Sphera
Case Studies
Mahindra’s Decarbonization Pathway using the Science Based Targets (SBTs)
Overview
Mahindra’s Decarbonization Pathway using the Science Based Targets (SBTs)Sphera |
Analytics & Modeling - Data-as-a-Service | |
Automotive | |
Business Operation | |
Energy Management System | |
Cloud Planning, Design & Implementation Services Data Science Services | |
Operational Impact
Supported by Sphera’s sustainability experts, Mahindra & Mahindra Ltd. analyzed the data and committed to a SBT for the upcoming years. | |
The company’s emissions reduction targets have been successfully reviewed by the SBTi board and Mahindra abides to stay committed to the targets. | |
The company became a part of CDP (Climate Disclosure Project) Climate Change Rising Star 2019 List and received Bronze Class in DJSI’s (Dow Jones Sustainability Index) Global Sustainability Yearbook 2020. | |
Quantitative Benefit
30% reduction in scope 3 GHG emissions by 2033 for the auto and farm divisions. | |
47% Reduction in scope 1 and scope 2 GHG emissions per equivalent product unit to get in line with SBT emissions by 2033 for the auto and farm divisions. | |
Minimum ambitious criteria for scope 3 target is now in line with 2 degrees Celsius. | |