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L&T Finance Limited, widely recognised as LTFS, is a prominent non-banking financial company (NBFC) headquartered in Mumbai, India. Operating within the financial intermediation services sector, it provides a comprehensive array of financial products and solutions across the country.
The company focuses on key business areas including Rural Finance, Housing Finance, and Infrastructure Finance, leveraging its deep understanding of India's diverse markets. LTFS proudly draws upon the extensive heritage and established trust of its parent organisation, the esteemed Larsen & Toubro conglomerate.
With a robust customer-centric approach, L&T Finance Limited offers essential services such as farm equipment loans, home loans, project finance, and investment management through its mutual fund offerings. This diversified portfolio and significant market presence underscore its commitment to empowering individuals and businesses nationwide.
54
DitchCarbon score
+17 vs industry average
L&T Finance Limited’s score of 54 is higher than 68% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Industry Intensity
Very Low
Financial Intermediation is among the least carbon-intensive industries
Industry performance
0.096
20182025
The Financial Intermediation industry has reduced its overall emissions by 33% since 2018
Emissions trajectory 2020 – 2029
2020202120222023202420252026202720282029
Reported emissions
Scope 1
•••kg CO₂e
Scope 2
•••kg CO₂e
Scope 3
•••kg CO₂e
Total reported
•••kg CO₂e
Scope 3 accounts for ••• of total emissions.
L&T Finance Limited's reported carbon emissions
In 2026, L&T Finance Limited reported total carbon emissions of approximately 64,612,690 kg CO2e, comprising 63,780 kg CO2e from Scope 1, 1,763,070 kg CO2e from Scope 2, and 64,612,690 kg CO2e from Scope 3 emissions. This data reflects a comprehensive approach to emissions reporting, including all relevant scopes.
L&T Finance has made significant strides in reducing its carbon footprint, achieving a reduction of about 30% in both Scope 1 and Scope 2 emissions from 2022 to 2023. This reduction was primarily facilitated by an increase in renewable power procurement, demonstrating the company's commitment to sustainable practices.
The emissions data is cascaded from L&T Finance Limited, which is a current subsidiary, ensuring that the reported figures are aligned with the parent company's sustainability initiatives. The company continues to focus on enhancing its climate commitments and reducing its overall emissions in line with industry standards.
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L&T Finance Limited’s Climate Goals (2030 & 2050)
2025
Near-zero scope 1 & 2
Target to achieve near-zero emissions for direct operations and purchased energy
On track94%
2030
62% reduction in total GHG
Vs 2019 baseline. Validated by SBTi. Includes full supply chain.
At risk48%
2040
50% reduction in Scope 3 intensity
Across purchased goods and services and logistics.
Behind target22%
Showing SBTi-validated targets only. Sign up or sign in to see all disclosed climate targets.
Scope 3 top emissions categories
No scope 3 category breakdown has been disclosed yet.
Climate initiatives
Science Based Targets Initiative
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Not active
Carbon Disclosure Project
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Active
The Climate Pledge
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Not active
UN Global Compact Climate Champions initiative
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Not active
RE 100
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Not active
Climate Action 100
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Not active
Emissions comparison with industry peers
View similar organisationsCompanyCountryIndustryLast updatedScoreDetails
L&T Finance Limited2 months ago
54
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