Larsen and Toubro Group company LTI – Larsen & Toubro Infotech released annual Corporate Sustainability Report, detailing the company’s 2019-2020 performance and progress on its short and long-term sustainability goals.
The report covers LTI’s results and ongoing initiatives in the areas of governance, safety, environmental responsibility, ethics, the workplace, community engagement, and value for customers.
This report titled ‘Partnering for a Resilient Future’ showcases how LTI is working with all its stakeholders in solving the key developmental issues of Education, Empowerment and Environment – an approach directed at achieving the United Nations’ Sustainable Development Goals and building a more resilient world by the year 2030.
Collaborative action is the need of the hour in our volatile world today. As nations and all actors join hands to fight the pandemic, it gives us the encouragement that transformational change can be brought about through the power of partnerships. The role of technology is pivotal in this journey, as it holds the potential of expediting the process.
“Larsen & Toubro Infotech (LTI), with its blend of expertise, is therefore uniquely placed to play the much-needed role of a catalyst for sustainable development.”, the report said.
“I am certain that LTI will continue to record significant progress in contributing towards building a better and more resilient future for all.”, A. M. Naik, Founder Chairman, Larsen & Toubro Infotech
“As one of India’s leading technology, engineering and construction conglomerates, the L&T Group has remained steadfast in its commitment towards nation-building. The Group, over the past decades, has demonstrated unwavering commitment to sustainable development by transparently communicating its performance on Environmental, Social and Governance-related aspects. Ranging from resource efficiency and low-carbon growth to operating with integrity and ensuring the welfare of all its stakeholders, it is L&T’s endeavor to bring about sustainable value creation through everything it does.”, A. M. Naik said.
This report presents information about our sustainability performance in FY 2019-20. It has been prepared in accordance with Global Reporting Initiative (GRI) Standards: Core option, and the GRI guiding principles have been applied to define the quality and content of this report. The content of this year’s report is also aligned with the principles of United Nations Global Compact (UNGC).
Sanjay Jalona, Chief Executive Officer and Managing Director, Larsen & Toubro Infotech Ltd. said, “Across industries, the pandemic is one of the fiercest tests of resilience of this century. Through this report, we present to you how LTI has been ‘Partnering for a Resilient Future’ to create value for its stakeholders. Our process and progress are aligned with the United Nations’ Sustainable Development Goals. Our focus on the three critical aspects to sustainable development – Education, Empowerment and Environment – amplifies this impact, as we harness synergies for a greater good of the society and the planet.”