Larsen & Toubro

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Construction conglomerate Larsen & Toubro is committed to building a stronger India. Founded in 1938, the firm and its subsidiaries offer construction and engineering services related to commercial projects. Services include civil and electrical engineering and IT consulting. Larsen & Toubro also makes equipment and machinery used to build weaponry systems and infrastructure facilities including airports, oil and gas platforms, power plants, refineries, roads and bridges, and water treatment facilities. The firm has more than 60 units in some 30 countries. Domestic business within India dominates, but the company is steadily growing its global operations with a focus on China and the Middle East.

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3.7

Overall Excellence Rating

Industry

Construction

Category

Construction

ESG/Ethical Impact

L&T is one of the first few organisations in India to voluntarily set sustainability targets aligned with the Company’s Business Plan, Lakshya. During the year, the Company’s 5-year Strategic Plan was developed through a collaborative and consultative process across the organisation. As part of the Lakshya 2026 plan, the Group has re-evaluated shareholder value creation, defined social obligations, and framed sustainability goals. This year, we have integrated our statutory and non-statutory disclosures (Annual Report and Integrated Report) and published our first Business Responsibility and Sustainability Report (BRSR). The Integrated Report 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 provides an insight into the organisation’s strategy, governance, social, environmental and economic context within which the company operates. At L&T, we have been taking concerted efforts towards achieving resource efficiency and decarbonising our businesses. We are revisiting our vision, policies, frameworks, roadmaps and action plans to deliver solutions towards building a better future. L&T is investing and growing equitably to improve its sustainability performance. By embracing a digital future, 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.

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Awards Received

2023

Revenues

$22,200,000,000.00

Website Traffic

Employee Rating

3.8

Customer Rating

4

Company Size

10000+

ESG Risk Rating

2

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