Larsen And Toubro
Larsen & Toubro Limited, commonly known as L&T, is a prominent Indian multinational conglomerate headquartered in Mumbai, India. Founded in 1938, L&T has established itself as a leader in the engineering and construction industry, with significant operations across various sectors including infrastructure, defence, and technology services. The company is renowned for its innovative solutions in project management, manufacturing, and technology development, making it a key player in the global market. L&T's core offerings encompass engineering, procurement, and construction (EPC) services, as well as manufacturing of heavy equipment and machinery. With a strong commitment to sustainability and excellence, L&T has achieved numerous accolades, solidifying its position as a trusted partner in delivering complex projects worldwide. Its extensive portfolio and strategic initiatives continue to drive growth and enhance its reputation in the industry.
DitchCarbon Score
How does Larsen And Toubro's carbon action stack up? DitchCarbon scores companies based on their carbon action and commitment to reducing emissions. Read about our methodology to learn more.
Industry Average
Mean score of companies in the Business Services industry. Comparing a company's score to the industry average can give you a sense of how well the company is doing compared to its peers.
Industry Benchmark
Larsen And Toubro's score of 41 is higher than 96% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Larsen And Toubro's reported carbon emissions
In 2023, Larsen & Toubro (L&T) reported total carbon emissions of approximately 7,128,687,000 kg CO2e, comprising 693,115,000 kg CO2e from Scope 1, 273,719,000 kg CO2e from Scope 2, and 7,128,687,000 kg CO2e from Scope 3 emissions. This reflects a significant increase in emissions compared to previous years, particularly in Scope 3, which includes emissions from purchased goods and services. In 2022, L&T's emissions were approximately 5,710,000,000 kg CO2e, with Scope 1 emissions at 610,000,000 kg CO2e and Scope 2 at 270,000,000 kg CO2e. The company has shown a trend of increasing emissions over the years, with 2021 emissions recorded at 533,423,000 kg CO2e for Scope 1 and 210,763,000 kg CO2e for Scope 2. Despite the rising emissions, L&T has not publicly disclosed specific reduction targets or initiatives aimed at mitigating their carbon footprint. The absence of documented reduction targets suggests a need for enhanced climate commitments in line with industry standards. As a major player in the construction and engineering sector, L&T's climate strategy will be crucial in addressing the growing concerns around carbon emissions and sustainability.
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| 2009 | 2010 | 2011 | 2017 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|---|---|---|
| Scope 1 | 284,601,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 |
| Scope 2 | 67,943,000 | 00,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 |
| Scope 3 | 20,465,000 | 00,000,000 | 00,000,000 | 0,000,000,000 | - | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 |
Industry emissions intensity
Location emissions intensity
Reduction initiatives & disclosure networks
Companies disclose and commit to reducing emissions to show they are serious about reducing emissions impact over time. They can also help a company track its progress over time.
Larsen And Toubro is not committed to any reduction initiatives we track. This may change over time as the company engages with new initiatives or updates its commitments. DitchCarbon will update this information as it becomes available.
