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

Climate change is one of the biggest challenges the world is facing today, impacting the natural, economic and social systems we depend on. All industries and communities, directly or indirectly, are threatened by the effects of climate change. Being a group with presence in 100+ countries, we understand that it is important to combat the challenges presented by climate change for the planet's sustainability and business profitability. At Mahindra, we incorporated sustainability in our business practices right from the inception of the Company. Our efforts in environmental sustainability in the past have bolstered our image as a responsible Company. We are aggres- sively progressing towards our goal of becoming Carbon Neutral by 2040. M&M was the first Company globally to commit to doubling its energy productiv- ity through the EP100 initiative. We are committed to having all our locations certified as 'Zero Waste' by 2030. Under our 'Project Hariyali', we will plant five million trees every year, with more than 20 million trees already planted. We aspire to lead environmental, social and governance (ESG) aspects globally through sustained and focused programmes. ESG LEADERSHIP GLOBALLY E N V I R O NM E N T M&M Ltd. became one of the nine Global Transport OEMs in Leadership Band to receive 'A' Rating in CDP Climate Change. In CDP Water, it was one of the eight to do the same. Carbon Neutral by 2040 Committed to Science Based Targets On the environment front, we are committed to achieve the following goals: (Internal Target) 100% Renewable Electricity 50% by 2025 100% Improvement in Energy Productivity 60% by 2026 Zero Waste - 100% Identified Sites ZWL Certified by 2030 Project Hariyali Plant 5 million trees/year by 2026 30 COMPANY OVERVIEW REIGNITED VALUE CREATION OUTPERFORM FINANCIALLY FUTURE-READY ESG LEADERSHIP GLOBALLY INPUT-OUTPUT MODEL CORPORATE INFORMATION STATUTORY REPORTS FINANCIAL STATEMENTS