WITH increasing levels of concern about globalisation, the World needs examples. It needs global companies that work to the benefit of all stakeholders. Mahindra & Mahindra is one such company. While the “Three Ps” of sustainability are generally understood as People, Planet and Profit, Mahindra & Mahindra is known for adopting a fourth “P” — practicing good governance as a process. Mahindra Group has made strong corporate governance its foundation for delivering innovation and sustainable growth across the many sectors in which it operates. For Mahindra & Mahindra, good corporate governance is an enabler — and the BV judging panel was particularly impressed by the company’s track record for being ahead of legal requirements, and by its interactive approach to ensuring continual adaptation of governance practices to ensure the strongest possible foundation for the business. The judges were unanimous, and without hesitation, in declaring Mahindra & Mahindra as winner of the 2019 award for Best Corporate Governance (India).
