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

Recent volatility has adversely impacted world economies and global communi- ties alike. For the world to prosper in the years to come, everyone must work towards the common cause of sustain- able upliftment for all. For over 75 years now, at Mahindra, we have been mainstreaming marginalised communi- ties by empowering them with educa- tion, access to healthcare, and means for gainful employment. Aligned with the philosophy of enabling people to Rise, we are working to drive positive change where it matters most. Our CSR approach is to invest in impactful social programmes and work with stakeholders to drive positive, sustainable and inclusive change in society. Through our various long-term social initiatives, we have positively impacted girl child education, skilling of youth, environment rejuvenation and prosperity of farmers. ESG LEADERSHIP GLOBALLY S O C I A L KEY MAT ER I AL I TY I SSUE S Our key material issue in social capital is 'CSR Management'. M&M formulates community policies and sustainable strategies that address major societal issues through pan-India projects. Some of the key projects are highlighted in this section. In F22, M&M invested 97.08 Cr in various social projects. PROJECT NANHI KALI Project Nanhi Kali supports the educa- tion of underprivileged girls in rural, tribal and urban poor areas across India. Initiated in 1996, it is jointly managed by the K.C. Mahindra Education Trust and Naandi Foundation. Supporting this project has been Mahindra Group's key CSR initiative for over 25 years now. With the aim of helping girls complete schooling, Project Nanhi Kali provides girls (from Class 1-10) with comprehen- sive support including two hours of daily after-school remedial classes at Nanhi Kali Academic Support Centres. The girls also receive an annual school supplies kit comprising a school bag, stationery and feminine hygiene material, enabling them to attend school with dignity. To help improve learning outcomes, the project provides every girl with access to personalised, adaptive learning software embedded in digital tablets. Despite prolonged Government school closures caused by the COVID-19 pandemic, the project ensured that girls continued to receive educational support through Academic Support Centres temporarily set up in the communities, More than 83,591 girls have benefitted through 5,338 Academic Support Centres in nine states with the support of Mahindra Group. 40 COMPANY OVERVIEW REIGNITED VALUE CREATION OUTPERFORM FINANCIALLY FUTURE-READY ESG LEADERSHIP GLOBALLY INPUT-OUTPUT MODEL CORPORATE INFORMATION STATUTORY REPORTS FINANCIAL STATEMENTS