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

71 MAHINDRA & MAHINDRA LTD. Integrated Annual Report 2021-22 Maharashtra covering around 30 villages, over area of 15,800 hectares. During Financial Year 2021-22, your Company supported more than 9,000 farmers through various interventions of soil and water conservation works, crop diversification measures, livelihood training/support and drudgery reduction initiatives for Integrated Development of the rural catchment. In addition, 18,000 people were benefited with availability of drinking water. – Mahindra Hariyali : Through this intervention, the Mahindra Group planted 1.57 million trees, which contributed to building green cover and protecting the rich biodiversity of the country. Your Company contributed towards plantation of 1.32 million trees out of which 1.11 million trees were planted in the Araku Valley, which besides greening the environment also provided livelihood support to tribal farmers by growing coffee and fruit bearing trees in this region. Till date, 20.65 million trees have been planted through Mahindra Hariyali, of which 13.40 million trees were planted in Araku which supported livelihood of 25,000 tribal farmer families. – Employee Volunteering : Despite the challenges posed by the pandemic, the Company’s employees continued to give back to the Society. Through the employee volunteering platforms (ESOPs and MySeva) 38,803 employees invested 3,62,585 person hours of their personal time in volunteering activities. Of these 7,718 were Company employees who contributed 47,133 person hours towards a variety of social causes. At the Group level 1,07,600.50 person hours were invested through individual acts of Social Responsibility undertaken by Mahindra Group employees which they reported on MySeva Platform. The balance 2,54,984.50 person hours was contributed through Employee Social Options (ESOPs) which is the Company organised volunteering programme at the Mahindra Group. During the last Financial Year, your Company’s efforts to drive positive change were acknowledged by various forums and your Company received the following awards: 1. FICCI CSR Award for Mahindra Hariyali Project in the Category - Skill Development and Livelihood - Private Sector Companies with INR 3001 Crores per annum and above. (August 2021) 2. CSR Journal Excellence Award 2021 for PRERNA Project in the Category-Women Empowerment and Child welfare. (March 2022) 3. CII Award - Noteworthy Project inWater Management for Integrated Watershed Management Project, Hatta. (December 2021) 4. Project Nanhi Kali - Runner-up in the international BRICS SDG Awards in the category of SDG 5: Gender Equality. (August 2021) 5. Runner-up in CSR Journal Excellence Award 2021 for Self-Implemented Integrated Water Management Project, Hatta in the Category-Environment. (March 2022) CSR Policy The Corporate Social Responsibility Committee had formulated and recommended to the Board, a Corporate Social Responsibility Policy (CSR Policy) which was subsequently adopted by it and is being implemented by the Company. The CSR Policy including name of the CSR projects or programs undertaken can be accessed in the Governance section at the Web-link: https://www.mahindra.com/investors/reports-and-filings. CSR Committee As mentioned in the previous Annual Report, the Board at its Meeting held on 26 th March, 2021 re-constituted the Corporate Social Responsibility Committee. Dr. Pawan Goenka ceased to be the Member of the Committee with effect from 2 nd April, 2021, upon cessation as a Director of the Company and Dr. Anish Shah was inducted in his place. Further, the Board at its Meeting held on 28 th May, 2021 re-constituted the Corporate Social Responsibility Committee by inducting Mr. Muthiah Murugappan as a Member of the Committee. The CSR Committee comprises of Dr. Vishakha N. Desai (Chairperson), Mr. Anand G. Mahindra, Dr. Anish Shah, Mr. Vikram Singh Mehta and Mr. Muthiah Murugappan. The Committee, inter alia , reviews and monitors the CSR as well as Sustainability activities. Subsequent to the year end, the scope of the Committee was enhanced by including in its Charter Environment, Social and Governance (ESG) related matters, the details of which are furnished in the Report on Corporate Governance that forms part of this Annual Report.