Change Agent

The 2019 United Nations Climate Change Conference, also known as COP25, recently concluded in Madrid, Spain. A growing group of leading businesses have signed the 1.5°C pledge, and advocated a strong push for bold policies and action against climate change. From the earlier 87 pioneering businesses, this number has risen to 177, and the Mahindra Group was one of the original signatories to this important pledge.

The announcement at COP25 represents a major business contribution to the Climate Ambition Alliance – a growing, multi-stakeholder group convened by the COP25 Chilean Presidency. This Alliance brings together countries, businesses and investors that are working towards achieving zero net emissions by 2050.

Anirban Ghosh, Chief Sustainability Officer, Mahindra Group, said, “We’ve often been asked the question, ‘How do you manage the trade-off between climate action and growth’. And we find that taking climate action helps increase competitiveness, helps increase growth and provides jobs. The ambition is to contain the rise in global temperatures to a maximum of 1.5°C, but we cannot stop until we restore the environmental balance, when emissions are lower than sequestration, until we’ve finally got carbon in the air at less than 400 PPM (parts per million) once again.

Until that time, we must go on and therefore we must continue to raise ambition and we must applaud the actions of those who have come forward and done so in the past. I look forward to many more joining this business ambition for 1.5°C.”

Early last year, Anand Mahindra, Chairman, Mahindra Group, encouraged businesses to set science-based emission reduction targets, while committing to set targets for the Mahindra Group as well. The 177 companies are joined by a group of investors managing close to USD 4 trillion in assets, who have also committed to converting their investment portfolios to net-zero emissions by 2050.

Click here to read how India can help reboot the global economic engine by creating solution for a low-carbon pathway.

Smart City Tech

Five years ago, the Central Government announced the Smart Cities Mission, to set up 100 smart cities across the country. The objective - to develop cities that provide core infrastructure, a decent quality of life to citizens, and a sustainable environment through the application of new technology. To accelerate this Mission, Tech Mahindra is all set to power the Pimpri Chinchwad smart city project near Pune.

Through this project, valued at Rs. 500 crores, Tech Mahindra will engage with more than 15 lakh citizens of the Pimpri Chinchwad Municipal Corporation (PCMC), by enabling a technology-led transformation to convert it into a smart and sustainable city. Part of the Prime Minister’s Smart Cities Mission, this project will be executed over a period of one year.

Tech Mahindra is poised to provide Information and Communication Technology (ICT) infrastructure, that will take care of the city’s telecom network, smart water and sewage management, smart traffic and parking, CCTV surveillance, etc. Tech Mahindra will also enable real-time data management to support the city’s efficient administration.

Sujit Baksi, Head APAC Business and President Corporate Affairs, Tech Mahindra, said, "We, at Tech Mahindra, are bullish about growth opportunities emerging out of the India market, particularly the government sector initiatives. Our association with PCMC outlines Tech Mahindra’s TechMNxt strategy to leverage new generation technologies to deliver an enhanced experience to our customers. It extends our vision of supporting the government’s Smart Cities agenda to strengthen nation-building initiatives that will go a long way in building a robust 5 Trillion Dollar Indian economy."

As part of its TechMNxt charter, Tech Mahindra is focused on making use of next-gen technologies to cater to evolving market needs. With PCMC being a hub for industrial houses and business conglomerates, the municipal corporation has been keen to maximize business value by transforming itself into a smart city.

Driving Farm Tech Prosperity in Brazil

In early October, the Mahindra Brazil factory located in Rio Grande do Sul, celebrated three years of operations. In a highly competitive and consolidated market, Mahindra has grown by 74%, despite a 19% decline in the Brazilian economy during 2018.

To further the commitment and partnership with Brazil, the Mahindra Group has rolled out a number of initiatives. As a part of this strategy, the Group has organized Mundo Mahindra—an immersion trip around the Mahindra World—for dealers and a few members of the sales and marketing team.

Scheduled for February 2020, this trip includes a visit to the Mahindra Tractors headquarters, where the visitors will learn about the various manufacturing processes and what makes Mahindra a world leader in tractors.

The Mahindra Group has also joined forces with Tudo Agrícola, a dealer in the tractor market, to widen the brand’s reach in the Nova Pádua area. Assessing Mahindra’s success in the region, Tudo Agrícola is evaluating the opening of a new unit in the city of Caxias do Sul.

Jak Toretta Jr., General Operations Director, Mahindra Brazil Ltd., said, “We are the only tractor brand that grew in Brazil this year.”

He also announced that the long-term growth strategy is being finalized and that Brazil began to report directly to India with alignment in areas like marketing and product development. Toretta added, “The brand grew 59% in the period from January to October.”

Mahindra Brazil has also been recognized as the ‘Most Engaged Agribusiness Brand on Social Media’. In a study conducted by the Digital Market website, Mahindra was recognized as the most engaged Brazilian agribusiness brand on Facebook. Analyzing public interactions on Facebook, it was found that Mahindra is ahead of its main competitors, including John Deere, Massey Ferguson and Valtra.

Susten-able Growth

In a recent study conducted by Informa Markets it has emerged that Mahindra Susten is India’s Most Preferred Brand in Solar Energy. The study was conducted by interviewing several Independent Power Producers (IPPs) across India. Among its peers in the industry, clients trusted Mahindra Susten to deliver on the promises of adhering to time-lines without a compromise on quality. This is a testament to Mahindra Susten’s commitment to client satisfaction.

Mahindra Susten is one of the largest EPC (Engineering, Procurement and Construction) companies in India, with over 3.9 gigawatts portfolio of projects under various stages of execution.

Built on the Mahindra Rise pillars of—Accepting No Limits, Alternative Thinking and Driving Positive Change, the professionals at Mahindra Susten always strive to shape the future through innovative ways of thinking backed by their strong commitment to renewable energy, while pledging conscious truth to deliver wow moments, which is also the brand’s philosophy.

All processes and teams at Mahindra Susten are aligned to the company’s vision of being the most admired brand in the renewable energy space.

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