Archive · 23 Jul 2025
L&T's Sustainability Journey: Progress, Goals and Future Plans
L&T, a large construction company, is working hard to be environmentally friendly.
They are aiming to use less carbon and water by setting goals for carbon and water neutrality by 2040 and 2035 respectively.
They started planning this about five years ago, focusing on reducing pollution from their projects.
Because they build in many different places, they face a challenge, particularly with diesel use.
To reach these goals, L&T is implementing initiatives, including measuring progress and tracking the use of diesel to reach their set targets.
They have already seen success in reducing diesel consumption and released their first ESG bond.
L&T aims to achieve carbon neutrality by 2040 and water neutrality by 2035.
The company's sustainability journey began around 5-6 years ago, with a shift from CSR to a planned approach.
Diesel consumption reduced by 8% in FY24 and a further 9% in FY25.
L&T operates across 800+ construction sites, many in remote areas.
Sustainability planning is integrated into L&T's five-year strategy cycle, with year-on-year targets.
- Who
- Anup Sahay, Head of Corporate Strategy & Special Initiatives at L&T, discusses the company's sustainability efforts.
- What
- L&T's progress and goals related to sustainability, including reducing diesel consumption and achieving carbon neutrality.
- When
- The sustainability focus began around 5-6 years ago, with specific goals set recently. Diesel consumption reduction in FY24 and FY25.
- Where
- L&T operates across 800+ construction sites globally.
- Why
- L&T aims to take a leadership position in sustainability and reduce its environmental impact.
- Carbon Neutrality Goal
- 2040
- Water Neutrality Goal
- 2035
- FY24 Diesel Consumption Reduction
- 8%
- FY25 Diesel Consumption Reduction
- 9%
- FY24 Standalone Revenue
- Rs 1.26 lakh crore
- FY25 Standalone Revenue
- Rs 1.42 lakh crore