Mahindra Holidays signs on RE 100 and EP 100
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Mahindra Holidays & Resorts India (MHRIL) has committed to join RE 100, a global campaign led by The Climate Group bringing together the world’s most influential businesses committed to 100 per cent renewable power. The company has a target to power 100 per cent of its global operations with renewable electricity by 2050. In 2016, MHRIL had signed on EP100, committing to doubling energy productivity by 2030 from a baseline year of 2008-09. It thus becomes the first company in the hospitality sector to sign on both the programs.
Kavinder Singh, MD & CEO, MHRIL stated, “At Mahindra Holidays, sustainability is core to our business. We are committed to using renewable sources of energy and deploying energy efficient solutions in all aspects of our operations. By signing on both EP 100 and RE 100, we have reinforced our commitment to achieving our renewable energy and energy productivity targets. We believe these initiatives are in alignment with our mission of ‘Good Living, Happy Families’.”
Mike Peirce, Corporate Partnerships Director, The Climate Group, said: “We congratulate Mahindra Holidays & Resorts India for showing ambitious climate action by signing up to source 100% renewable electricity. As the first company in the hospitality sector to join both RE100 and EP100, they are leading by example on a global scale, and demonstrating that cleaner, smarter energy use makes business sense. Increasing energy productivity will enable a faster transition to renewables – delivering emissions cuts and boosting the bottom line.”
Currently 7 per cent of MHRIL’s current energy requirements are sourced from renewable sources that amounts to 1,470 kWp which is largely solar power.