Public data, as of October 2026

Company profile

Mahindra & Mahindra Limited

M&M.NSmahindra.comLatest disclosure 2025

Mahindra & Mahindra Limited reported about 95 million tCO₂e for 2025, and 100% of it sits in Scope 3, in the value chain beyond the company's own operations.

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SBTi statusValidated Targets

Near-term status: Validated Targets. Net-zero status: Commitment Removed.

Where insetting fits

Scope 3 is 100% of the footprint, the part of the value chain that supplier emissions reductions can reach.

Peer position

Scope 3 is 100% of the footprint, close to the peer median of 99%.

Voluntary retirements

No voluntary retirement names this company as beneficiary yet.

Emissions

How the reported footprint breaks down by scope and year.

tCO₂e, GHG Protocol scopes
Source: published disclosure, FY2025

Peer benchmark

How Mahindra & Mahindra Limited compares with its industry peers on Scope 3.

Peers: companies in the SBTi industry "Automobiles and Components", by Scope 3 share of the latest reported footprint.

CompanyScope 3 share%

Mahindra & Mahindra LimitedThis company100%
Toyota Motor Corporation99%

Company profile

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Related projects

None yet

Inset projects on Carbon3None yet

Reported emissions by year

Scope 1
Scope 2
Scope 3

FY2025

Scope 1, direct	67,829<1%
Scope 2, purchased energy	249,830<1%
Scope 3, value chain	94,555,745100%
Total	94,873,404

Years without a matched disclosure stay open until a published source is matched.

Source document: mahindra.com

Scope 3 by category, 2025

11 categories itemized

C1Purchased Goods and Services11.9 Mt13%
C3Fuel and Energy Related Activities78 kt<1%
C4Upstream Transportation and Distribution105 kt<1%
C5Waste Generated in Operations3 kt<1%
C6Business Travel18 kt<1%
C7Employee Commuting5 kt<1%
C8Upstream Leased Assets8 kt<1%
C9Downstream Transportation and Distribution154 kt<1%
C11Use of Sold ProductsLargest category82.1 Mt87%
C12End-of-Life Treatment of Sold Products52 kt<1%
C14Franchises79 kt<1%

Climate targets

What the SBTi listing says about the company's targets.

Status as published by the SBTi

Primary SBTi record: Mahindra & Mahindra Limited

Near-term targetValidated Targets

Classification: Well-below 2°C/2°C
Target year: 2033

Net-zero targetCommitment Removed

Net-zero year: Not listed

Linked SBTi records

Mahindra Heavy Engines LtdLinked SBTi recordValidated Targets

These records are also linked to the company in the Data Hub. The primary record above is the one whose registry name matches the company most closely.

Carbon3 shows each record exactly as the SBTi publishes it, and does not assess, rate or endorse targets. A validated target says nothing about any market instrument.

Voluntary retirements

Voluntary credits retired for this company on public registries.

Registry records naming the company as beneficiary

No voluntary credit retirements linked to this company

Carbon3 has not found a retirement in the public voluntary carbon market registry data it tracks that names this company as the beneficiary.

Volkswagen AG

99%

Peugeot S.A.99%

General Motors Company99%

Ford Motor Company99%

thyssenkrupp AG90%

Peer median: 99%Scope 3 boundaries differ between reports, so compare shares with care.

Scope 3 position

Near the peer median

The company's Scope 3 share is 100%, against a peer median of 99%.

Disclosure coverage

6 of 6 disclose

6 of 6 named peers report all three scopes, so their Scope 3 share can be compared.

Research summary

What the public record says about this company's decarbonization.

No report has been generated for this company yet

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Related projects

Decarbonization projects that name the company as a partner.

Emerging projects catalog, status as reported by each project

No projects linked to this company yet

Carbon3 has not yet found a public decarbonization project that names this company.

No inset projects are listed for this company yet.

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