MAHINDRA & MAHINDRA LTD. Business Responsibility and Sustainability Report 229 PRINCIPLE 2 BUSINESSES SHOULD PROVIDE GOODS AND SERVICES IN A MANNER THAT IS SUSTAINABLE AND SAFE ESSENTIAL INDICATORS 1. Percentage of R&D and capital expenditure (capex) investments in specific technologies to improve the environmental and social impacts of product and processes to total R&D and capex investments made by the entity, respectively. FY25% FY24% Details of improvements in environmental and social impacts R&D 45* 47* Development of Trem 4, Trem V, CPCB4, Stage V Technologies – To reduce air pollution – Mitigate Global warming effects Electric tractor – Concept development of e-tractor & POC completion Facility addition for Born Electric vehicle development – Mainly Battery & Electric Vehicle technology development labs/ Inhouse testing facilities Development of Born Electric Vehicles – Zero Tailpipe emission & improving air quality – Reducing reliance on Fossil fuel Capex 21* 28* * A large amount of capital expenditure related to electric vehicles & other technologies to improve the environmental and social impacts of products and processes are incurred through a separate entity Mahindra Electric Automobile Limited (MEAL) [a Subsidiary of the Company]. The same has been included in the scope of reporting. 2. a. Does the entity have procedures in place for sustainable sourcing? (Yes/No) [GRI 308-1, 414-1] Yes b. If yes, what percentage of inputs were sourced sustainably? [GRI 308-1, 414-1] The Company prioritizes responsible business practices by contributing to environmental protection and enhancing people’s performance through green procurement and services while ensuring business growth for the supply chain. The Company has developed a stringent Supplier Code of Conduct to guide suppliers to engage in ethical, responsible, and legal business practices in their operations. This Code is signed by more than 90% of suppliers. The Company has been working to enhance the degree of sustainability associated with its sourcing practices under “ONE SOURCING”. As part of the sourcing strategy, the Company has set up vendor parks near manufacturing plants, sources from tightly knit clusters, optimizes logistics to reduce fuel consumption, emissions and carbon footprint. O ut of 432 ESG audited suppliers in FY24 and FY25, 206 suppliers (47.6%) are using renewable energy, 273 suppliers (63%) are using recycled water. F rom the 215 suppliers audited in FY25, 108 supplier (50%) are already using renewable energy, and 146 suppliers (68%) use recycled water in their operations. Further, the Company is exploring potential collaboration with suppliers towards the adaptation of renewable energy through group companies who produces renewable energy. 53% of suppliers by value are certified either for ISO 14001 or 45001. 3. D escribe the processes in place to safely reclaim your products for reusing, recycling and disposing at the end of life, for (a) Plastics (including packaging) (b) E-waste (c) Hazardous waste and (d) other waste. [GRI 3-3, 306-2] CERO, which is India’s first and largest network of vehicle recycling company, is a brand under subsidiary Mahindra MSTC Recycling Private Limited, established in collaboration with Government of India Enterprise (GOI). CERO strives to achieve the goal of zero pollution, wastage and metal scrap imports.
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