Mahindra & Mahindra Financial Services Limited (MMFSL) is a leading non-banking financial company (NBFC) in India that provides a wide range of financial products and services to customers across the country. Established in 1991, MMFSL is a subsidiary of Mahindra & Mahindra Limited, a diversified conglomerate with interests in automotive, agriculture, aerospace, and defense sectors.

MMFSL operates in the auto finance sector, providing financing solutions for commercial and personal vehicles, tractors, and construction equipment. The company has a pan-India presence with over 1,300 branches and serves over 6 million customers. MMFSL has a strong focus on rural and semi-urban markets, where it provides customized financial solutions to meet the unique needs of customers.

Decarbonisation is a key focus area for MMFSL, and the company has taken several initiatives to reduce its carbon footprint and promote sustainable practices. MMFSL has implemented energy-efficient measures in its operations, such as the use of LED lighting, solar panels, and rainwater harvesting systems. The company has also adopted a paperless approach to reduce its consumption of paper and promote digital transactions.

Corporate energy is another area of focus for MMFSL, and the company has implemented several measures to optimize its energy consumption and reduce costs. MMFSL has invested in energy-efficient equipment and technologies, such as HVAC systems, lighting, and IT infrastructure. The company has also implemented a comprehensive energy management system to monitor and control its energy consumption.

Corporate power purchase agreements (PPAs) are an important tool for companies to procure renewable energy and reduce their carbon footprint. MMFSL has signed several corporate PPAs with renewable energy companies to meet its energy needs and promote the use of clean energy. The company has also invested in renewable energy projects, such as wind and solar power, to reduce its dependence on fossil fuels and promote sustainable practices.

Renewable energy is a key focus area for MMFSL, and the company has set ambitious targets to increase its share of renewable energy in its operations. MMFSL aims to source 50% of its energy from renewable sources by 2025 and has already made significant progress towards this goal. The company has installed solar panels at several of its branches and offices, and has also invested in wind and solar power projects.

In addition to its focus on sustainability and renewable energy, MMFSL is also committed to promoting financial inclusion and supporting the growth of rural and semi-urban markets in India. The company has launched several initiatives to provide financial literacy and education to customers, and has also partnered with government agencies and NGOs to promote financial inclusion in underserved communities.

Overall, MMFSL is a leading player in the auto finance sector in India, with a strong focus on sustainability, renewable energy, and financial inclusion. The company has taken several initiatives to reduce its carbon footprint and promote sustainable practices, and has set ambitious targets to increase its share of renewable energy in its operations. With its strong presence in rural and semi-urban markets, MMFSL is well-positioned to support the growth of these markets and promote financial inclusion in India.