Inclusive Buisness Model for Value Creation
Enabling livelihood creation by evaluating the earning potential of customer rather than past financial history.
Offering customised products, flexible repayment schedule & partnering with customer in meeting the needs of rural India.
Imparting financial literacy & focusing on livelihood, health & education in communities.
Focus on rural & semi-urban parts of India which are not covered by conventional banking service.
Hiring local people, generating employment opportunities gaining better understanding of markets & customers.
Preference to local suppliers thereby providing business opportunities & improving their service levels with constant engagement.
Enabling Stakeholders to Rise
Rejuvenating the Environment
Building Enduring Business
The Financial Services Sector Sustainability Council comprises of Core Team Members. This is an 8 member cross-functional team comprising of senior management members from major functions at Financial Services Sector. The Financial Services Core Team meets once in every quarter.
The departments which are represented in the core team of the council are:
|Financial Service Sector||
The Financial Services Sector of the Mahindra Group integrates the well-being of the community and the environment with long term economic value creation. It strives to give back more than it takes and thus drives positive change.
Included in the ‘CRISIL Sustainability Yearbook 2022’ in the Leadership category for ESG performance
Included in the renowned FTSE4Good Emerging Markets Index series for ESG Performance for the 3rd time.
Selected as the winner of the ‘The Mahindra Group Sustainability Performance Award, 2021
Ranked 29th amongst Top 100 Indian companies for Sustainability & CSR 2021 by Futurescape
Included in the renowned FTSE4Good Index Series for the second year.
Ranked 48th amongst Top 100 Indian companies for Sustainability & CSR under Responsible Business Rankings 2020 by Futurescape.
Attained performance band: B in the Carbon Disclosure Project Assessment Indicating that the company is in Management Band.
Included in ‘DJSI Sustainability Yearbook 2021.
Included in the distinguished FTSE4 Good Index Series constituent
Listed on the Dow Jones Sustainability Index (DJSI) Emerging Market Trends for the 7th consecutive year
CDP attained band A– in the supplier engagement rating
First Indian financial services company to commit to call to action for the Science Based Targets initiative (SBTi)
As the first step towards sustainable finance, formulated an ‘Exclusions List’, which enables us to screen out specific industries that carry extremely high social or environmental risks
Formulated the 'Vendor & Supplier Code of Conduct'
Featured in the Sustainability Yearbook 2019 by RobecoSAM
1,941 Electric Vehicles (EVs) financed for INR 23.46 crore
For the first time, aligned Sustainability Reporting with the international <IR> framework of the IIRC
Financial Services Sector’s Annual Family Fun Day – Vrindavan 2018 received Yale’s Gold Level Green Events Certificate for the first time
Awarded the Conscious Capitalist of the Year by Forbes India for promoting sustainable and transformational business practices
Sustainability Report 2016-17 was adjudged the best report by India CSR
Elevated to Performance Band – B on CDP, which affirms our coordinated actions on climate change issues
Released First Business Responsibility Report (BRR) in accordance with the Securities and Exchange Board of India (SEBI) mandate for top 500 listed companies
Constituted the Sustainability Council for Financial Services Sector (FSS)
Project Shunya, a road safety initiative, was launched to encourage safer driving practices for two-wheeler drivers
Report published in accordance with GRI’s G4 guidelines
First Indian NBFC to be included in the Carbon Disclosure Leadership Index (CDLI) 2014
First Indian company from the Banking Financial Services and Insurance (BFSI) sector to be included in The Sustainability Yearbook 2015 by RobecoSAM
Planted 78,141 saplings across India
Adopted the triple bottom line approach for reporting annual performance
Awarded commendation certificate for significant achievement on the journey towards sustainable development by the CII-ITC Centre of Excellence for Sustainable Development
First report published in accordance with GRI's G3.1 guidelines
Included in the Dow Jones Sustainability Index (DJSI) Emerging Market Universe
“I Am Responsible‘” campaign is to sensitize and build ESG culture in employees. The Initiative revolves around and is rooted with United Nation Sustainable Development Goals . Enhancing employees' understanding for responsible behavioural changes towards being planet positive and socially conscious.
The Initiative’s motto is to make employees Invest intellectually towards our planet an be Sustainable Consumer as “We do not inherit the Earth from our ancestors, we borrow it from our children.”
We follow Policy for Disposal of lT Assets which is in-accordance to applicable rules and guidelines.
100% of e-waste has been managed as per the regulations.
At our MIBL Head Office in Mumbai, existing 3,10 lights has been replaced with the LED lights which resulted in saving of 32,000 KWH of electricity every year. This has also contributed to reduction in the GHG emission because of electricity consumption.
“ Paper Reduction- Up -cycling of papers , Soil Conservation- Seasons Greeting with Treeting, Sustainable Consumption- Best of waste , Energy Efficiency Quiz, E-waste collection Drive, Sustainable Gifting”
Understanding what matters most.
An understanding of materiality enables us to prioritize the issues that matter most across our value chain. The materiality matrix shown below reflects the outcome of our 2016 materiality assessment.
The topics with the highest priority for stakeholders and the biggest estimated impact on our business appear in the top right of the chart.
Email: [email protected]
Toll free number: 1800 233 1234 (Mon–Sun, 8am to 10pm)
(Except National Holidays)
WhatsApp number: 7066331234
For illustration purpose only
Total Amount Payable