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L&T Finance Limited, a prominent player in the Indian financial services sector, is headquartered in Mumbai, India. Established in 1994, the company has evolved significantly, focusing on diverse areas such as retail finance, wholesale finance, and infrastructure finance. With a strong presence across major operational regions in India, L&T Finance has carved a niche in providing innovative financial solutions tailored to meet the needs of its clients. The company offers a range of core products, including personal loans, vehicle financing, and project financing, distinguished by their customer-centric approach and competitive interest rates. L&T Finance Limited has consistently achieved notable milestones, positioning itself as a trusted financial partner in the industry. Its commitment to excellence and robust market strategies have solidified its reputation, making it a key player in the Indian finance landscape.
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 42 is higher than 66% of the industry. This can give you a sense of how well the company is doing compared to its peers.
L&T Finance Limited, headquartered in India, currently does not report specific carbon emissions data for the most recent year, as no emissions figures are available. The company is part of a corporate family structure, with emissions data cascaded from L&T Finance Limited at a level 3 relationship. This means that while direct emissions data is not provided, the company is engaged in broader climate initiatives. L&T Finance Limited has not set specific reduction targets under the Science Based Targets initiative (SBTi) nor has it outlined any formal climate pledges. The absence of documented reduction initiatives suggests that the company may still be in the early stages of developing a comprehensive climate strategy. In the context of the finance industry, where climate commitments are increasingly scrutinised, L&T Finance Limited's lack of publicly available emissions data and reduction targets may reflect a need for enhanced transparency and accountability in its environmental impact. As the industry moves towards more sustainable practices, it will be crucial for L&T Finance Limited to establish clear climate commitments and measurable targets to align with global efforts in reducing carbon emissions.
Access structured emissions data, company-specific emission factors, and source documents
2022 | 2023 | 2024 | |
---|---|---|---|
Scope 1 | 387,130 | 000,000 | 000,000 |
Scope 2 | 2,928,240 | 0,000,000 | 0,000,000 |
Scope 3 | 3,647,750 | 0,000,000 | 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.