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Circular economy requires trust

Good Governance

Good governance ensures that business operations are ethical, transparent and consistent in all situations.

We act responsibly

Our operations are guided by laws and regulations, a code of conduct, as well as our own policies and principles. We require responsible conduct from both our employees and our suppliers.
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Whistleblowing channel

Issues must be addressed promptly and systematically. L&T has a whistleblowing channel available for employees and stakeholders. All reports submitted through the channel are handled consistently. 

Sustainability management in practice

Clear roles and responsibilities ensure that sustainability is implemented consistently, from strategic decision-making to everyday operations.

  • Board of Directors

    Approves and confirms the material sustainability topics and targets for the company.

  • Board Committees

    The Personnel and Sustainability Committee monitors and regularly evaluates the development of sustainability.

    The Audit Committee monitors the effectiveness of risk management systems and ensures compliance.

  • CEO and Management Team

    Lead the development of sustainability in business operations, set targets and regularly monitor their achievement.

  • Business Units and Centralized Functions

    Business units implement and monitor the achievement of targets with the support of centralized functions.

    Centralized functions develop, coordinate and guide the company’s approach to sustainability and support its practical implementation.

  • All L&T employees

    Ensure compliance with sustainability-related principles in their daily work.

Principles guiding our operations

Our operations are guided by shared principles, policies and practices that ensure reliable and responsible conduct in all situations.

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Preventing corruption and misconduct

We prevent corruption through guidance, training and supervision. We identify risks and develop practices to manage them. We also monitor deviations and respond to them. Our goal is to ensure reliability in all situations. 

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Other policies guiding operations

L&T’s policies and principles cover environmental, ethical and social perspectives, which the group follows both in its own operations and in the services provided to customers. 

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Monitoring, control and reporting

L&T’s operations are systematically managed and monitored through risk management, metrics and reporting. Risk management is part of our management system and supports the guidance and decision-making of sustainability work. Sustainability reporting is CSRD-compliant and assured. In addition, our quality, environmental, occupational health and safety management systems are ISO-certified. 

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International agreements and initiatives

We comply with key international agreements and initiatives, such as the UN’s sustainable development principles, the Global Compact initiative and ILO guidelines on fundamental labour rights. Through these, we ensure that our operations are ethical, transparent and consistent in all situations. 

Key governance targets

Progress on these targets will be reported for the first time in 2027.

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Employees are committed to ethical principles

100% of employees have completed training on ethical principles.

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Suppliers are committed to ethical principles

100% of contracted suppliers have approved the supplier ethical principles.

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Sustainability reporting

We report annually on sustainability in accordance with the European Corporate Sustainability Reporting Directive (CSRD) as part of the Board’s reporting. In addition, we monitor the progress of selected metrics quarterly as part of financial reporting.