L&T to achieve carbon neutrality by 2040
The Hindu
Larsen & Toubro Ltd. (L&T) on Thursday reaffirmed its commitment to integrate its ESG (Environment, Social, Governance) goals with business targets and said it was working towards beco
Larsen & Toubro Ltd. (L&T) on Thursday reaffirmed its commitment to integrate its ESG (Environment, Social, Governance) goals with business targets and said it was working towards becoming a ‘net zero’ company.
A net zero company achieves a state in which the activities of the company result in no net impact on the climate from greenhouse gas emissions, achieves a sustainable balance between water availability and demand, and eliminates solid waste sent to landfills, L&T said.
In its fourth Integrated Report, ‘Sustainable Progress for a Better World’, L&T said it would achieve carbon neutrality by 2040, ahead of the Paris Agreement deadline of 2050, and water neutrality by 2035.
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