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Mahindra and Mahindra Financial Services Ltd

Common Name
Mahindra Finance
Country
India
Sector
Financial Services
Industry
Credit Services
Employees
26,662
Ticker
M&MFIN
Exchange
National Stock Exchange of India
Description
Mahindra & Mahindra Financial Services Limited, a non-banking financial company, provides financial services in the rural and semi-urban areas in India. The company offers vehicle financing and leasin...

Mahindra Finance's Climate Target Data Preview

As of 2025, Mahindra Finance has disclosed 2 climate targets aimed at reducing its greenhouse gas (GHG) emissions. These include 1 absolute reduction target and 1 intensity-based target, signaling the company's commitment to managing and lowering its carbon footprint over time. The targets span various emissions scopes and time horizons, offering insight into Mahindra Finance's climate strategy, ambition level, and alignment with global decarbonization goals.

Target TypeScope of TargetUnitTargetTarget Year
Absolute-based Target
Scope 1 - Total, Scope 2 - Total
Metric Tonnes of CO2 equivalent (mtCO2e)
-50%a
2032
Intensity-based Target
Scope 3 - Total
Metric Tonnes of CO2 equivalent (mtCO2e) per Employee
-58%a
2032
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Verified Sources Behind Mahindra Finance’s Climate Targets 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. Mahindra Finance's Integrated Report 2025

Insights into Mahindra Finance's Greenhouse Gas Emissions Pathways

As of 2025, Mahindra Finance has set greenhouse gas (GHG) emissions reduction targets that cover both its operational emissions (Scope 1 and 2) and value chain emissions (Scope 3), offering a comprehensive view of its total carbon footprint.a

Does Mahindra Finance have a target to reduce the emissions from its operations?

As of 2025, Mahindra Finance has set a target to reduce its operational greenhouse gas (GHG) emissions, specifically those from Scope 1 and Scope 2 sources.a

Mahindra Finance's most ambitious operational target is to reduce these emissions by 50.4% by 2032, compared to a baseline of 22,774.93 Metric Tonnes of CO2 equivalent (mtCO2e) in 2023.a

As of 2025, Mahindra Finance is on track to meet its operational emissions reduction target, having achieved 20.3% of the planned reduction.a

Mahindra Finance's Operational (Scope 1+2) Emissions Pathway

20232025203206 k12 k18 k24 kCurrent (-10%)Target 2032 (-50%)

Does Mahindra Finance have a target to reduce the emissions from its value chain?

As of 2025, Mahindra Finance has set a target to reduce its value chain greenhouse gas (GHG) emissions, covering 1 out of the 15 Scope 3 categories defined by the GHG Protocol.a

Mahindra Finance's most ambitious value chain target is to reduce these emissions by 58.1% by 2032, compared to a baseline of 0.715 Metric Tonnes of CO2 equivalent (mtCO2e) per Employee in 2023.a

As of 2025, Mahindra Finance is ahead of schedule on its value chain emissions reduction target, having achieved 92.44% of the planned reduction.a

Mahindra Finance's Value Chain (Scope 3) Emissions Pathway

20232025203200.20.40.60.8BaselineCurrent (-54%)
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