ESG Approach

Sharpening
our ESG focus

We remain committed to prioritising the issues identified as important to our business in our materiality assessment. By mapping the potential impact of these issues on our operations, we have gained a better understanding of the needs and aspirations of our stakeholders. This has enabled us to effectively translate stakeholder engagement into long-term value-creation activities that benefit all our stakeholders.

We practise sustainability in everything we do.
Operations

Achieve carbon and waste-free growth through energy efficiency, and renewable energy

Products

Enable more sustainable design, business and marketing processes, and conserve resources

Ecosystem

Policy advocacy, partnership, and commitments strengthen our thought leadership

We have developed a sustainable framework to ensure that we deliver growth and profitability while reducing our carbon footprint and giving back to our communities by undertaking initiatives that contribute towards a better tomorrow.

Mahindra Sustainability Framework
Building enduring businesses by rejuvenating the
environment and enabling stakeholders to Rise
Enabling Stakeholders to Rise
  • Build a great place to work
  • Foster inclusive development
  • Make sustainability personal
Rejuvenating the Environment
  • Achieve carbon neutrality
  • Become water positive
  • Ensure no waste to landfill
  • Promote biodiversity
Building Enduring Business
  • Grow green revenue
  • Mitigate risk, including climate risk
  • Make supply chain sustainable
  • Embrace technology and innovation
  • Enhance brand equity
Partnering. Learning. Sharing.
Giving back more than we take
Sustainable Growth
Environment
  • Product Stewardship
  • Green Product
  • Waste Management
  • Material and Energy Intensity
  • Green Logistic
  • Reduce, Reuse, Recycle
Social
  • Health and Safety
  • Human Rights
  • Impact on Society
  • Collective Bargaining
  • Community Development
  • Bribery and Corruption
Economic
  • Suppliers
  • Environment Investments
  • Local Hiring
  • Economic Value Generated
  • Climate Change Implication
Mahindra Group Sustainability Mandate
Planet Positive Framework
Ambition: Global ESG Leader
Vision: Together We Rise for Planet Positive
Greening Ourselves
  • 1.

    Net Zero on Scope 1+2 Emissions*
    (RE usage & energy efficiency)

  • 2.

    Net Zero on Water and Waste*
    (Reuse, reduce & recycle)

  • 3.

    Adopting Material Circularity*
    (Reduce, reuse & green material)

Decarbonising Our Industries (addressing Scope 3)
  • 4.

    Transitioning to a Green Portfolio
    (EVs in Auto, LMM & Logistics; Green buildings & resorts)

  • 5.

    Supporting the Transition to Net-zero Supply Chain*
    (Logistics)

  • 6.

    Industry Circularity*
    (Auto recycling)

Rejuvenating Nature
  • 7.

    Promoting Regenerative Agriculture (via improved farming techniques)

  • 8.

    Afforestation at Scale
    (Hariyali program)

  • 9.

    Investing in Green Technology
    (Solar, hybrid, storage)

Enablers
Leading on Reporting & Disclosures
Incubator for Green Technology
Leadership Positioning through Communication
Active Voice for Climate Advocacy
Practical Capability Building Plan

We have adopted the ‘Planet Positive’ framework and customise it to add elements on the 3 dimensions of greening ourselves, decarbonising our industry, and rejuvenating nature. We have set short-term and long-term targets against each element and monitor progress.

Material Assessment
Environment