Mahindra & Mahindra Receives Strong ESG Ratings
Mahindra & Mahindra Ltd has announced receiving ESG assessment reports from two independent SEBI-registered ESG Rating Providers. CRISIL ESG Ratings & Analytics assigned an overall ESG Rating of 72 ("Leadership"), positioning the company as the highest-rated Auto OEM, citing improvements in Social and Governance performance, EV adoption, climate commitments, safety, and board diversity. ESG Risk Assessments & Insights Limited awarded an overall ESG Score of 67 (“Strong”), placing M&M in the Leadership category within the automobile sector. This assessment highlighted strengths in supply chain human rights, product responsibility, board governance, employee development, and financial transparency. The company clarified that these assessments were undertaken independently and not at the company's request.
Key Highlights
- Received 'Leadership' ESG rating (72) from CRISIL, highest in Auto OEM.
- Achieved 'Strong' ESG score (67) from ESG Risk Assessments & Insights.
- Ratings driven by progress in EV adoption, climate, safety, and governance.
- Assessments were independent, not solicited by the company.
Price Impact
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