M&M Is The First Indian Automotive Firm To Enter DJSI Twice

Mobility Outlook Bureau
25 Jan 2023
12:25 PM
1 Min Read

The group becomes the first Indian ‘Automobile & Components’ company to enter the World Index of Dow Jones Sustainability Index for the second consecutive year; Tech Mahindra included for the 8th consecutive year


Mahindra & Mahindra (M&M) announced that the group has been included in the World Index list of companies in the Dow Jones Sustainability Index (DJSI) 2022 for the second consecutive year. 

A communication from the group stated that out of the six Indian companies featured in the World Index this year, two are Mahindra Group companies – M&M and Tech Mahindra. M&M is one of the nine companies globally from the ‘Auto & Component’ Sector in the World Index.

While M&M also featured in the Emerging Market Index of DJSI for the 13th time in a row, Tech Mahindra has been a member of the World Index and the Emerging Market Index for the last eight years. This year there are 17 Indian companies in the Emerging Market Index.

Dr Anish Shah, Managing Director and CEO, M&M, said, “The Mahindra Group started its climate action journey way back in 2008 and has been at the forefront of climate action in India. We have covered ground across several industries in which we are present and aim to be a carbon neutral business group by 2040; but we wish to go beyond to becoming a Planet Positive business focussing on all aspects of environment and leaving a positive impact in the years to come”.

DJSI, a partnership between the S&P Dow Jones Indices and RobecoSAM, seeks disclosures from more than 5,300 companies globally. It is the first global index to track sustainability actions by corporates on environmental, social and governance dimensions. A company makes it to the World Index if its scores are in the top 10 per cent of its sector worldwide. 

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