Page 51 - SAMENA Trends - July-September 2024

REGIONAL & MEMBERS UPDATES SAMENA TRENDS

Environmental Achievement, and
Leadership). This accolade underscores
our commitment to sustainability and
environmental stewardship, driving
transformative change and setting
industry benchmarks. Tech Mahindra’s
sustainability solutions driven by new-age
technologies and decades of experience
help customers’ business model to scale at
speed into a greener, better organization.”
The methodology for the 2023 SEAL
Awards involved a meticulous analysis of
the “Climate Change” dimension of CDP’s
2023 A-List assessment, representing
over 21,000 disclosing companies. This
data was combined with the 2023 CSA
/ S&P Global ESG ratings, covering over
9400 companies. The SEAL Awards team
analyzed the distribution of rankings
for each CDP and CSA, determining
a numerical equivalent score that
captured an equal level of selectivity. The
methodology reflects a 69% weighting
on the environmental dimension, along
with 17% and 14% weighting on social
and economic dimensions, respectively.
This comprehensive approach leveraged
premier ESG data sets to select the 50
most sustainable companies in the world.
The SEAL Organizational Impact Award, part of S&P Global ESG Scores™). This As a SEAL Organizational Impact Award
a hallmark of excellence in sustainability, rigorous selection process underscores winner, Tech Mahindra is poised to continue
celebrates organizations demonstrating the importance of these assessments its journey towards creating a sustainable
outstanding leadership, transparency, in identifying enterprises that excel in future, driving innovation, and setting new
and commitment to sustainable business sustainability. This award is a significant standards in the industry. Recently, Tech
practices. The 2023 award methodology milestone for Tech Mahindra. It affirms the Mahindra was also recognized among
combined two premier ESG data sets: organization’s dedication to sustainability World’s Most Sustainable Companies
the CDP A-List™ and the Corporate and recognizes its efforts to integrate ESG 2024 by TIME Magazine and Statista.
Sustainability Assessment (CSA, now principles into every facet of its operations.

Tech Mahindra and Marshall Sign MoU to Drive Innovation and Sustainability

in Aerospace and Defense Engineering

Tech Mahindra, a leading global in aircraft design and manufacture, special Tech Mahindra, said, “The aerospace
provider of technology consulting and mission platforms, and the development of and defense engineering sector faces
digital solutions to enterprises across digital maintenance, repair, and overhaul significant challenges, including the need
industries, announced that it has signed (MRO) technologies. Marshall will leverage to drive productivity gains and sustainable
a Memorandum of Understanding (MoU) Tech Mahindra’s expertise in data analytics technology advancements. Combining
with Marshall Group, a specialist in and intelligent field support technologies Tech Mahindra’s global engineering and
engineering services for the aerospace to enhance its infrastructure solutions’ technology capabilities with Marshall’s
and defense industry. The collaboration operational efficiency and reliability. rich heritage and specialized knowledge,
will combine the organizations' advanced Additionally, Tech Mahindra will engage we are poised to create a powerful
engineering capabilities and cutting- in advanced design projects focused on collaboration to drive innovation, deliver
edge digital solutions to drive innovation developing future hydrogen fuel systems, exceptional customer value, and enable
and sustainability in the aerospace and aiming to replace fossil fuels and promote the industry to scale at speed.” Tech
defense sectors. Tech Mahindra will sustainability in aviation. Narasimham Mahindra and Marshall will harness their
support Marshall’s engineering programs RV, President - Engineering Services, unique capabilities to drive growth and

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