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Mahindra and Mahindra

Mahindra & Mahindra is a publicly listed company headquartered in Mumbai, India. In 2020, it had USD 6 billion group revenue and produced 250,000 light duty vehicles. The company has limited four-wheeler electric vehicle sales and has made little progress in reducing emissions to date.

Ranking position
Total score
Performance score
Narrative Score
Trend Score
  • Trend line is up
  • Trend line is equal
  • Trend line is down
Performance module name Performance module score Rank (0-30)


#1 1.0 /3 #12

Material Investment

#1 0.0 /0.4 #16

Intangible Investment

#1 0.0 /2.4 #7

Sold product performance

#1 0.7 /7 #28


#1 1.5 /2.2 #4

Supplier Engagement

#1 0.3 /1.2 #11

Client Engagement

#1 0.2 /0.8 #18

Policy Engagement

#1 0.5 /1.2 #11

Business Model

#1 0.4 /1.8 #12
Indicates the score for the top performing company.

Leading practices

No leading practices were identified for this company.

Risks and opportunities


M&M receives a trend score of -. If the company were reassessed in the near future, its score would likely decrease. M&M is projected to exceed its scope 3 carbon budget by 31% between 2020 and 2025. Recent trends in low-carbon vehicle sales and emissions intensities suggest the company is unlikely to deliver significant emission reductions in the short-term. M&M’s emissions targets are unlikely to be met with just two planned new EV models and the upgrade to the Chakan plant planned. Its partnership with REE Automotive to develop commercial EVs could reduce emissions in the longer-term.

Progress towards the Paris Agreement

Just Transition Assessment

In this report, we present five key thematic findings showing how 180 companies can increase their ambition towards a transition to a low-carbon future that is just and equitable for the people and communities at risk of being affected by it.

See results for

  1. 2020

More about the company

Mumbai, India
Revenue (2020)
USD 6.0 billion
Publicly listed
Number of vehicles sold (2020)

This company is part of the SDG2000, the 2.000 most influential companies

See company profile