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

COMPANY OVERVIEW BOARD’S REPORT MANAGEMENT DISCUSSION AND ANALYSIS CORPORATE GOVERNANCE BUSINESS RESPONSIBILITY REPORT STANDALONE ACCOUNTS CONSOLIDATED ACCOUNTS 190 3. Do any other entity/entities (e.g., suppliers, distributors etc.) that the Company does business with, participate in the BR initiatives of the Company? If yes, then indicate the percentage of such entity/ entities? [Less than 30%, 30-60%, More than 60%] Yes. • More than 60% of suppliers participate in BR initiatives. • M&M supplier portfolio includes many nationally and internationally renowned suppliers who follow robust sustainability practices. • ‘Sustainability’ awareness session has been conducted for most of the needy supplier base. • In the last four years, 793 suppliers have participated in these awareness/capacity building sessions. • In FY 2021-22, two sustainability capacity building sessions namely ‘Zero Waste to Landfill’ practices and ‘Beyond Reporting - More Value from Materiality’ were conducted. • Strategic Suppliers Annual meet is planned in FY2023 H1 to reward and motivate high performing suppliers. • With our guidance, various suppliers have installed solar energy plants and some of them are also connected to the National Grid. Section D: BR Information 1. Details of Director/Directors responsible for BR a) Details of the Director/Director responsible for implementation of the BR policy/policies DIN Number : 02719429 Name : Dr. Anish Shah* Designation : Managing Director and Chief Executive Officer * from 2 nd April 2021. DIN Number : 00254502 Name : Dr. Pawan Kumar Goenka** Designation : Managing Director and Chief Executive Officer ** ceased as MD & CEO of the Company consequent to his term coming to an end from close of 1 st April 2021. b) Details of the BR Head Sr. No. Particulars Details 1. DIN Number (If applicable) NA 2. Name Mr. Rajeshwar Tripathi 3. Designation Chief Human Resources Officer - Auto and Farm Sectors, M&M Ltd. 4. Telephone Number +9122 2884 9702 5. Email ID [email protected] 2. Principle-wise (as per NVGs) BR Policy/policies The Business Responsibility Policy (“BR Policy”) addressing the following 9 principles as per the National Voluntary Guidelines on Social, Environmental and Economic Responsibilities of Business (NVGs), duly approved by Board, is in place. This policy is operationalized and supported by various other policies, guidelines and manuals. P1: Businesses should conduct and govern themselves with Ethics, Transparency and Accountability. P2: Businesses should provide goods and services that are safe and contribute to sustainability throughout their life cycle. P3: Businesses should promote the wellbeing of all employees. P4: Businesses should respect the interests of, and be responsive towards all stakeholders, especially those who are disadvantaged, vulnerable and marginalized. P5: Businesses should respect and promote human rights. P6: Business should respect, protect, and make efforts to restore the environment. P7: Businesses, when engaged in influencing public and regulatory policy, should do so in a responsible manner. P8: Businesses should support inclusive growth and equitable development. P9: Businesses should engage with and provide value to their customers and consumers in a responsible manner.