Tech Mahindra | Sustainability Performance
Provider of IT services, consulting, and digital transformation solutions.
1945
India
10,001+ employees
Information Technology & Services
$1B - 10B in revenue
$500M - 1B in profitability
Sustainability Ranking & Industry Benchmark
#4221
Overall#76
in India#153
in Information Technology & ServicesSustainability Maturity
Sustainability Intent
Overview
Environmental
Carbon emissionsEnergy consumptionWaste managementWater managementAir and land impactNature and biodiversityNature riskClimate riskSocial
Diversity and inclusionPay gapsExternalitiesGovernance
TargetsSDG ImpactESG scores and exclusionsB-corp & CDPFinancial Data
Business performanceCapital & innovationAnalyst projections
CO2 scope 1 + 2
Critical
Renewable energy
Laggard
Waste generated
Aligned
Female engagement
Laggard
Externalities
Aligned
Market cap
Revenue
R&D intensity
Carbon emissions
Reveal data for 1 credit
Industry rank: 59 out of 436
Total CO2 emissions
(CO2e tonnes)
Industry rank: 59 out of 436
Scope 1
Scope 2 location based
Scope 3 downstream
Scope 3 upstream
Industry benchmark
(adj. for revenues)
(adj. for revenues)
Renewable energy
Reveal data for 1 credit
23%2025
Industry rank: 43 out of 436
Total energy consumption
and % renewables
(MWh, % of consumption)
Industry rank: 43 out of 436
Total energy
Share of renewable energy
Industry benchmark
Renewable electricity
Reveal data for 1 credit
Industry rank: Beyond Top 100
Total electricity consumption
and % renewables
(MWh, % of consumption)
Industry rank: Beyond Top 100
Total electricity
Share of renewable electricity
Industry benchmark
Intensity
Greenhouse gas intensity Scope 1, 2 (tCO₂e /$M)
Greenhouse gas intensity (Scope 1, 2, 3)(tCO₂e /$M)
Energy consumption (direct) intensity (MWh /$M)
Water consumption intensity (m³ /$M)
Industry Benchmark
13.7
B/M 4.0
19.5
B/M 41.8
23.0
B/M 4.2
93.1
B/M 46.1
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Female engagement
Reveal data for 1 credit
Share of female employees (%)
Share of female board members
25
50
75
100
Company
Benchmark
Waste
Reveal data for 1 credit
615.42024
Total waste generated (tonnes)
Total waste
Recovered & recycled
Not-recovered & not-recycled
Industry Benchmark
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Controversy level
- Tech Mahindra Limited, Indian major IT services (Mahindra Group/Anand Mahindra), has faced sustained US Department of Labor H1B visa compliance enforcement scrutiny over alleged inadequate Indian engineer wage practices, plus the contested 2024 sustained share price volatility amid postCOVID IT services market normalization affecting Indian institutional shareholders.
Carbon emissions breakdown
Reveal data for 2 credits
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Energy consumption breakdown
Reveal data for 2 credits
| KPI | Metric | Year | |||||
|---|---|---|---|---|---|---|---|
| 2019 | 2020 | 2021 | 2022 | 2023 | Benchmark | ||
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Climate risk
OverallAcuteChronic
Reveal data for 20 credits
Unlock Acute & Chronic55Moderate
$78.0Mestimated revenue at risk
Thematic risk scoresESRS aligned scoresComing soon
Download Climate Risk AnalysisPowered by illuminem and GIST impactNature risk
Reveal data for 10 credits
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Production loss
Reveal data for 5 credits
Share of company output at risk (%)
Direct operations
Upstream supply chain
Revenue at risk
Reveal data for 5 credits
Production-loss NVaR expressed in monetary terms ($)
Direct revenue at risk
Upstream revenue at risk
Assets exposed to sensitive locations
Reveal data for 5 credits
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Biodiversity loss in km²
Reveal data for 2 credits
Biodiversity loss in terms of the equivalent land affected (km²e)
Total biodiversity loss (km²e)
Industry benchmark
Biodiversity loss in CO2e
Reveal data for 2 credits
Total biodiversity loss as CO2e tonnes
Total biodiversity loss (CO2e tonnes)
Industry benchmark
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Potential species loss
Reveal data for 2 credits
Estimated nature species lost due to corporate activity, expressed as Potentially Disappeared Fraction (PDF)
One row per year, with the latest at the top. Each driver uses its own scale.
Low ImpactHigh Impact
Industry benchmark
Biodiversity impact
Reveal data for 2 credits
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| 2021 | 2022 | 2023 | 2024 | 2025 | Benchmark | ||
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PDF: Potentially Disappeared Fraction (of species) due to corporate activities
Waste management
Reveal data for 2 credits
| KPI | Metric | Year | |||||
|---|---|---|---|---|---|---|---|
| 2021 | 2022 | 2023 | 2024 | 2025 | Benchmark | ||
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Water management
Reveal data for 2 credits
| KPI | Metric | Year | |||||
|---|---|---|---|---|---|---|---|
| 2021 | 2022 | 2023 | 2024 | 2025 | Benchmark | ||
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Air pollution
Reveal data for 2 credits
| KPI | Metric | Year | |||||
|---|---|---|---|---|---|---|---|
| 2020 | 2021 | 2022 | 2023 | 2024 | Benchmark | ||
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Land use
Reveal data for 2 credits
| KPI | Metric | Year | |||||
|---|---|---|---|---|---|---|---|
| 2021 | 2022 | 2023 | 2024 | 2025 | Benchmark | ||
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Diversity & inclusion
Reveal data for 3 credits
| KPI | Metric | Year | |||||
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| 2020 | 2021 | 2022 | 2023 | 2024 | Benchmark | ||
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Pay gap breakdown
Reveal data for 1 credit
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| 2020 | 2021 | 2022 | 2023 | 2024 | Benchmark | ||
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Externalities
Reveal data for 1 credit
| KPI | Metric | Year | |||||
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| 2021 | 2022 | 2023 | 2024 | 2025 | Benchmark | ||
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Market cap
Revenue
EBITDA
Operating margin
Revenue & EBITDA
$6.5BFY2026 revenue
Total Annual
Revenue & EBITDA
($ B)
Annual revenue
EBITDA
3 year change
Margin trends
Margin as % of revenue
Gross margin
Operating margin
Net margin
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Free cashflow
Capex
R&D intensity
0.0%FY2026
R&D as % of revenue
R&D as % of revenue
Industry benchmark
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Return on invested capital
16.0%FY2026
Return on invested capital (ROIC)
Industry benchmark
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Analyst revenue estimates & actuals
Analyst consensus vs actuals
($ B)
Actual revenue
Consensus estimates
Estimate only
6.0
▼ 0.4%
6.1
▼ 0.4%
6.5
▲ 0.3%
773.0
2030Powered by illuminem
Environmental policy coverage
Carbon reduction policy
Available
Human rights policy
Available
Recycling policy
Available
Workplace health & safety policy
Available
32%
Independent Directors
6 out of 19 incl. management
SBTi targets and commitments
| Target | Status | Temperature alignment | Year |
|---|---|---|---|
| Near-term target | Targets set | 1.5°C | FY2030 |
| Long-term target | Targets set | 1.5°C | FY2035 |
| Net-zero | Targets set | - | 2035 |
| Business Ambition 1.5°C | Member | - | 2020 |
Target details
Overall Net-Zero Target: Tech Mahindra commits to reach net-zero greenhouse gas emissions across the value chain by FY2035. Near-Term Targets: Tech Mahindra commits to reduce absolute scope 1 and 2 GHG emissions 58.8% by FY2030 from a FY2016 base year. Long-Term Targets: Tech Mahindra commits to reduce absolute scope 1 and 2 GHG emissions 90% by FY2035 from a FY2016 base year. Tech Mahindra also commits to reduce absolute scope 3 GHG emissions 90% by FY2035 from a FY2020 base year.
Powered by illuminem and Science Based Targets initiative. Last updated: 23 Jan 2025Sustainability targets and commitments
| Target | Year | Value | Scope | Baseline |
|---|
Overall score
87
Environment
99
Social
99
Governance
62
Exclusion screening
Adult content
Not available
Alcoholic
Not available
Animal testing
Not available
Firearms
Not available
Tobacco
Not available
Gambling
Not available
Nuclear
Not available
CDP Scores
Climate Score
A
Water Score
A
A
A-
B
B-
C
C-
D
D-
SDG impact
Reveal data for 5 credits
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SDG impact (historical)
Reveal data for 5 credits
| KPI | Metric | Year | |||||
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| 2020 | 2021 | 2022 | 2023 | 2024 | Benchmark | ||
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