Mahindra & Mahindra becomes first Indian company to join EP100 campaign
Posted on:22 Apr 2016 14:28:18
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22 April 2016 Current Affairs: Automobile giant Mahindra & Mahindra has become the first Indian company to join a global energy campaign led by an international non-profit group that will work with the world's most influential businesses in setting commitments to double their energy productivity. Sustainability is an integral part of Mahindra's approach to business. By signing up for EP100, we are making a significant commitment to doubling our energy productivity by 2030 on a baseline of 2005, and hope to make a strong contribution towards achieving the climate goals agreed upon at COP21. By signing up to 'EP100' campaign led by 'The Climate Group', the world's largest manufacturer of tractors has committed to doubling their energy productivity by 2030, a core requirement for any business signing on to the campaign.
The announcement comes a day before Mahindra Group chairman Anand Mahindra will represent the corporate world at the high-level signing ceremony of the historic Paris climate change agreement at the United Nations .Mahindra's decision to join the campaign will inspire other companies in India to include "energy productivity targets as part of a new 'norm' for global business."
Mahindra and Mahindra Limited : Mahindra and Mahindra Limited (M&M) is an Indian multinational automobile manufacturing corporation headquartered in Mumbai, Maharashtra, India. It is one of the largest vehicle manufacturers by production in India and the largest manufacturer of tractors across the world.It is a part of Mahindra Group, an Indian conglomerate
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