Corporate Governance
Business Plan Released
Risk Management
System Implemented
No incidences
of Corruption
L&T is a professionally-managed Indian multinational, committed to total customer satisfaction and enhancement of stakeholder value. The Company is guided by the highest principles of corporate governance and believes that promoting fairness, integrity, transparency and accountability is paramount. Our corporate governance philosophy is built on a rich legacy of transparent governance and disclosure practices. This includes respect for human values, individual dignity and adherence to norms of ethical and professional conduct.
The Company’s Vision and Policies state its commitment to these values, and are extended to all subsidiaries and associate companies. We accord priority to accountability, equity and transparency in all our dealings and operations, both financial and non-financial, on the ground and off it – without exception. L&T believes that it is the only way to achieve targets, manage risk and optimise performance.
Commitment to External Initiatives
We support/follow/commit to the following:
1 Global Reporting Initiative (GRI) framework
2 United Nations Global Compact Network, India (GCNI)
3 Applicable International Labour Organization (ILO) conventions
4 The National Voluntary Guidelines (NVG), India
5 Other United Nations (UN) directives that cover:
Statutory and regulatory compliance
Business ethics
Fair and equal opportunity to all employees
Employee development through training
Labour camps at construction sites
Medical facilities at units, offices and project sites
Steps to measure, monitor and conserve materials and energy
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