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 in F23, we invested INR 92.28 crore in various social projects At Mahindra, we understand that creating value goes beyond the vehicles we make and the services we provide. We are committed to undertaking comprehensive, well-planned, and long-term social interventions that positively impact vulnerable and marginalised communities and the environment. Our core purpose, "Only when we enable others to rise, will we rise," drives our approach to CSR. We strive to move beyond mere philanthropy and invest in impactful social programmes that actively promote betterment. Over the last 75 years, we have implemented various social initiatives that have had a positive impact on girls and women as well as the environment through massive tree plantation. By investing in such initiatives, we believe that we can achieve the highest return on our social investment and rise for a more equal world. As a testament to our commitment, in F23 we invested INR 92.28 crore in various social projects that have brought about positive change in the communities. We will continue to work towards creating a better and more sustainable future for all. SOCIAL KEY MATERIALITY ISSUES Our key material issue in social capital is CSR management, where we focus on formulating community-centric policies and implementing a sustainable strategy that addresses major societal issues through our projects across the nation. In line with this approach, we have undertaken various initiatives aimed at enhancing social capital. PROJECT NANHI KALI Our flagship CSR initiative, Project Nanhi Kali, has empowered underprivileged girls across India by supporting their education. Since 1996, Project Nanhi Kali has empowered over 5,50,000 underprivileged girls across 15 states in India Here's how Project Nanhi Kali is making a difference: l The project provides comprehensive support to girls in government schools from Classes 1-10, including daily after- school remedial classes and access to an AI-powered, personalised, adaptive learning software via digital tablets. l Every girl receives a material kit annually consisting of essential school supplies and feminine hygiene material. 45