MAHINDRA RACING BECOMES THE FIRST TEAM TO BE CERTIFIED THREE-STAR EXCELLENCE IN SUSTAINABILITY BY THE FIA

The most sustainable squad on the grid becomes the first Formula E team in history to receive Three-Star Accreditation– the highest accolade in the FIA’s framework.   Mahindra Racing is delighted to announce that it is the first Formula E team in history to receive the highest sustainability accolade by the Federation Internationale de l’Automobile (FIA), motorsport’s governing body. The FIA Environmental Accreditation Programme is aimed at helping motorsport and mobility stakeholders worldwide to measure and enhance their environmental performance. By introducing a clear and consistent environmental management system, it provides stakeholders with a three-level framework against which to accredit their activities. After initially achieving Two-Star Accreditation in November 2016, which was reconfirmed after an audit in December 2018, the team has worked tirelessly to work towards Excellence in the accreditation process.   Three-Star Accreditation translates as Best Practice. By awarding Mahindra Racing with the accolade, the FIA recognises that the team, which was the first OEM to commit to the world’s first all-electric racing championship, demonstrates best practice and commitment to seek continual improvement through the implementation of an environmental management system. Mahindra Racing is only the second motorsport team in the world to receive Three-Star, in addition to McLaren Racing Formula 1 Team.   Mahindra Racing’s efforts are, and will continue to be, in tandem with Mahindra Group’s commitment and quest to achieve group-wide carbon neutrality. Under the aegis of the Mahindra Hariyali initiative, the Group aims to increase the green cover by planting more and more trees and providing livelihood and nutritional security with a commitment to plant 1 million trees every year. With the annual commitment of one million trees met this year, the plantation stands at 18 million trees over the last 13 years. Hariyali means ‘greenery’ in Hindi.   The team’s news comes just days after Formula E, which becomes a World Championship for the first time in the upcoming season, announced it has become the first sport to achieve a net zero carbon footprint dating back to inception. This announcement from the sport was also key to Mahindra Racing, as it means that the team has a net zero carbon footprint on all race and test events, including freight, travel, event operations and race car production.   The team is committed to the FIA environmental certification programme by minimising its environmental impact and working towards achieving carbon neutrality. It takes learnings from advanced technologies on the race track to apply it to its road cars within its Race to Road initiative, developing and promoting more sustainable transportation solutions.   Mahindra Racing’s efforts are underpinned by the wider Mahindra Group sustainability efforts. Chairman Anand Mahindra is considered one of the world's most innovative business leaders and has been an outspoken advocate of seizing the business opportunities associated with climate change; building sustainable and enduring businesses by rejuvenating the environment. The sustainability framework is a comprehensive one that guides Mahindra Group’s actions and it has a long-term commitment towards the preservation and improvement of the environment. Its climate commitments include being a carbon neutral group by 2040, it is a ‘water positive’ group and it owns 14 facilities that are Zero-Waste-to-Landfill certified (by Intertek), where it was able to recycle, reuse & compost over 140,000 tonnes of waste in 2018 alone.