For a better world! L&T shall pursue eco-friendly growth, promoting a culture of sustainability and innovation, and thereby contribute towards a better world.
ESG, or the Environmental, Social and Governance Parameters that impact the functioning of our business also define our reason for being - to bring about positive impact on the world. They are reflectedin our strategy and initiatives toward a better planet and equitable growth.
- Environment: To minimise the impact on the environment due to our manufacturing, operations and processes, L&T Heavy Engineering focuses on mitigation, transition and adaptation across:
- Climate change and GHGs
- Water and wastewater management
- Waste and hazardous material management
- Biodiversity
Our green initiatives contribute towards achieving L&T’s Carbon & Water Neutrality goals by 2040 & 2035 respectively.
- Social: This parameter assesses a company’s relative social impact and associated risk from societal actions, including from its direct and indirect employees, customers, and the communities in which it operates. For us, it is the contribution of a company to fairness in society. This reflects in our labour practices, health & safety, employee engagement, human rights, community relations, local economic contributions, and more.
- Governance: We represent the highest standards in business ethics, data security, capital allocations, supply chain management, data privacy and security, governance structure & engagement, policies, external disclosures, and advocacy.
