annual-report-FY2021

41 MAHINDRA & MAHINDRA LTD. INTEGRATED ANNUAL REPORT 2020-21 CONSERVAT ION OF ENERGY We have a two-pronged approach to energy conservation: Some of the methods we have implemented to increase efficiency include heat recovery, energy efficient equipment, installing LED lights, green building certifications, and monitoring the energy efficiency of our major suppliers. Increasing solar and wind power capacities boosts the share of green energy in the total mix. Energy Productivity Close monitoring of Energy Productivity (EP) enhances our focus on energy efficiency initiatives. We record EP data separately for AS (Auto Sector) and FES (Farm Equipment Sector). Following is the EP data trend with respect to the baseline year (2008-09): Green Buildings Green buildings come with multiple benefits. These buildings use less energy, water, natural resources, and have a positive impact on the environment by generating their own energy or increasing biodiversity. Following are the Mahindra facilities which have been certified as green buildings. 13 Green Building certifications till date Ÿ Mahindra Vehicle Manufacturers Limited Ÿ AD (Auto Division) Igatpuri Ÿ Igatpuri Green Guest House Ÿ Mahindra Research Valley (MRV) Ÿ Green Campus, Mahindra Research Valley Ÿ AD Kandivali Enhancing the energy productivity of our processes Increasing the use of energy generated through renewable sources Ÿ Mahindra Heavy Engines Limited Ÿ FD (Farm Division) Nagpur Ÿ AD Zaheerabad Ÿ Mahindra Electric Mobility Limited Ÿ AD Nashik Plant 1 Ÿ AD Nashik Plant 2 Ÿ Mahindra Towers, Worli 91% AS FES 88% F19 F20 F21 F19 F20 F21 76% 45% 53% 59% The increase in energy productivity of FES in F21 is due to implementation of energy efficiency projects as well as expected increase in production levels. On the other hand, the energy productivity of AS has reduced due to the impact of the pandemic on production levels.