Corporate Governance

Corporate Governance

Steadfast commitment from the top management strengthens the precept and practice of sustainability at L&T.

We embrace a top-down approach to optimise our efforts across all businesses. (For Company Philosophy & Code of Conduct please visit please visit our Investor’s Site)

Our Sustainability Executive Board (SEB), steered by a member of the Executive Management Committee (EMC), ensures effective formulation of sustainability policies and implementation of our strategy. Our business heads, Sustainability Councils and Unit Level Sustainability Teams cascade the initiatives across the Company.

L&T won the Indian Chamber of Commerce (ICC) Corporate Governance & Sustainability Vision Award 2013 for the second consecutive year in the 'Water Stewardship' category. 

For more awards & recognition won by L&T in this area click here

Governance Structure

Our essential character revolves around values based on transparency, integrity, professionalism and accountability. At the highest level, we continuously endeavour to improve upon these aspects on an ongoing basis. L&T's four-tier Corporate Governance structure ensures greater management accountability, facilitates increased autonomy of businesses and increases stakeholder confidence.

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Commitment to External Initiatives

We follow the Global Reporting Initiative (GRI) framework and the National Voluntary Guidelines (NVG) to report on our economic, environmental and social performances.

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Memberships

We are active contributors in the policy-making process through memberships of associations and institutes.

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