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Indian Engineering Giant Plans to Go Carbon Neutral by 2040

  • Larsen & Toubro also plans to achieve water neutrality by 2035
  • Averts 33,500 tons of CO2 equivalent emissions during 2020-21
Larsen & Toubro Announces Second Quarter Earnings

Photographer: Kuni Takahashi/Bloombeerg

Larsen & Toubro Ltd. plans to achieve water and carbon neutrality by 2035 and 2040, respectively, it said in a report on sustainable goals. 

L&T, which operates primarily in the construction and engineering sector, is prone to climate change and has already started implementing several climate-related policies, it said. About 10% of the Mumbai-based company’s electricity comes from renewable sources. Through energy conservation measures, the company has mitigated 33,500 tons of CO2 emissions during the financial year to March 2021.