MAHINDRA & MAHINDRA LTD. | Integrated Annual Report 2021-22

We have been working with wider involvement across the organization, seeking inputs and deriving insights to drive the objectives of D&I and to continue our journey of becoming a more inclusive workplace. As a culmination of this exercise, a newD&I Charter is being created which will be rolled out in the next quarter of FY22. During the year, we have also revisited our people policies related to D&I with an objective to make it simple and contemporary. We expect these policies to help us build more inclusive culture going forward. Our special focus has been to improve gender diversity in areas of technology and business operations which is also going to be thrust area for the Company. Group Management Cadre (GMC) The next step of our strategic management process is the Group Management Cadre programme to attract leadership talent at the entry level from top B-Schools of the country. This programme continues to strengthen Mahindra's position as an 'Employer of Choice' across premier B-School campuses and creates a strong talent pool to drive Mahindra's future growth. Through this programme, 20 GMCs joined the Group in 2021 and 21 GMCs will be joining us in 2022 across its various Sectors and functions. As part of the Experiential Module, each GMC that joins us undergoes 4 stints of 3 months each across different functions and different businesses. The Summer Internship Programme has evolved over the years as a critical source of the GMC talent pool and this year we have 24 students who have joined us from the top B-school of India under the GMC Summer Internship Programme 2022. Group Diversity Council (GDC) The Group continues its strong focus on fostering Diversity and Inclusion (D&I) at theworkplacewith the D&I Vision of - Diversity and Inclusion We value and celebrate the uniqueness of every individual by fostering an environment of inclusion and empowerment. This we believe enables us to meet the needs of our stakeholders through active participation of diverse talented individuals. Equal Opportunity Policy M&M provides equal opportunity to all persons. There is no unfair treatment in relation to the employment, promotion or other related issues or terminate the employment for reasons of gender or disability. Under this policy, we provide necessary training to the new recruits to enable them to carry out their jobs effectively. M&M works towards attract ing, retaining, and developing diverse talent through initiatives such as: FOCUSSEDHIRING Structured hiring programmes to attract and recruit diverse talent through mindful and positive communication as well as deeper engagement channels. Our focus is women and PwD hiring and support, which is done through specializedhiring consultantswhilemaintaining our core philosophy of meritocracy. TALENTMANAGEMENT Prioritizing career development of women at all levels with access to senior leaders alongside opportunity to develop new skills. Specic programmes l i ke Hi -potent i a l Women mentoring for broadening capabilities of the women employees make them ready for leadership roles. COMPANY OVERVIEW BOARD’S REPORT MANAGEMENT DISCUSSION AND ANALYSIS CORPORATE GOVERNANCE BUSINESS RESPONSIBILITY REPORT STANDALONE ACCOUNTS CONSOLIDATED ACCOUNTS 130