annual-report-FY2021

38 COMPANY OVERVIEW SUPPORTING COMMUNITIES TO RISE PIVOTING TO GROWTH RISING THROUGH INNOVATIONS RISING WITH FOCUS ON ESG CORPORATE INFORMATION STATUTORY REPORTS FINANCIAL STATEMENTS R I S I NG W I T H F O C U S ON E S G At Mahindra, we understand the value of natural ecosystems and the risks environmental degradation can pose to our people and business. We have incorporated sustainability in our business practices right from the inception of the Company. Our efforts in sustainability in the past have bolstered our image as a responsible and progressive Company. In the last 75 years, our commitment to serve, conserve, and rejuvenate the environment has remained steadfast. In fact, our resolve to preserve the environment has strengthened even further as the world is currently grappling with major environmental challenges. M&M Ltd. became one of the 8 Global Transport OEMs in Leadership Band to receive “A” Ratings in CDP Climate Change and Water Security. ENVIRONMENT A cohesive framework, well-structured processes, and focussed interventions are the foundation of our environmental management approach. Our 3Cs approach to protect and enhance Natural Capital Conservation of natural resources Continuous improvement towards rejuvenation Comprehensive disclosures ESG has been our core focus for long. We aspire to “lead ESG globally” through sustained and focused programmes. We are committed to achieving the following sustainability goals. Carbon Neutral by 2040 Science Based Targets in place 100% Renewable Energy 50% by 2025 100% improvement in Energy Productivity 60% by 2025 100% sites ZWL certified by 2030 st • India’s 1 certified ZWL location @ Igatpuri • 22/90 identified locations already certified Hariyali - Plant 5 million trees/year 19 million trees planted to date