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)

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

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:

ICICI Securities L&T ESG Conference June 21.pdf

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