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

COMPANY OVERVIEW RISE TO CREATE VALUE RISE TO BE FUTURE READY RISE FOR A MORE EQUAL WORLD CORPORATE INFORMATION STATUTORY REPORTS FINANCIAL STATEMENTS PROMOTION OF BIODIVERSITY Biodiversity is at the heart of limiting emissions, sustaining life and thereby sustaining business. The terrestrial and aquatic ecosystems of our planet act as natural carbon sinks, with the biodiversity within them absorbing large amounts of greenhouse gas emissions. The preservation of biodiversity is a crucial step in being Planet Positive. Mahindra is committed to preserving biodiversity and had been taking up some major initiatives to preserve biodiversity. l Mahindra Hariyali is a key initiative to increase the green cover in our ecosystem. It is a part of the Group's efforts to create a sustainable future and to enrich the lives of the communities in which it serves. l As part of our biodiversity policy, we collaborate with IUCN (International Union for Conservation of Nature) and IBBI (The India Business and Biodiversity Initiative) and undertake biodiversity assessments. In F23, Mahindra Group planted 2.21 million trees across India. 39