Mahindra Group to financially compute its impact on society: Anand Mahindra

Mahindra and RIL are two Indian firms that joined 61 other global firms to commit to the core Stakeholder Capitalism Metrics released by IBC at the World Economic Forum this Jan

The Mahindra Group is working on measuring the social impact the group creates as part of its ESG commitments, Anand G Mahindra, Chairman Mahindra Group.

“On the 75th anniversary of the Mahindra Group, we proudly commit that we will measure our social impact as rigorously as we measure our financials. We will compute our social impact, quantify it in financial terms and target its increase,” Mahindra informed its shareholders at the company's Annual General Meeting on Friday.

ESG, which stands for environmental, social and governance criteria, is of increasing interest to companies, their investors and other stakeholders. With growing concern