Three Mahindra Group Companies Amongst Global Industry Leaders for Responsible and Sustainable Business on Dow Jones Sustainability Index 2016

Sep 16, 2016, 08:00 ET from Mahindra & Mahindra Ltd.

MUMBAI, September 16, 2016 /PRNewswire/ --

Mahindra & Mahindra Ltd., Tech Mahindra and Mahindra & Mahindra Financial Services Ltd (MMFSL) have emerged amongst the leading companies in their respective industries in the Dow Jones Sustainability Emerging Market Indices (DJSI-EMI) 2016.

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Tech Mahindra has been included in the DJSI World Category for the second time. While, Mahindra & Mahindra Ltd. and MMFSL have retained their positions in the Emerging Market Index of DJSI for the fourth year in succession.

"The Mahindra Group has a deep and long term commitment to sustainability which is one of the most significant ways in which we are driving positive change among the communities in which we operate both within India, and around the world. This prestigious global recognition is a proud moment for the Group and it inspires us to step up our sustainability efforts over the coming years," said Mr. Anand Mahindra, Chairman, Mahindra Group.

In the DJSI analysis, all three Mahindra Group companies were rated high on working closely with the community and employees, risk and crisis management, environmental action and codes of business conduct. M&M Ltd. showed a 23% reduction in energy required to produce a vehicle, the Group is a water positive and the company has been resilient to economic stress.

Launched in 1999, DJSI is the gold standard for corporate sustainability and the first global index to track the leading sustainability-driven companies. The DJSI leaders were chosen from over 800 companies, out of which 95 made it to Emerging Market Index which includes BRICS countries.

About Mahindra 

The Mahindra Group focuses on enabling people to rise through solutions that power mobility, drive rural prosperity, enhance urban lifestyles and increase business efficiency.

A USD 17.8 billion multinational group based in Mumbai, India, Mahindra provides employment opportunities to over 200,000 people in over 100 countries. Mahindra operates in the key industries that drive economic growth, enjoying a leadership position in tractors, utility vehicles, information technology, financial services and vacation ownership. In addition, Mahindra enjoys a strong presence in the agribusiness, aerospace, components, consulting services, defence, energy, industrial equipment, logistics, real estate, retail, steel, commercial vehicles and two wheeler industries.

Visit us at www.mahindra.com

 

Media contact:
Varsha Chainani
Sr. VP, Group Communications
Mahindra & Mahindra
chainnani.varsha@mahindra.com

 

SOURCE Mahindra & Mahindra Ltd.