At the Global Climate Action Summit today, Mahindra & Mahindra (M&M), India’s leading manufacturer of utility vehicles and part of the $20.7 billion Mahindra Group, announced its commitment to become a carbon neutral company by 2040. M&M will be working with Environmental Defense Fund (EDF) to meet its carbon neutrality commitment. For over 25 years, EDF has combined cutting-edge science, economic expertise and unexpected partnerships to help high-impact companies – including Walmart, KKR and FedEx – transform business as usual in their products, operations, supply chains and advocacy.
“Mahindra is a household name in India and its leadership matters. By pledging to reach carbon neutrality in its operations, Mahindra is sending a clear message that investment in climate-smart growth is good for business. This commitment can unlock collaboration, innovation, and results.
“Mahindra and Mahindra’s path to its carbon neutrality commitment has been paved with many strong actions on renewable energy and energy efficiency over the years. This experience is exactly what makes bold corporate commitments on climate action possible.
“Climate neutrality is an ambitious goal, and one Environmental Defense Fund wholeheartedly supports. It’s now important to execute and show results, because climate commitments don’t mean much without climate action.
“EDF hopes to see other companies in fast-growing economies take similar strong steps to put our planet back a path to climate stability.”
• Richie Ahuja, Senior Director for Global Climate at Environmental Defense Fund.
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Environmental Defense Fund (edf.org), a leading international nonprofit organization, creates transformational solutions to the most serious environmental problems. EDF links science, economics, law and innovative private-sector partnerships. Connect with us on Climate411, Twitter and Facebook.