Ambitions
- Twenty companies in the Mahindra Group have committed to science-based targets.
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The company has a number of businesses that enable climate action. Climate is a 21st century challenge and opportunity.
- Provides sustainability oversight by the board and has sustainability councils at business unit levels.
- Planted over 16 million trees in India.
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Established key targets:
- Mahindra Group is committed to being carbon neutral by 2040.
- Five of the most energy-intensive companies have committed double energy productivity by 2030.
- One of its largest businesses has committed to be powered 100% by renewable energy by 2050.
Investments
- Mahindra’s environmental investments for the fiscal year 2018-2019 were INR 107 million (i.e. $1.5 million). This amount includes investments in setting up plants for renewable sources of energy and waste disposal, treating chemical waste, and controlling air pollution.
Innovation
- Mahindra Electric is the country’s largest electric vehicle manufacturer.
- The company has launched more than 100 projects each year in the area of energy efficiency.
For more information, visit https://www.mahindra.com/riseforgood/rejuvenating-the-planet.
