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

The world has entered a new era where the business landscape has changed completely. Organisations have become more agile and responsive to change – be it climatic, political or economic. Customer behaviours too have changed. They want brands to care about issues and stand for more than just turning profits. Mahindra aspires to lead this new world. Our employees are our brand ambassa- dors who are contributing to make it happen. They bring vigour, dynamism, energy and ideas every day to not only deliver product and service excellence, but also play a significant role in helping us fulfil our aspirations in this new era. In turn, we engage with our employees, invest in their professional development, provide them with a meaningful purpose, focus on their health & safety, celebrate innovation and out-of-the-box thinking, support well-reasoned risk- taking, and reward our employees for their performance. At Mahindra, we provide our employees with an empowering work culture where they learn and lead. Our employee value proposition 'CAPable people - REAL experience' underpins effective employee strategies that enable transformation and accelerate inclusive growth to drive the momentum towards collaborative success. We have a total workforce of 48,961 permanent and non-permanent employees. of the permanent workforce is unionised. 83% of the permanent employees. 86% THE MAHINDRA EMPLOYEE VALUE PROPOSITION ENABL ING TRANSFORMAT ION Challenge Conventions Bring Alternative Thinking to the Workplace Drive Positive Change in the Lives of Our Customers & Communities ENSURING GROWTH Recognition for Outperformance Empowering Environment Abundant Learning Opportunities C A P R E AL 36 ESG LEADERSHIP GLOBALLY P E O P L E In F22, safety and skill upgradation training was received by over COMPANY OVERVIEW REIGNITED VALUE CREATION OUTPERFORM FINANCIALLY FUTURE-READY ESG LEADERSHIP GLOBALLY INPUT-OUTPUT MODEL CORPORATE INFORMATION STATUTORY REPORTS FINANCIAL STATEMENTS