L&T Finance Limited, a prominent player in the Indian financial services sector, is headquartered in Mumbai, India. Established in 1994, the company has grown significantly, offering a diverse range of financial products and services, including retail and wholesale financing, insurance, and asset management. With a strong presence across major operational regions in India, L&T Finance is known for its customer-centric approach and innovative solutions tailored to meet the evolving needs of its clients. The company has achieved notable milestones, positioning itself as a trusted partner in the financial landscape. L&T Finance's core offerings, such as personal loans, vehicle financing, and investment solutions, are distinguished by their competitive rates and flexible terms, making them appealing to a wide customer base. As a subsidiary of the renowned Larsen & Toubro Group, L&T Finance Limited continues to solidify its market position through strategic growth and a commitment to excellence.
How does L&T Finance Limited'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.
Mean score of companies in the Financial Intermediation 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.
L&T Finance Limited's score of 32 is higher than 80% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2023, L&T Finance Limited reported total carbon emissions of approximately 4,051,920 kg CO2e, with emissions distributed across all three scopes: 387,130 kg CO2e for Scope 1, 2,928,240 kg CO2e for Scope 2, and 4,051,920 kg CO2e for Scope 3. The following year, 2024, emissions increased to about 6,698,350 kg CO2e, comprising 405,470 kg CO2e in Scope 1, 2,312,250 kg CO2e in Scope 2, and 6,698,350 kg CO2e in Scope 3. Despite these figures, L&T Finance Limited has not disclosed any specific reduction targets or initiatives aimed at decreasing their carbon footprint. The absence of documented climate pledges or Science-Based Targets Initiative (SBTi) commitments suggests that the company may still be in the early stages of formalising its climate strategy. Overall, L&T Finance Limited's emissions data highlights the need for enhanced climate commitments and reduction strategies to align with industry standards and global climate goals.
Access structured emissions data, company-specific emission factors, and source documents
2023 | 2024 | |
---|---|---|
Scope 1 | 387,130 | 000,000 |
Scope 2 | 2,928,240 | 0,000,000 |
Scope 3 | 4,051,920 | 0,000,000 |
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.
L&T Finance Limited is not participating in any of the initiatives that 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.