Mahindra and Mahindra Financial Services Ltd
Mahindra Finance's Climate Target Data Preview
As of 2024, 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 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 Type | Scope of Target | Unit | Target | Target Year |
|---|---|---|---|---|
Absolute-based Target | Scope 1 - Total, Scope 2 - Total | Metric Tonnes of CO2 equivalent (mtCO2e) | Copy restricted. Please purchase to unlock this data.  a | 2032 |
Intensity-based Target | Scope 3 - Total | Metric Tonnes of CO2 equivalent (mtCO2e) per Employee | Copy restricted. Please purchase to unlock this data.  a | 2032 |
Create your Tracenable account today and download up to 5 company datasets of your choice for free. No credit card required.
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. Explore Mahindra Finance’s data sources below and access millions more through our Disclosure Search.
Sign up for Tracenable and access millions of corporate disclosures, including annual reports and sustainability filings from global companies, completely free of charge.
Insights into Mahindra Finance's Greenhouse Gas Emissions Pathways
As of 2024, 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 2024, 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 2024, Mahindra Finance is ahead of schedule on its operational emissions reduction target, having achieved 61.25% of the planned reduction. a
Mahindra Finance's Operational (Scope 1+2) Emissions Pathway
Does Mahindra Finance have a target to reduce the emissions from its value chain?
As of 2024, 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 2024, Mahindra Finance is lagging behind on its value chain emissions reduction target, having achieved 6.99% of the planned reduction. a