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Recognition for ESG Excellence
The headquarters of L&T Finance, which improved its ESG Rating.
Rising in ESG L&T Finance (LTF) has been awarded an ESG Risk Rating of 16.5 by Morningstar Sustainalytics. It recorded an increase in percentile industry rank – 11 as compared to 17 earlier. This affirms LTF’s position in the low-risk category. This improved rating underscores LTF’s commitment to sustainable practices and business conduct, spearheaded by its dedicated ESG team and valued stakeholders. Morningstar Sustainalytics is a leading independent ESG and corporate governance research, ratings and analytics firm. They measure the magnitude to which a company is exposed to ESG risks and how well that company is managing such risks by way of categorising them across risk levels, i.e., Severe (40+), High (30-40), Medium (20-30), Low (10-20) and Negligible (0-10). * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * Safety Eleven Eleven project teams across L&T Construction have scaled the summit of EHS performance by scoring handsomely in the British Safety Council’s Five Star Audits and winning the much-coveted Sword of Honour. All these projects – 8 from Buildings & Factories, 2 from Water & Effluent Treatment, and 1 from Railways vertical – ticked the usual EHS boxes of developing and maintaining a robust safety culture, ensuring buy-ins from all stakeholders, involving senior leadership in the EHS process and driving continuous improvement. The winning project teams are: Buildings & Factories - Bullet Train - C6 Stations & Depot Project, Gujarat
- Common Central Secretariat Building 1, 2 & 3, New Delhi
- Innovation Campus, Chennai
- Super Specialty Hospital Project, Warangal, Telangana
- City & Industrial Development Corporation (CIDCO), Taloja, Navi Mumbai
- JRS Project, Ahmedabad
- Govt Medical College & Hospital Project, Jajpur, Odisha
- Maruti Suzuki India Limited Project, Sonipat
Water & Effluent Treatment - Tirunelveli Underground Sewerage Schemes - Phase II
- Surya Water Supply Scheme
Railways
Regional Rapid Transit System Track Works Package 17 (Delhi – Meerut)
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