MAHINDRA & MAHINDRA LTD. Integrated Annual Report 2023-24 62 Environmental stewardship is deeply embedded in our DNA, and every Group company pursues it with unwavering commitment. Featured below is a peek into the diverse initiatives undertaken by the group companies to demonstrate their dedication to promoting sustainability. Mahindra Accelo awarded the 'Zero Waste to Landfill' certification. Ÿ Accelo through its innovate and effective waste management strategies has become one of India's first steel service centres to earn a zero waste to landfill certificate. GROUP WIDE ENVIRONMENTAL STEWARDSHIP TechM fixed its internal carbon price at USD12/t. Ÿ The company recognises the crucial role that ICP plays in helping them to reduce not only their carbon footprint but also the system cost and regulatory risk. Mahindra & Mahindra Financial Services Ltd becomes the first Indian company in the 'Banks, Diverse Financials, and Insurance' sector to have its Science-Based Targets validated by SBTi. Ÿ The company has committed to reduce absolute scope 1 and 2 GHG emissions 50.4% by F32 from a F23 base year and committed to reduce scope 3 GHG emissions 58.1% per employee within the same timeframe. Mahindra Holidays goes big on solar. Ÿ 26 resorts of Mahindra Holidays have installed onsite solar plants. The total capacity is 7.7 MWp.
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