Mahindra & Mahindra Ltd

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Direct Lobbying Transparency

Overall Assessment	Comment	Score
Comprehensive	Mahindra & Mahindra Ltd offers a highly transparent picture of its climate-policy lobbying. It names a wide array of identifiable measures it engages on, including the “FAME (Faster Adoption and Manufacturing of Hybrid and Electric Vehicles) Scheme,” the “Perform Achieve and Trade scheme,” the “Renewable Purchase Obligation regulation,” and waste-related rules such as the “Draft End-of-Life Vehicle,” “Battery Waste Management,” “Plastic Waste Management,” “E-Waste Management,” “Used Oil Management” and “Used Tyres Management” rules, as well as discussions on carbon markets and the Carbon Border Adjustment Mechanism. The company explains the mechanisms it uses and the decision-makers it approaches, citing direct dialogue and amendment proposals to the “State & Central Pollution Control Board of India,” consultations with the Ministry of Heavy Industries and the Government of India, engagement with the “Maharashtra Electricity Regulatory Commission,” public-private pilots with Energy Efficiency Services Limited, and representation through industry forums such as SIAM, FICCI, CII and the B20 Task Force. It is equally explicit about the legislative or regulatory outcomes it is seeking: enlarging the Renewable Purchase Obligation and restoring wind-power incentives, directing carbon-tax revenues to subsidise electric vehicles and renewable energy for MSMEs, mandating EV use in selected sectors, securing approvals for interstate waste movement so material is sent for co-processing rather than landfill, and tightening Extended Producer Responsibility implementation. By setting out the specific policies, the methods of influence, the targets of engagement, and the precise changes it wants enacted, the company demonstrates a comprehensive level of transparency around its climate-related lobbying activities.	4

Lobbying Governance

Overall Assessment	Comment	Score
Moderate	Mahindra & Mahindra Ltd has implemented a structured approach to align its lobbying with its climate strategy, though it does not disclose a defined process for ensuring consistency across its indirect engagements through trade associations. The company explains that “all the policy decisions @M&M are taken at the Qtrly Group Sustainability Council level, Recommendations are collected thru stakeholder engagement and submitted to the concern policy office,” illustrating a formal mechanism for reviewing climate-related policy proposals. It affirms a public commitment to operate “in line with the goals of the Paris Agreement,” and asserts that “we continuously review and monitor our public policy engagements,” which underscores its intent to align advocacy with its climate objectives. Oversight is clearly attributed to “Ms. Abanti Sankaranarayanan, the Chief Group Public Affairs Officer who also oversees Group Sustainability,” a member of the Group Executive Board charged with ensuring its lobbying efforts “align with broader sustainability objectives.” However, while the organisation “actively participates in lobbying and advocacy efforts … with … trade associations,” it does not disclose specific procedures for assessing or reconciling the positions of those associations when they may diverge from its climate commitments.	2