Mahanagar Gas
Mahanagar Gas Limited, commonly referred to as MGL, is a leading player in the natural gas distribution industry in India. Headquartered in Mumbai, the company primarily operates in the Mumbai Metropolitan Region and surrounding areas, providing clean and efficient energy solutions. Founded in 1995, MGL has achieved significant milestones, including the expansion of its pipeline network and the introduction of innovative services. Mahanagar Gas focuses on the distribution of piped natural gas (PNG) and compressed natural gas (CNG), catering to residential, commercial, and industrial customers. Its commitment to safety, reliability, and environmental sustainability sets it apart in the market. As a pioneer in the sector, MGL has garnered a strong market position, recognised for its customer-centric approach and operational excellence in the energy landscape.
DitchCarbon Score
How does Mahanagar Gas's carbon action stack up? DitchCarbon scores companies based on their carbon action and commitment to reducing emissions. Read about our methodology to learn more.
Industry Average
Mean score of companies in the Insurance Services industry. Comparing a company's score to the industry average can give you a sense of how well the company is doing compared to its peers.
Industry Benchmark
Mahanagar Gas's score of 29 is higher than 55% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Mahanagar Gas's reported carbon emissions
In 2024, Mahanagar Gas reported total carbon emissions of approximately 3,086,000,000 kg CO2e, with emissions distributed across various scopes: 262,212,000 kg CO2e (Scope 1), 95,684,000 kg CO2e (Scope 2), and a significant 3,055,816,000 kg CO2e (Scope 3). This reflects a slight increase in emissions compared to 2023, where total emissions were about 2,817,372,000 kg CO2e, comprising 232,847,000 kg CO2e (Scope 1), 91,526,000 kg CO2e (Scope 2), and 2,817,372,000 kg CO2e (Scope 3). Mahanagar Gas has not publicly disclosed specific reduction targets or initiatives under the Science Based Targets initiative (SBTi) or other climate pledges. However, the company continues to monitor and report its emissions across all three scopes, indicating a commitment to transparency in its climate impact. The emissions per rupee of turnover for Scope 1 and 2 in 2024 was approximately 0.0005216 kg CO2e, showing a trend towards efficiency in relation to revenue generation. Overall, while Mahanagar Gas has not set formal reduction targets, its ongoing emissions reporting suggests an awareness of its environmental impact and a potential pathway towards future climate commitments.
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| 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|
| Scope 1 | 70,166,000 | 00,000,000 | 000,000,000 | 000,000,000 | 000,000,000 |
| Scope 2 | 78,166,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
| Scope 3 | 2,093,612,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 |
Industry emissions intensity
Location emissions intensity
Reduction initiatives & disclosure networks
Companies disclose and commit to reducing emissions to show they are serious about reducing emissions impact over time. They can also help a company track its progress over time.
Mahanagar Gas is not participating in any of the initiatives that we track. This may change over time as the company engages with new initiatives or updates its commitments. DitchCarbon will update this information as it becomes available.
