Mahindra & Mahindra Ltd. | Integrated Annual Report 2024-25

Stewardship of the environment is foundational to our ethos, guiding our actions, shaping our innovations, and defining our leadership. We recognise that the urgency of the climate crisis demands decisive, science-based action. We are transforming our operations through ambitious commitments and targeted interventions, accelerating the energy transition, and pioneering a path toward a resilient, regenerative future. Environmental stewardship leads proactively, sets industry benchmarks, and inspires collective action towards a sustainable tomorrow. KEY ENVIRONMENTAL MATERIAL TOPICS Through our double materiality process, we have prioritised the following as key environmental issues critical to Mahindra’s sustainability strategy: Carbon Emissions & Climate Action Water Security & Conservation Waste Management & Circularity Biodiversity Protection These focus areas directly influence our long-term resilience and are reflected across our Planet Positive goals and operational initiatives. ENVIRONMENTAL STEWARDSHIP Integrated Annual Report 2024-25 | 54

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