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OrganisationsL&T Finance Limited
L&T Finance Limited logo

L&T Finance Limited

Financial IntermediationIndia
Last verified 22 days agoltfs.com

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.

53
DitchCarbon score

+18 vs industry average

L&T Finance Limited’s score of 53 is higher than 69% 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

0.062
20192025

The Financial Intermediation industry has increased its overall emissions by 11% since 2019

Emissions trajectory 2020 – 2029

00.0M00.0M00.0M00.0M0

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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)

2 goals

2023

30% reduction in Scope 2

LTF has reduced its Scope 1 & 2 emissions by ~30% by increasing its renewable power procurement.

Insufficient data30%

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%

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Scope 3 top emissions categories

No scope 3 category breakdown has been disclosed yet.

Climate initiatives

SCIENCE BASED TARGETS

Science Based Targets Initiative

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Not active
CDP

Carbon Disclosure Project

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Active
THE CLIMATE PLEDGE

The Climate Pledge

See details
Not active
United Nations Global Compact

UN Global Compact Climate Champions initiative

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Not active
RE 100

RE 100

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Not active
Climate Action 100+

Climate Action 100

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Not active

Emissions comparison with industry peers

View similar organisations
CompanyCountryIndustryLast updatedScoreDetails
L&T Finance Limited logoL&T Finance Limited
INFinancial Intermediation
22 days ago
53
Standard Chartered Bank logoStandard Chartered Bank
GBFinancial Intermediation
2 days ago
79
View
Dbs Bank logoDbs Bank
SGFinancial Intermediation
25 days ago
76
View
Aditya Birla Capital logoAditya Birla Capital
INFinancial Intermediation
1 day ago
47
View
TVS Credit Services Limited logoTVS Credit Services Limited
INFinancial Intermediation
23 days ago
39
View
SMFG India Credit Company Limited logoSMFG India Credit Company Limited
INFinancial Intermediation
25 days ago
35
View
Bharat Financial Inclusion Limited logoBharat Financial Inclusion Limited
INFinancial Intermediation
25 days ago
32
View

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