MAHINDRA & MAHINDRA LTD. | Integrated Annual Report 2022-23

218 MAHINDRA & MAHINDRA LTD. Integrated Annual Report 2022-23 6. Details of greenhouse gas emissions (Scope 1 and Scope 2 emissions) and its intensity: Parameter Unit FY 2022-23 FY 2021-22 Total Scope 1 emissions (Break-up of the GHG into CO2, CH4, N2O, HFCs, PFCs, SF6, NF3, if available) tCO2e 58,935 55,451 Total Scope 2 emissions (Break-up of the GHG into CO2, CH4, N2O, HFCs, PFCs, SF6, NF3, if available) tCO2e 2,02,306 2,33,939 Total Scope 1 and Scope 2 emissions per rupee of turnover NA NA NA Total Scope 1 and Scope 2 emission intensity (optional) - the relevant metric may be selected by the entity tCO2e/Eq Vehicle tCO2e/ Eq Tractor Automotive Sector: 0.105 Farm Sector: 0.177 Automotive Sector: 0.204 Farm Sector: 0.207 Note: Indicate if any independent assessment/evaluation/assurance has been carried out by an external agency? (Y/N) If yes, name of the external agency. Yes, KPMG Assurance and Consulting Services LLP. 7. Does the entity have any project related to reducing Green House Gas emission? If Yes, then provide details: • Yes, the Company is committed to becoming Carbon Neutral by 2040. It is also committed for Science Based Target (SBT) to de-carbonize its growth and thus contributing to keep global temperature rise below 2 degrees Celsius as per Paris accord 2015. • The Company has a robust roadmap for achieving these commitments through improvement in energy efficiency and adoption of renewable energy. Few of the initiatives to reduce Green House Gas emission are mentioned below: o Adoption of Renewable energy through solar and windmills o Adoption of clean energy i.e., through switching over from HSD to PNG o Replacement of conventional air circulators with BLDC technology air circulators o Radiant cooling system to optimize the HVAC operating load o Replacement of old conventional lights with LED’s o Installation of energy efficient air compressor o Replacement of old motors with premium efficiency IE3 motors o Installation of Energy efficient inverter split AC’s o Installation of auto shut off valves for compressed air o Waste heat recovery from air compressors o Installation of IT guns for spot welding etc