Change

What are Mahanagar Gas's Scope 1 emissions?

In 2023, the total Scope 1 emissions of Mahanagar Gas were 13,721 metric tons of CO₂ equivalent (tCO₂e). a

Compared to the previous year (2022), Mahanagar Gas's Scope 1 emissions decreased by 81.71%, highlighting the company's efforts to lower direct emissions from assets it owns or controls. a

What are Mahanagar Gas's Scope 2 emissions?

In 2023, Mahanagar Gas reported Scope 2 greenhouse gas (GHG) emissions of 91,206 tCO₂e without specifying the calculation method. a

Has Mahanagar Gas reduced its Scope 2 emissions over time?

Compared to the previous year (2022), Mahanagar Gas's Scope 2 emissions (Unspecified Calculation Method) rose by 17.78% in 2023, suggesting that the company faced challenges in reducing emissions from purchased electricity and energy a

What methodology does Mahanagar Gas use for Scope 2 reporting?

In 2023, Mahanagar Gas reported its Scope 2 emissions using an unspecified methodology. a

Mahanagar Gas's Scope 2 Emissions Over Time

20222023025 k50 k75 k100 ktCO2e
  • Total Scope 2 (Unspecified Calculation Method)

Insights into Mahanagar Gas’s GHG Emissions Intensity Compared to Industry Peers

In 2023, Mahanagar Gas reported Scope 1 greenhouse gas (GHG) emissions of 13,721 tCO₂e and total revenues of USD 765 millions. This translates into an emissions intensity of 17.95 tCO₂e per millions USD. a

Mahanagar Gas's Scope 1 Emissions Intensity Compared to Peers

5005,000100,0001,000,00020,000,000Scope 1 Emissions (tCO2e)2001,0005,00020,000100,000Revenues (Millions of USD)Gail (India)Year: 2024Scope 1: 3,467,989 tCO2eRevenue: $M 15,932Scope 1 Intensity: 217.68 tCO2e/$MSnamYear: 2024Scope 1: 1,175,381 tCO2eRevenue: $M 3,692Scope 1 Intensity: 318.35 tCO2e/$MAygazYear: 2023Scope 1: 5,401 tCO2eRevenue: $M 2,194Scope 1 Intensity: 2.46 tCO2e/$MChesapeake UtilitiesYear: 2023Scope 1: 192,505 tCO2eRevenue: $M 671Scope 1 Intensity: 287.06 tCO2e/$MSpireYear: 2023Scope 1: 333,327 tCO2eRevenue: $M 2,666Scope 1 Intensity: 125.01 tCO2e/$MAtmos EnergyYear: 2023Scope 1: 156,162 tCO2eRevenue: $M 4,275Scope 1 Intensity: 36.53 tCO2e/$MKoreaGasCorpYear: 2023Scope 1: 249,923 tCO2eRevenue: $M 34,868Scope 1 Intensity: 7.17 tCO2e/$MMDU Resources GroupYear: 2023Scope 1: 1,963,433 tCO2eRevenue: $M 4,657Scope 1 Intensity: 421.58 tCO2e/$MToho GasYear: 2023Scope 1: 52,077 tCO2eRevenue: $M 5,301Scope 1 Intensity: 9.82 tCO2e/$MChina Gas HoldingsYear: 2024Scope 1: 259,833 tCO2eRevenue: $M 10,403Scope 1 Intensity: 24.98 tCO2e/$MIndraprastha GasYear: 2023Scope 1: 728,886 tCO2eRevenue: $M 1,716Scope 1 Intensity: 424.82 tCO2e/$MENN Natural GasYear: 2024Scope 1: 3,862,800 tCO2eRevenue: $M 18,623Scope 1 Intensity: 207.42 tCO2e/$MENN Energy HoldingsYear: 2024Scope 1: 101,468 tCO2eRevenue: $M 16,395Scope 1 Intensity: 6.19 tCO2e/$MUGIYear: 2023Scope 1: 1,070,316 tCO2eRevenue: $M 8,928Scope 1 Intensity: 119.88 tCO2e/$MEnagasYear: 2023Scope 1: 294,649 tCO2eRevenue: $M 1,005Scope 1 Intensity: 293.32 tCO2e/$MGujarat GasYear: 2023Scope 1: 2,910 tCO2eRevenue: $M 2,030Scope 1 Intensity: 1.43 tCO2e/$MBlack HillsYear: 2023Scope 1: 4,512,017 tCO2eRevenue: $M 2,331Scope 1 Intensity: 1,935.41 tCO2e/$MNew Jersey ResourcesYear: 2023Scope 1: 50,068 tCO2eRevenue: $M 1,963Scope 1 Intensity: 25.51 tCO2e/$MHong Kong and China GasYear: 2024Scope 1: 1,628,000 tCO2eRevenue: $M 7,143Scope 1 Intensity: 227.92 tCO2e/$MONE GasYear: 2023Scope 1: 417,058 tCO2eRevenue: $M 2,372Scope 1 Intensity: 175.83 tCO2e/$MChina Suntien Green EnergyYear: 2023Scope 1: 2,107 tCO2eRevenue: $M 2,854Scope 1 Intensity: 0.74 tCO2e/$MComgásYear: 2024Scope 1: 14,429 tCO2eRevenue: $M 2,500Scope 1 Intensity: 5.77 tCO2e/$MAPA GroupYear: 2024Scope 1: 1,905,327 tCO2eRevenue: $M 2,021Scope 1 Intensity: 942.76 tCO2e/$MOsaka GasYear: 2025Scope 1: 4,440,000 tCO2eRevenue: $M 13,797Scope 1 Intensity: 321.81 tCO2e/$MMahanagar GasYear: 2023Scope 1: 13,721 tCO2eRevenue: $M 765Scope 1 Intensity: 17.95 tCO2e/$M

How does Mahanagar Gas's GHG emissions intensity compare to its peers?

In 2023, Mahanagar Gas reported a Scope 1 emissions intensity of 17.95 tCO₂e per millions USD. Compared to the peer group median of 150.42 , this places the company below its industry benchmark, indicating it is more carbon-efficient than most competitors. a

Where does Mahanagar Gas rank on GHG emissions intensity within its industry?

In 2023, Mahanagar Gas ranked 8 out of 24 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e per millions USD). a

Mahanagar Gas 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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