New Delhi, 3 October 2020: Mahindra group commemorated its 75th anniversary celebrations this week. The group on this occasion shared its achievements on the social front which by any standards are exceptional. Its social achievement list includes efforts to rejuvenate the environment and the changes it has brought in individual lives.
In a statement, Mahindra Group stated that it has pledged to become carbon neutral by 2040 a decade ahead of the Paris Agreement’s target by optimizing energy efficiency, focusing on the use of renewable energy and creating carbon sinks. It also said that the Project Hariyali commits to planting more than 10 Lakh trees annually.
The company’s concerns and commitment towards the environment are visible through its achievements so far:
- It has planted over 17 million trees till date
- Most of the M&M plants are certified Zero Waste to Landfill
- It is a water positive Group
- Mahindra has a $600 million green product portfolio that consists of low carbon, climate friendly product lines and corporate practices, including: EVs, green housing, solar business, micro irrigation.
Along with highlighting its effort on ensuring green ecology, the organization also shared its commitment and achievement towards empowering girls, youths and farmers.
- Project Nanhi Kali has supported the education of over 450,000 underprivileged girls till-date
- A total of nine Mahindra Pride Schools have trained 39,280 youth from socially and economically disadvantaged backgrounds. 100% of the students have been placed.
- 6,519 Mahindra Pride Classrooms have trained till date 2,87,417 youths, thereby drastically improving their chances of being gainfully employed
- Mahindra marked its 60th anniversary by redefining corporate social responsibility at the Mahindra Group, and pledged 1% PAT towards CSR initiatives which included providing cochlear implants to 60 hearing-impaired underprivileged children across the country.
- ‘Employee Social Options’ (ESOPs) encourages employees to volunteer for various CSR projects. Year on year, Mahindra Group employees have contributed more than 3.3 million person-hours
Commenting on this significant milestone, Anand Mahindra, Chairman, Mahindra Group said, "The Mahindra Group has remained resilient and thrived over the past 75 years by staying true to its core values and high standards of corporate governance every single day. These values seek to drive positive change in the lives of our stakeholders and the communities we serve around the world, while ensuring we remain agile and future ready. I am filled with enthusiasm and gratitude as we make this commitment toward giving back to the community, in a particularly tough year for humanity."
On this occasion, its employees pledged to contribute 7,50,000 hours volunteering to increase the well-being of the communities globally, as part of Mahindra’s global celebration of the ‘Spirit of Service.’
