Cash Deployment Strategy & Value Creation slide image

Cash Deployment Strategy & Value Creation

OUR SUSTAINABILITY COMMITMENT M&M Auto: Net-Zero by 2040 F23 (A) F25 F30 F35 F40 Decarbonize Industries Reduce Scope 3 emissions Net Zero Carbon¹ Scope 1+2 intensity reduction % VS F19 (-) 43% (-) 47% (-) 60% (-) 70% (-) 80% Renewable Electricity Share % share Robust pipeline for launch of multiple passenger EVs, electric Last Mile Mobility solutions 49% 50% >90% 100% Energy Productivity % VS (+) 94% (+) 95% >100% Improvement F09 Net Zero Water² Water Positivity % >100% Net Zero Waste² Zero Waste to Landfill (ZWL) % sites 87% 100% Highlights • • Energy productivity: Mahindra Heavy Engines India's 1st co. to double energy productivity ('20); Multiple industry 1st initiatives, e.g., hybrid solar for HVAC Water: Water positive at group level since 2014; 70% of total water withdrawn in F23 replenished through groundwater recharge • • • Science Based Target set for 30% reduction in intensity by F34 (vs F19) presence in XUV400 launched: Fastest booked e-SUV in India (15k in 13 days), manufactured at 100% water-positive facility using renewable energy Strong Pipeline: 4 more new e-SUV launches planned till 2027 LMM: 70% market share in e-3 wheelers; New unit in Zaheerabad, ~INR 1,000 Cr. investment planned Decarbonizing supply chain First of its kind India pilot of Sustainable Supplier Impact Program in partnership with United Nations Global Compact Active climate advocacy via partners, e.g., WEF's First Movers Coalition Rejuvenating Nature 22M+ trees planted till date as part of afforestation program (Hariyali) Biodiversity assessment and conservation underway across sites • Scope 1+2: Internal targets more stringent than publicly committed Note: (1) Standalone for Auto Division (2) Consolidated for AFS Sector 5
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