SUSTAINABILITY

L&T is one of the first few organisations in India to voluntarily set sustainability targets, aligned with the Company’s Business Plan LAKSHYA 2021.

The Company publishes its Integrated Report every year which is based on the International Integrated Reporting Framework (IIRC) and Global Reporting Initiative (GRI) Standards. The report demonstrates the interlinkage between the various capitals, i.e. Financial, Natural, Intellectual, Manufactured, Social and Relationship and Human capitals. It discusses in detail the organisation’s strategy, governance, social, environmental and economic context within which company operates.

L&T believes that sustainability is all about imbibing informed, responsible and inclusive business practices. L&T views sustainability through the lens of its core values, consciously and continuously aligning its activities for the benefit of its stakeholders.

L&T is investing and growing equitably in all Environmental, Social and Governance (ESG) initiatives to improve its sustainability performance. By embracing a digital future, a robust risk management process, strong stakeholder dialogues, and connectivity of information, the Company continues to deliver products and services designed to create a better world for everyone.

Thrust Areas

Better Planet Better Planet
128 Mn kWh energy saved since 2008
28.87 Mn kWh renewable energy used on our
premises in FY 21
1,09,428 Tonnes carbon emission avoided by energy
conservation initiatives (2008-2021)
9% reduction in energy consumption
57% of wastewater recycled in FY21
Better Business Better Business
42% increase in recycled or eco-friendly
materials use since FY16
29.6% revenue from Green Portfolio
2.1 GW of utility-scale solar plants
commissioned
Better Communities Better Communities
3.2 million manhours - safety training
1.2 million beneficiaries in health, education,
water & sanitation and
skill-building In FY21
23 States across India provided with physical
and digital infrastructure support
to combat Covid-19 pandemic.

Accolades