L&T is a pure-play circular economy company. Everything we do is centered around circularity and we are well-positioned to deliver on our growth strategy.
L&T’s growth strategy focuses on strengthening in our core markets, expanding in Sweden, and developing advanced waste-to-value and remediation solutions. We operate in large markets with structural growth and have a leading position in fragmented market. Our industry has high entry barriers, and it requires complex capabilities which L&T has built over the decades. We are well positioned for long-term expansion.
Global megatrends such as climate change and loss of biodiversity create a strong foundation for L&T’s business. The correction towards a sustainable economy in the coming years will result in radical changes in industrial engineering, energy systems and the way we use and consume resources. There will be stricter material efficiency and recycling requirements, and the importance of secondary raw materials as industrial raw materials will grow.
This change will bring lots of new business opportunities for sustainable service solutions and solidify L&T’s role as a promoter of the circular economy in society.
The tightening regulation and increasing sustainability requirements demand increasingly coordinated sustainability work from businesses. We are constantly developing sustainable service solutions in co-operation with our customers, promoting the move towards a sustainable economy.
Society supports the demand for our services: companies are expected to continuously develop their sustainability, regulators want to impose stricter environmental demands and consumers are becoming more aware and are demanding more sustainable services.
We are Finland’s leading circular economy operator, and our goal is to further strengthen our position by focusing even more on circular economy businesses and growing in selected segments.
Our target is an average annual growth rate of 6 percent. Growth will be pursued both organically and through acquisitions. All our businesses are building future growth based on the circular economy and the opportunities it offers.
Economic fluctuations do not significantly affect the demand for L&T’s services; the need for professional waste management and recycling services, hazardous waste treatment and remediation services, as well as industrial and water treatment services remains steady.
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L&T’s goal is to increase the company’s financial value sustainably while creating economic growth and increasing well-being. L&T is among the most significant employers in its operating locations. The salaries, wages and taxes we pay and the purchases we make have a substantial impact on municipal finances and other businesses in each economic area.
We offer meaningful work and try to make sure that our employees get to go home healthy after the day’s work and ultimately retire in good health. We promote social responsibility by, for example, also offering jobs to those who are struggling to find employment.
L&T’s circular economy service solutions reduce carbon dioxide emissions. Our goal is to continuously increase our carbon handprint, which refers to the positive climate impact of our operations. Most of L&T’s services contribute to the mitigation of climate change.
For our own emissions and emissions from our supply chain, we aim to reach net zero emissions by 2045.
