RISE FOR A MORE EQUAL WORLD 57 Over the years, energy conservation measures have yielded multiple benefits at Mahindra. On the business front, it helps us blunt the impact of rising energy costs and contributes to our effort to reach the carbon neutrality target. On the environment front, it controls emissions and reduces the demand for Earth's natural resources. CONSERVATION OF ENERGY Environmental KPIs F23 F24 Total Energy Consumption (GJ) 24,68,215 25,52,222 GHG Emissions (Scope 1) (tCO₂) 58,935 60,359 GHG Emissions (Scope 2) 2,02,306 2,09,007 Note: Due to increase in production, total energy consumption and scope 1 & 2 emissions are higher in F24 compared to F23. ENHANCING ENERGY PRODUCTIVITY (EP) Apart from energy savings, energy productivity improves operations and enhances process reliability, leading to reduced downtimes and shutdowns. Therefore, at Mahindra, we follow a holistic approach to consistently enhance energy productivity. We record energy productivity data separately for AS (Automotive Sector) and FES (Farm Equipment Sector). Following is the EP data trend w.r.t. baseline year (2008-09). FES F22 F23 F24 61% 87% 94% AS F22 F23 F24 55% 94% 119%
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