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This Article is From Jun 30, 2021

L&T's ESG Conference Update - Focus On De-Carbonisation, Green Solutions: ICICI Securities

L&T's ESG Conference Update - Focus On De-Carbonisation, Green Solutions: ICICI Securities
Larsen & Toubro Ltd. employees work on a construction site. (Photographer: Adeel Halim/Bloomberg News)
STOCKS IN THIS STORY
Larsen & Toubro Ltd.
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BQ Blue's special research section collates quality and in-depth equity and economy research reports from across India's top brokerages, asset managers and research agencies. These reports offer BloombergQuint's subscribers an opportunity to expand their understanding of companies, sectors and the economy.

ICICI Securities Report

We hosted Larsen and Toubro Ltd. at our virtual environmental, social and corporate governance conference 2021.

The representatives elaborated on the various initiatives taken in terms of water conservation, steps to reduce electricity consumption, carbon neutrality, etc.

An insight into the company's defence business was also provided.

Insights from the conference:

  • Code of conduct both for the company and suppliers are adhered to, ensuring no unfair practices. The company provides training to contract workers; and has also come up with a supplier questionnaire and assessment to fill any gaps in the same.

  • Currently, green energy consumption is at 8.5% of the total energy consumed and the target is to increase it to 15% in two to three years.

Click on the attachment to read the full report:

DISCLAIMER

This report is authored by an external party. BloombergQuint does not vouch for the accuracy of its contents nor is responsible for them in any way. The contents of this section do not constitute investment advice. For that you must always consult an expert based on your individual needs. The views expressed in the report are that of the author entity and do not represent the views of BloombergQuint.

Users have no license to copy, modify, or distribute the content without permission of the Original Owner.

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