70 Integrated Annual Report 2025-26 Board oversight and Group sustainability committees ensure alignment, accountability and consistent ESG performance across businesses. Guided by transparency, ethics and long-term strategy, our governance strengthens ESG policies, metrics and programmes. Our Sustainability Mandate Sustainability remains central to the Company’s long-term vision, with continued focus on embedding it into core business strategy. Guided by the ‘Planet Positive’ framework, Mahindra businesses are progressing across four pillars — greening operations, decarbonising industry, climate adaptation and just transition, and ESG leadership and climate advocacy. All Group companies follow Planet Positive-aligned plans coordinated by the Group Sustainability Office, with oversight from the Group CEO & MD. The Company continues strong ESG leadership with high global ratings and remains committed to Science Based Targets and achieving carbon neutrality by 2040 or earlier. People Positive (Social) Being People Positive means extending our impact beyond our own operations to create shared value for society. We are committed to building an inclusive, diverse and merit driven workplace that empowers our employees to contribute and grow. Our focused CSR interventions invest in education for girls through Project Nanhi Kali, equipping the next generation with the skills needed to participate fully in society and the economy. Similarly, our Project Kaabil empowers women with the skills, confidence and platforms that they need to access better livelihoods and shape their futures. Finally, we aim to advance climate consideration as a part of CSR by enabling just transition and climate resilience practices by promoting skilling programmes across regenerative agricultural practices. Project Nanhi Kali Equipping the next generation with skills Project Kaabil Empowering women through skilling Trust Positive (Governance) Trust Positive governance underpins Mahindra’s pursuit of sustainable and equitable growth. We uphold high standards of transparency, accountability and ethical conduct across our businesses, recognising trust as fundamental to long-term stakeholder relationships. By strengthening governance frameworks and fostering a culture of integrity and responsibility, we reinforce confidence in Mahindra as a principled and resilient organisation. Reporting Frameworks We have been disclosing information to all stakeholders in a transparent manner through our Sustainability Report aligned with the following frameworks: • Global Reporting Initiative (GRI). • Task Force on Climate-related Financial Disclosures (TCFD) recommendations. • United Nations' Sustainable Development Goals (SDGs). • SEBI Business Responsibility & Sustainability Reporting (BRSR). ESG Governance
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