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Glossary
 
  Advertising Standards Council of India - is a self-regulatory voluntary organisation of the advertising industry in India http:// www.ascionline.org/  
  Akhil Bharatiya Kamgar Sena - is a trade union centre in Maharashtra, India. ABKS is the labour wing of the Akhil Bharatiya Sena.  
  Balanced Scorecard - The Balanced Scorecard (BSC) is a concept for measuring whether the smaller-scale operational activities of a company are aligned with its larger-scale objectives in terms of vision and strategy.  
  Biodiesel - Biodiesel refers to a non-petroleum-based diesel fuel consisting of short chain alkyl esters, made by transesterification of vegetable oil.  
  Biofuels - Solid, liquid or gas fuel derived from recently dead biological material.  
  Blanking Line – an early stage in steel preparing flat-rolled steel for the end user. A blank is a section of sheet that has the same outer dimensions as a specified part (such as a car door or hood) but that has not yet been stamped.  
  Sanjay Gandhi National Park – a 104 square kilometre park in Mumbai, officially known as the Borivli National Park; considered unique since it is one of the few Parks that is within city limits.  
  BS 7799 - code of practice for information security management.  
  Carbon Dioxide Equivalent (CDE) and Equivalent Carbon Dioxide (CO2e) - are two related but distinct measures for describing how much global warming a given type and amount of greenhouse gas may cause, using the functionally equivalent amount or concentration of carbon dioxide (CO2) as the reference Equivalent CO2 (CO2e) is the concentration of CO2 that would cause the same level of radiative forcing as a given type and concentration of greenhouse gas.  
  The Carbon Disclosure Project (CDP) - is an organisation that works with shareholders and corporations to disclose the greenhouse gas emissions of major corporations. M&M Limited is a signatory for CDP.  
  Chlorodifluoromethane (Difluoromonochloromethane) - is a Hydrochlorofluorocarbon (HCFC) commonly used in air conditioning applications.  
  CRISIL Level 1 – rating that indicates the company’s capability with regard to corporate governance and value creation for all stakeholders is the highest.  
  Dichlorodifluoromethane (R-12) - usually sold under the brand name Freon-12, is a chlorofluorocarbon halomethane, commonly known as CFC, used as a refrigerant and aerosol spray propellant. (R-22)- is a colourless gas better known as HCFC-22, R-22. Earlier it was commonly used as a propellant and in air conditioning application. These applications are being faced out its manufacturing was banned in the US and many countries in 1994 due to concerns about damage to the ozone layer.  
  The Green Home Rating system by IGBC Indian Green Building Council - The green home rating system by Indian Green Building Council (IGBC) is India’s first, and is exclusively designed for the residential sector. Different levels of certifications such as Certified, Silver, Gold and Platinum are awarded to a project in recognition of its green commitment.  
  ISO 9001:2000 - Quality Management Systems directive that provides a number of requirements which an organisation needs to fulfill if it is to achieve customer satisfaction through consistent products and services which meet customer expectations.  
  ISO 14001:2004 - international specification for an Environmental Management System (EMS). It specifies requirements for establishing an environmental policy, determining environmental aspects and impacts of products/activities/services, planning environmental objectives and measurable targets, implementation and operation of programs to meet objectives and targets, checking and corrective action and management review.  
  ISO/TS 16949 - quality management system requirements for the design and development, production and, when relevant, installation and service of automotive-related products.  
  OHSAS 18001:2004 – an Occupation Health and Safety Assessment Series for health and safety management systems. It is intended to help organisations to control occupational health and safety risks. It was developed in response to widespread demand for a recognised standard against which to be certified and assessed.  
  Just In Time - an inventory strategy implemented to improve the return on investment of a business by reducing in-process inventory and its associated carrying costs.  
  Mahindra Quality Way - an assessment by external national and international experts of Mahindra’s Quality Policy, systems, procedures and performance against world-class standards to identify: strengths, opportunities for improvement, scoring profile for prioritising improvements.  
  Montreal Protocol - is a landmark international agreement designed to protect the stratospheric ozone layer. The treaty was originally signed in 1987 and substantially amended in 1990 and 1992. The Montreal Protocol stipulates that the production and consumption of compounds that deplete ozone in the stratosphere need to be phased out.  
  NAAQS - the clean air act which was last amended requires EPA to set National Ambient Air Quality Standards for pollutants considered harmful to public health and the environment. http://epa.gov/air/criteria.html  
  NASSCOM – a not-for-profit was set up in 1988 to facilitate business and trade in software and services and to encourage advancement of research in software technology.  
  Panchayat – local self government body at village level in India  
  PCMM Level 5 – the People Capability Maturity Model used to help organisations optimise their workforce maturity and address critical people issues.  
  Reach out and InSync – quarterly employee engagement programmes  
  Scope I - Scope 1 greenhouse gas emissions occur from sources that are owned or controlled by a company, such as combustion facilities
(e.g.: boilers, furnaces, burners, turbines, heaters, incinerators, engines, flares etc), combustion of fuels in transportation (e.g.: cars, buses, planes, ships, barges, trains etc) and physical or chemical processes (e.g.: in cement manufacturing, catalytic cracking in petrochemical processing, aluminium smelting etc).
Scope II - Scope 2 GHG emissions are from the generation by another party of electricity that is purchased and consumed by the company. This is described as “purchased electricity” for the purposes of the GHG Protocol.
Scope III – Other indirect greenhouse gas emissions, including those associated with employee travel, supply chain, leased assets, outsourced activities, use of products and waste disposal.
 
  SEI-CMMI level 5 - A Level 5 CMMI rating provides the highest recognition to an organisation’s software and systems engineering processes.  
  Special Economic Zone (SEZ) - SEZ is a geographical region that has economic laws that are more liberal than a country's typical economic laws.  
  Total Productive Maintenance (TPM) - TPM is a maintenance program which involves a newly defined concept for maintaining plants and equipment. The goal of the TPM program is to markedly increase production while, at the same time, increasing employee morale and job satisfaction.  
  USGBC LEED Certification - LEED Professional Accreditation distinguishes building professionals with the knowledge and skills to successfully steward the LEED certification process.  
  United Nations Global Compact - is a framework for businesses that are committed to aligning their operations and strategies with ten universally accepted principles in the areas of human rights, labour, the environment and anti-corruption. M&M Limited is a signatory to UNGC.  
  Willys USA - was the brand name used by the United States automobile company. Mahindra started its business in 1945 by assembling the Willy’s jeep in India. Willys-Overland Motors, best known for its production of military and civilian Jeeps, during the twentieth century.  
  WP 29 - The World Forum for Harmonization of Vehicle Regulations acting within the framework of the policies of the United Nations and the Economic Commission for Europe  
 
 
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