Tech Mahindra, a leading provider of technology solutions, has achieved formal validation from the Science Based Targets initiative (SBTi) for its Net-Zero targets, becoming the first Mahindra Group company to secure this recognition. This milestone underscores the company’s commitment to addressing global climate change and achieving the 1.5°C trajectory. Tech Mahindra’s sustainability initiatives have already yielded notable results, with renewable energy accounting for 31% of energy consumption at owned locations and 22.96% globally as of 2024. The company has also reduced Scope 1 and Scope 2 emissions by 31% compared to the 2016 baseline year.
Tech Mahindra has set ambitious targets to achieve net-zero greenhouse gas emissions across its value chain by 2035. The company aims to reduce its absolute Scope 1 and 2 emissions by 58.8% by 2030 and 90% by 2035 compared to 2016. Additionally, it has committed to decreasing absolute Scope 3 emissions by 90% by 2035 from 2020 levels.
Sandeep Chandna, Chief Sustainability Officer, emphasized that achieving SBTi validation demonstrates Tech Mahindra’s alignment with global sustainability standards. The company is dedicated to embedding sustainability into its operations and helping customers achieve their environmental, social, and governance (ESG) goals through innovation and technology.
Tech Mahindra’s sustainability efforts extend beyond emissions reduction, incorporating eco-design principles, energy efficiency, and reliance on renewable energy sources. The company also promotes green mobility, offers eco-friendly commuting options, and works with suppliers to promote sustainable practices across its supply chain. With its dedicated ESG talent pool and comprehensive consulting services, Tech Mahindra is well-positioned to drive positive change in the industry.