Mahindra & Mahindra Ltd. (M&M) and Mahindra & Mahindra Financial Services Ltd. (MMFSL), both part of the USD 16.2 billion Mahindra Group, have been selected as index components of the DJSI, under the Emerging Markets Index.
There are a total of 87 companies on this Index from China, Brazil, Mexico, South Africa, Malaysia, Columbia, Turkey and Taiwan. Over 80 companies were invited to participate from India, of which 9 were finally included in this Index, including Mahindra & Mahindra Ltd. and Mahindra & Mahindra Financial Services Ltd.
MMFSL is also the first Indian company from the banking and financial services sector to be selected for inclusion in this index.
Launched in 1999, the DJSI were the first global indices to track the financial performance of the leading sustainability-driven companies worldwide. These indices evaluate the sustainability performance of the largest 2,500 companies listed on the Dow Jones Global Total Stock Market Index (in terms of market capitalization). The DJSI family contains one main global index, the DJSI World, and various indices based on geographic regions.
“A reputation for being socially responsible is an intangible asset that enhances the value of a firm. In an increasingly unpredictable economic environment, indices such as the DJSI provide investors with a long term, holistic view of a company’s performance and future potential, enabling them to make well informed investment decisions,” said Ulhas Yargop, Chairman, Group Sustainability Council, Mahindra & Mahindra Ltd.
“We are very proud of the fact that two Mahindra Group companies have featured in this year’s list. From operationalising sustainability in day-to-day activities to helping Group Companies strategically leverage sustainability for competitive advantage, sustainability has always been an integral part of business at Mahindra and our inclusion in this prestigious index is testimony to our efforts over the years,” said Beroz Gazdar, Senior Vice President, Group Sustainability, Mahindra & Mahindra Ltd.
About Dow Jones Sustainability Indices
To be incorporated in the DJSI, companies are assessed and selected based on their long term ESG asset management plans. Participating Organisations answer a questionnaire specific to the sector in which they operate and the top 10% from each sector (in terms of scored in the assessment) are chosen for the Index.
Each company is assessed on 1000 data points within 3 dimensions (Economic, Environmental and Social). The assessment consists of a web based questionnaire, company documents, company interactions and media and stakeholder analysis.
Enhanced brand value and increased stock value are the primary advantages that accrue from DJSI membership. The DJSI is also used by a number of Socially Responsible Investing (SRI) funds that do not do their own screening for social responsibility. By being included on the DJSI, companies also become eligible for inclusion in other Socially Responsible Investing (SRI) funds.
About Mahindra
The Mahindra Group focuses on enabling people to rise through solutions that power mobility, drive rural prosperity, enhance urban lifestyles and increase business efficiency.
A USD 16.2 billion multinational group based in Mumbai, India, Mahindra employs more than 155,000 people in over 100 countries. Mahindra operates in the key industries that drive economic growth, enjoying a leadership position in tractors, utility vehicles, information technology and vacation ownership. In addition, Mahindra enjoys a strong presence in the agribusiness, aerospace, components, consulting services, defence, energy, financial services, industrial equipment, logistics, real estate, retail, steel, commercial vehicles and two wheeler industries.
In 2012, Mahindra featured on the Forbes Global 2000 list, a listing of the biggest and most powerful listed companies in the world. In 2013, the Mahindra Group received the Financial Times ‘Boldness in Business’ Award in the ‘Emerging Markets’ category.
Visit us at www.mahindra.com
There are a total of 87 companies on this Index from China, Brazil, Mexico, South Africa, Malaysia, Columbia, Turkey and Taiwan. Over 80 companies were invited to participate from India, of which 9 were finally included in this Index, including Mahindra & Mahindra Ltd. and Mahindra & Mahindra Financial Services Ltd.
MMFSL is also the first Indian company from the banking and financial services sector to be selected for inclusion in this index.
Launched in 1999, the DJSI were the first global indices to track the financial performance of the leading sustainability-driven companies worldwide. These indices evaluate the sustainability performance of the largest 2,500 companies listed on the Dow Jones Global Total Stock Market Index (in terms of market capitalization). The DJSI family contains one main global index, the DJSI World, and various indices based on geographic regions.
“A reputation for being socially responsible is an intangible asset that enhances the value of a firm. In an increasingly unpredictable economic environment, indices such as the DJSI provide investors with a long term, holistic view of a company’s performance and future potential, enabling them to make well informed investment decisions,” said Ulhas Yargop, Chairman, Group Sustainability Council, Mahindra & Mahindra Ltd.
“We are very proud of the fact that two Mahindra Group companies have featured in this year’s list. From operationalising sustainability in day-to-day activities to helping Group Companies strategically leverage sustainability for competitive advantage, sustainability has always been an integral part of business at Mahindra and our inclusion in this prestigious index is testimony to our efforts over the years,” said Beroz Gazdar, Senior Vice President, Group Sustainability, Mahindra & Mahindra Ltd.
About Dow Jones Sustainability Indices
To be incorporated in the DJSI, companies are assessed and selected based on their long term ESG asset management plans. Participating Organisations answer a questionnaire specific to the sector in which they operate and the top 10% from each sector (in terms of scored in the assessment) are chosen for the Index.
Each company is assessed on 1000 data points within 3 dimensions (Economic, Environmental and Social). The assessment consists of a web based questionnaire, company documents, company interactions and media and stakeholder analysis.
Enhanced brand value and increased stock value are the primary advantages that accrue from DJSI membership. The DJSI is also used by a number of Socially Responsible Investing (SRI) funds that do not do their own screening for social responsibility. By being included on the DJSI, companies also become eligible for inclusion in other Socially Responsible Investing (SRI) funds.
About Mahindra
The Mahindra Group focuses on enabling people to rise through solutions that power mobility, drive rural prosperity, enhance urban lifestyles and increase business efficiency.
A USD 16.2 billion multinational group based in Mumbai, India, Mahindra employs more than 155,000 people in over 100 countries. Mahindra operates in the key industries that drive economic growth, enjoying a leadership position in tractors, utility vehicles, information technology and vacation ownership. In addition, Mahindra enjoys a strong presence in the agribusiness, aerospace, components, consulting services, defence, energy, financial services, industrial equipment, logistics, real estate, retail, steel, commercial vehicles and two wheeler industries.
In 2012, Mahindra featured on the Forbes Global 2000 list, a listing of the biggest and most powerful listed companies in the world. In 2013, the Mahindra Group received the Financial Times ‘Boldness in Business’ Award in the ‘Emerging Markets’ category.
Visit us at www.mahindra.com
