annual-report-FY2021

43 MAHINDRA & MAHINDRA LTD. INTEGRATED ANNUAL REPORT 2020-21 REDUCT ION OF WASTE GENERATED Our endeavour is to foster a circular economy by minimum use of materials, reduction in waste generated, and reuse of waste. We are committed to minimise the amount of waste that enters landfills from our operations, leading to better ecosystems. M&M Ltd. recycles & reuses 56% of the waste generated. We have joined hands with the Government of India to set up CERO, India's first government authorised vehicle recycling company, to reduce environmental impact through the recycling of scrapped vehicles. Mahindra is also focussing on zero waste to landfill plants. We have adopted a circular economy where the waste generated doesn't go to the landfill but becomes a resource for another industry. We are also reducing packaging waste including wood, corrugated box, and paper. 20 locations have achieved Zero Waste to Land ll (ZWL) certi cation within the Mahindra Group. In F21, 5 of these locations were certi ed ZWL. Waste to Landfill Our initiatives towards minimising the amount of waste that enters landfills from our operations, is bearing results, as seen for the locations below. 13 plant locations in M&M Ltd. have received ZWL Certi cations as on the end of F21. Locations MEML (Mahindra Electric Mobility Limited) MHRIL (Mahindra Holidays & Resorts India Ltd.) Madikeri MHRIL Varca Goa MHRIL Munnar MWC (Mahindra World City) Chennai Diversion from Landfill 99.41% 100% 99.97% 99.01% 99.18% Other Developments 7 Mahindra plants are sending hazardous waste like paint sludge, cotton waste, and ETP sludge at cement plants for co- processing as part of Zero Waste to Landfill initiative. % 35 of the total hazardous waste generated was co-processed in F21. This waste was previously being incinerated. Automotive Division 60% reduction in wood usage achieved since F16 76% reduction in paper usage since F16 PROMOT ION OF BIODIVERSI TY Mahindra is committed to preserving biodiversity for the sustainability of the business as well as local communities. We have been taking up some major initiatives to preserve biodiversity. Ÿ Mahindra Hariyali is a key initiative to increase the green cover in our ecosystem. It is a part of the Group's efforts to create a sustainable future and to enrich the lives of the communities in which it serves. Ÿ As part of our biodiversity policy, we collaborate with IUCN (International Union for Conservation of Nature) and IBBI (The India Business and Biodiversity Initiative) and undertake biodiversity assessments. In F21, the Mahindra Group planted 1.14 million trees across India.

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