
Sustainability
Report 2023
Highlights our unwavering commitment to our planet and its people.

sustainability
Download our Sustainability Reportour 10 commitments
Mahindra creates positive change, for you and the world you live in.

50% by 2025.

20 million trees planted to date.

Future-focused development through our Nanhi Kali program.

Science Based Targets in place.

We reinvigorate water levels by returning more water to the earth than we consume.

• Nanhi Kali
• Project Pride
• Project Prerna

60% by 2025.

1st Indian company to have an internal carbon price.

Highest level of compliance and disclosures.

• India’s 1st certified ZWL location @Igatpuri
• 22/90 identified locations already certified
becoming planet +ve
Driving positive change in the world by going beyond carbon proactively and enabling our stakeholders to Rise.
Greening Ourselves
We are on an accelerated path to a sustainable, low-carbon business to reduce our environmental footprint across operations.

M&M adopted a 60-MWp captive solar plant at Parbhani, Maharashtra to achieve 50% renewable electricity by 2025.

Energy productivity of auto sector has increased by 55% and farm sector by 61% compared to 2009.

MHRIL Kanha: India’s 1st 100% Solar Powered Resort.

Mahindra Heavy Engines Ltd. 1st Indian Company to double its energy productivity.

71% of waste generated by M&M was recycled & reused.

Mahindra Eden designed for 90% waste recyclability.

Mahindra Group has been ‘water positive’ since 2014.
Decarbonizing Our Industries
We are enabling our supply chain to decarbonize themselves, and pushing the industry’s shift to the use of electric vehicles & alternate fuels to shape the future of mobility / accelerate the transition to clean mobility.

Supplier Code of Conduct for all M&M suppliers.

Nearly 600 suppliers, dealers and distributors trained in & assessed on sustainability.

Sustainability programs (LED lights, motor efficiency, etc.) and training with select suppliers.

Largest electric 3-wheeler company in the country with >70% market share.

Mahindra is the 1st Indian manufacturer to surpass 400 million electric kilometres.

Mahindra CERO: India’s 1st Automotive & Steel recycling facility present in 22 Indian cities.
Rejuvenating Nature
We are committed to rejuvenating nature beyond our operational boundaries and enabling our communities to Rise.

Krish-e delivered an increased income of up to Rs. 15,000 per acre across more than 13,500 Takneek plots in F22.

Project Hariyali: 20 million trees planted since 2007, survival rate of 85%.

Mahindra Susten is a 1.5GWp+ capacity solar energy business.

Watershed program completed for 80 villages over 25,000 hectares of land; 13,500 hectares ongoing.
ESG by business
Driving positive change in the world by going beyond carbon proactively and enabling our stakeholders to Rise.

Committed to Science Based Targets (SBT), Mahindra Accelo reduces steel wastage and energy consumption by decarbonising the steel supply chain.

Awarded in the unlisted segment, medium category at 21st ICSI national awards.

Supplying advanced high-strength steel for vehicles and EVs.

Environment-friendly, CERO recycling for end-of-life vehicles.

Education, healthcare, skill development, women empowerment, environment, and community welfare initiatives.

India’s first 100% solar powered resort, Mahindra Kanha is one of the 15 Club Mahindra resorts that generate 48 lakh units (KWh) solar power.

6 Club Mahindra resorts were ‘Water Secure’ by end 2021, raising rainwater utilisation to 255 million litres across resorts.

Club Mahindra Virajpet, India’s 1st certified Zero Waste to Landfill resort is one of five in Club Mahindra.

8 Club Mahindra resorts awarded the ‘Platinum’ Green Building Certification by IGBC-CII.

Mahindra Lifespaces is committed to the Mahindra Group’s 2040 carbon neutrality goals.

India’s only real estate company developing 100% green certified projects since 2014.

150+ building materials tested for energy efficiency, and guidebooks published on energy and water conservation.

Mahindra Eden conserved over 100 plant species, 25 bird species, and 25 butterfly species.

Our commitment to 6 priority actions aligned to Net Zero.

Reached 434 schools, 74000+ students, 2.9 lakh citizens.

Mahindra Logistics is committed to the Mahindra Group’s 2040 carbon neutrality goals.

EV’s driven towards sustainable last-mile delivery.

250+ Electric Vehicles operational across different cities.

56 K+ of Trees planted across nation.

#CutTheCrap campaign orgnaised to collect scrap from employees for making YELO bags (innovative bags which converts into desk) for distribution among school children across our locations.

Ensure quality education through infrastructure development. Impacted 21,000 + lives till date with this program.

Protecting and promoting community healthcare, safety and sanitation.

To help protect our natural environment and combat climate change, we have planted 9 Lakh saplings over 15 years.

We’ve been inducted into the renowned FTSE4Good Index Series for ESG performance 3 times in a row, and ranked 29th amongst the Top 100 Indian companies for Sustainability & CSR 2021 by Futurescape.

Saving on irrigation water through enhancing water use efficiency this also helps in maintaining soil health and optimises plant growth.

Apart from saving irrigation water it also helps in reducing consumption of Electricity, Fertilizers and Pesticides.

With irrigation system we also provide agronomical services to farmers enabling him grow more crop with less Inputs which will enhance the income, social status.

Enhancing livelihoods by turning drought-prone areas into communities with easy access to sustainable water sources.

Fostering employment and entrepreneurship for women through digital literacy and regenerative farming.

A flagship project to curb open defecation through access to hygienic toilets, community awareness sessions and welfare activities.

Distribution centres for PPEs, hospital equipment and masks, providing access to vaccines to vulnerable rural segments.
key moments in our
esg journey
Mahindra leads the way in sustainability.

Voluntary social commitment
M&M starts spending 1% of PAT on CSR.

Project Hariyali commenced
M&M commits to long term tree planting program.

Triple Bottom Line:
Focus on People, Planet and Profit impact.
Sustainability Reporting commences:
Disclosure of ESG performance to stakeholders.

Susten and Reva
Investments in solar energy and electric mobility.

Water Positive
Mahindra Group becomes water positive.

Carbon Pricing
M&M, 1st Indian company to adopt an internal carbon price of $10.
EP100
M&M, 1st Global company to commit to doubling energy productivity.

Carbon Neutrality
Anand Mahindra announces Group’s commitment to being Carbon neutral by 2040 at the Global Climate Action Summit, San Francisco.
Science Based Targets
Mahindra Group commits to SBT and challenges global companies at WEF Davos to adopt them.
CERO Launched
India’s 1st authorized vehicle recycler.
Mahindra Igatpuri Plant
India’s 1st carbon neutral and Zero Waste to Landfill (ZWL) Factory.

Company achieves EP100
Mahindra Heavy Engines, 1st Indian company to achieve EP100 in a record time of 4 years.

Dow Jones Sustainability Index (DJSI)
M&M, 1st Indian Auto company to be a part of the DJSI World Index.
Carbon Disclosure Project (CDP)
Mahindra Lifespaces, 1st & only real estate company in leadership ranking of CDP, Climate.
WEF’s First Movers Coalition
Mahindra joins as founding member committing to purchase of green steel.
Project Hariyali Milestone
20 millionth tree planted.

Mahindra Eden
M&M, 1st Indian real-estate project to be a part of the DJSI World Index.
M&M reaches 45% renewable electricity
60 MWp Solar plant goes online in Parbhani, Maharashtra.
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