MUMBAI I India CSR: L&T Technology Services Limited has released its first Sustainability – ESG Report for the year 2020-21, with a roadmap to achieve carbon and water neutrality by 2030.
The report is aligned to the internationally recognized ESG framework of GRI Standards. Through this report, the Company endeavors to showcase its commitment to mitigating the effects of climate change and social inequities.
LTTS’ Sustainability Report covers its various ESG initiatives which are built on the pillars of transparency, accountability, responsibility, compliance and trust, to drive an ethically progressive and reliable business model, robust enough to meet emerging challenges.
Amit Chadha, CEO and Managing Director at L&T Technology Services, “The Company will continue to leverage its deep capabilities around energy transition and management, water and waste management, circular product design, digital intervention, sustainability consulting, and climate action for realizing this aspiration. I remain confident that these six tracks will play a pivotal role in enabling our customers to achieve their respective goals around sustainability.”
The report, conforming to the Global Reporting Initiative (GRI), presents LTTS’ sustainability efforts across its key elements for fiscal 2020-21.
LTTS has identified Sustainability as one of its six ‘Big Bets” on emerging technology areas and one that cuts across the other 5 Big Bets comprising Electric Autonomous and Connected Vehicles (EACV), 5G, MedTech, AI& Digital Products and Digital Manufacturing. LTTS’ Sustainability Practice is building engineering services-based innovative digital solutions that align with the customers’ sustainability roadmap.
LTTS has embraced net-zero as a core sustainability focus and will leverage its deep capabilities around energy transition and management, water and waste management, circular product design, digital intervention, sustainability consulting, and climate action for realizing this aspiration.
Amit Chadha said, “With our distinct pure-play engineering services proposition, our vision on Sustainability is to have organizational level involvement to better realize the goals for our global customers. This holistic approach also led us to recently restate our Vision as ‘Engineering a sustainable tomorrow through technology and innovation’ – underscoring the cultural transformation across the organization. I remain confident that LTTS will play a pivotal role in accelerating our customers’ transformation to a net-zero future.”
