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Mahindra Group Promotes Ankit Todi to Group Chief Sustainability Officer: 4 Things to Know

July 2, 2024 by Joe Panettieri

Mahindra Group, the Indian multinational conglomerate, has promoted Ankit Todi to group chief sustainability officer.

Here are four things to know about Mahindra Group's business focus and sustainability goals, and Todi's expertise and experience.

1. Business Scope and Scale: Mahindra Group, founded in 1945, is based in Mumbai, India. Annual revenue was roughly US$15 billion in 2023. The business had roughly 260,000 employees as of 2022. Key focus markets include the automotive industry, IT services, finance, hospitality, agriculture, defense and aerospace, logistics, real estate and education.

2. Sustainability Focus:  Mahindra Group is committed to becoming carbon neutral by 2040 for Scope 1 and 2 through three main drivers for decarbonization: Energy reduction through energy-efficient equipment and process innovations, carbon sinks created through afforestation, and renewable energy adoption aligned with science-based targets, which are in place for Scope 1,2 and 3.

3. Chief Sustainability Officer Details: Ankit Todi joined the Mahindra Group in 2022, focusing on the company's Planet Positive sustainability strategy. He's deeply involved in the company's Group Sustainability CEO Council, and he is the point person for Mahindra Group relationships involving the World Economic Forum, United Nations Global Compact, and Sustainable Markets Initiative, the company said.

Prior to joining Mahindra, Ankit spent seven years in management consulting at Bain & Company.

Todi holds a Master’s degree in Information & Communication Technology and a Bachelor’s degree in Electrical Engineering, both from the Indian Institute of Technology, Delhi.

Abanti Sankaranarayanan, chief group public affairs officer, Mahindra Group

4. Executive Perspectives: In a prepared statement, Mahindra Group Chief Public Affairs Officer Abanti Sankaranarayanan said: “Ankit’s promotion from within the organization underscores Mahindra Group’s commitment to nurturing a robust pipeline of future leaders. Ankit has driven strong outcomes by integrating business strategy with sustainability initiatives. He has significantly contributed to driving sustainability roadmaps and actions across the Group’s businesses, reinforcing Mahindra’s credibility as a planet-positive business group.”

Chief Sustainability Officers (CSOs): Why Technology Partners Should Care

By 2027, 25% of Global 2000 companies will have assigned a chief sustainability officer (CSO) responsible for meeting their organization’s ESG goals and making ESG-related IT purchasing decisions, according to IDC.

The bottom line: Technology partners need to extend their sales, marketing, engagement and support strategies to successfully fulfill those CSO customer needs, Sustainable Tech Partner believes.

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