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ESG
Did you know that Mahindra & Mahindra was the first company in the world to commit to EP 100 towards carbon neutrality by 2040? EP 100 is a global initiative to double energy productivity and is led by an international non-profit Company Climate Group that brought together over 120 energy smart businesses. Mahindra and Mahindra are also the first Indian Company to commit and declare a carbon price of USD 10 per ton of carbon emissions. In this blog, we share Mahindra and Mahindra’s success story in achieving a 94% increase in Energy efficiency in Automobile sector and 87% in Farm Sector. This is in comparison to 2009 and aligns with our commitment - EP 100 by 2030 and 60% by 2026.
One of the main areas of high energy consumption was in material handling. Evaluation of consumption patterns revealed that motor and blowers were contributing ~ 60% of energy consumption in automobile manufacturing industry, while blowers (including air handling unit) and air circulators combined contributed over 40%.
Achieving lower energy consumption and increased air flow was not possible in the conventional air handling equipment. Feasibility studies were undertaken for two options. One possibility was to replace conventional Air handling equipment with high energy efficient options. Alternative, cutting edge technologies could be leveraged to modify existing setup. Feasibility report revealed high potential for positive results in the second option.
Initiatives undertaken
Intelligent EC blower BLDC Motors and HVLS Air Circulators
Outcome:
Impact:
Other Initiatives that have contributed towards EP100 include: