MAHINDRA & MAHINDRA LTD. | Integrated Annual Report 2023-24

RISE FOR A MORE EQUAL WORLD 63 Mahindra Heavy Engines Ltd. focuses on energy conservation. Ÿ To reduce power consumption in Compressors and Air Handling Units (AHUs), Mahindra Heavy Engines Ltd. undertook myriad initiatives which ranged from introducing portable compressors to adopting advanced AHU technology. These efforts helped reduce 1.34 metric tons of carbon emissions per day. Mahindra Lifespaces leads with innovative Water Conservation Initiatives. Ÿ The company has replaced the traditional method of using water for concrete curing during construction with a curing compound and have also started capturing rainwater and reusing it for curing. This substitution resulted in an annual water savings of @ 10.65 million litres. Mahindra Susten is revolutionising the renewable energy landscape. Ÿ Mahindra Susten's journey towards a greener future is marked by a portfolio development exceeding 1.54 GWp of renewable Independent Power Producer (IPP) projects across India. It recently secured a 300-MW solar project at SJVN's 1,500 MW solar tender. Mahindra Logistics champions sustainable warehousing. Ÿ With 3.3 million sq. ft. of carbon-neutral warehousing space nationwide, the company is setting new standards.

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