annual-report-FY2021

Saving Lives with Safer Roads M&M Ltd., SaveLIFE Foundation and Maharashtra State Road Development Corporation Ltd. (MSRDC) have partnered to make the Mumbai-Pune Expressway a near 'Zero Fatality Corridor' (ZFC) by 2021. This includes interventions centred around the 4Es i.e., Engineering, Enforcement, Education, and Emergency Response; this also includes training long haul drivers and the police force in life- saving skills. Going ahead, the SaveLIFE Foundation and M&M will work to make the Mumbai-Nagpur Samruddhi Mahamarg (SMM) near Zero Fatality. Employee Volunteering: Employee Social Options (ESOPs) and MySeva ESOPs is a long-running employee volunteering programme, where Mahindra employees channelise their time and skills to address the needs of local communities. M&M also launched the MySeva initiative for employees, which aimed to extend the spirit of giving back in a personal capacity as well. Of the total volunteering hours across the Group, employees contributed 51,625 hours through the MySeva initiative and the remaining through the ESOPs initiatives. Integrated Watershed Management Programme (IWMP) M&M actively undertakes initiatives to protect and restore water resources of communities to support sustainable development. To increase the groundwater levels, M&M entered a Private Public Partnership (PPP) with the Government of Madhya Pradesh in Bhopal, and with the National Bank for Agriculture and Rural Development (NABARD) in Hatta, benefitting 48 villages. M&M has also partnered with NABARD for a watershed project in Igatpuri, Maharashtra, covering 20 villages and benefitting more than 23,020 individuals. Additionally, M&M took up four projects with NABARD for capacity building among farmers who gained insights and skills on soil conservation. M&M also initiated a climate proofing project in 3 micro watersheds to develop climate change resilient practices impacting over 3,453 beneficiaries. 38,447 total number of residents whose overall standard of living has been improved by IWMP. employees from the Mahindra Group contributed 31,503 2,72,467 person-hours towards various social initiatives, despite the challenges posed by the pandemic in F21. Of these, 83,789 person-hours were contributed by 10,184 M&M employees. 52 COMPANY OVERVIEW SUPPORTING COMMUNITIES TO RISE PIVOTING TO GROWTH RISING THROUGH INNOVATIONS RISING WITH FOCUS ON ESG CORPORATE INFORMATION STATUTORY REPORTS FINANCIAL STATEMENTS