L&T Technology Services to achieve carbon, water neutrality by 2030
POWER & RENEWABLE ENERGY

L&T Technology Services to achieve carbon, water neutrality by 2030

L&T Technology Services (LTTS), a Vadodara-based engineering services company, aims to achieve carbon and water neutrality by 2030.

The firm also revealed its first sustainability report. For fiscal year (FY) 2020-21, the report, conforming to the Global Reporting Initiative (GRI), shows the sustainability measures of LTTS across its important elements.

The company told the media that LTTS highlighted sustainability as one of its six ‘Big Bets’ on new technology and one that spans across the other five ‘Big Bets’, including Electric Autonomous and Commercial Vehicles (EACV), 5G, MedTech, Artificial Intelligence, and digital goods and digital manufacturing.

The sustainability approach of LTTS is focused on developing engineering services-based innovative digital solutions that match clients' sustainability goals.

The company has made net-zero a fundamental sustainability objective and would use its broad capabilities around energy transition and management, water and waste management, circular product design, digital intervention, sustainability consultancy, and climate action to achieve it.

Amit Chadha, CEO and Managing Director at LTTS, told the media that their ambition for sustainability is to have an organisational level engagement to better realise the goals for their worldwide clients, including their distinct pure-play engineering services package.

L&T Technology Services works as a subsidiary of the multinational conglomerate Larsen & Toubro (L&T).

Image Source

Also read: L&T bags orders for its power transmission and distribution business

L&T Technology Services (LTTS), a Vadodara-based engineering services company, aims to achieve carbon and water neutrality by 2030. The firm also revealed its first sustainability report. For fiscal year (FY) 2020-21, the report, conforming to the Global Reporting Initiative (GRI), shows the sustainability measures of LTTS across its important elements. The company told the media that LTTS highlighted sustainability as one of its six ‘Big Bets’ on new technology and one that spans across the other five ‘Big Bets’, including Electric Autonomous and Commercial Vehicles (EACV), 5G, MedTech, Artificial Intelligence, and digital goods and digital manufacturing. The sustainability approach of LTTS is focused on developing engineering services-based innovative digital solutions that match clients' sustainability goals. The company has made net-zero a fundamental sustainability objective and would use its broad capabilities around energy transition and management, water and waste management, circular product design, digital intervention, sustainability consultancy, and climate action to achieve it. Amit Chadha, CEO and Managing Director at LTTS, told the media that their ambition for sustainability is to have an organisational level engagement to better realise the goals for their worldwide clients, including their distinct pure-play engineering services package. L&T Technology Services works as a subsidiary of the multinational conglomerate Larsen & Toubro (L&T). Image Source Also read: L&T bags orders for its power transmission and distribution business

Next Story
Infrastructure Urban

ABS Marine Sees CRISIL Credit Rating Upgrade

ABS Marine Services has secured an upgrade to its long term and short term credit ratings from CRISIL, reflecting improved profitability and revenue growth through long term contracts. CRISIL moved the long term rating from BBB+/Stable to A-/Stable and revised the short term rating from A2 to A2+. The action signals strengthened financial metrics and operational resilience. The company benefited from durable client relationships with firms such as ONGC and Schlumberger. The rating decision followed stronger cash flows and an enlarged bank loan facility, which increased from Rs 3,705 million (m..

Next Story
Infrastructure Transport

Project BRAHMANK Marks 16 Years Of Strategic Roads In Arunachal

Project BRAHMANK is marking 16 years of work to establish strategic road and bridge links across Arunachal Pradesh, maintaining and developing 811 kilometres of roads and nearly 86 bridges that range from small culverts to large steel and arch bridges. These transport links are described as critical for ensuring year-round movement of defence personnel, equipment and essential supplies while improving everyday travel for people in remote villages. The project balances national security requirements with regional development by focusing on reliable access in challenging terrain. Notable enginee..

Next Story
Infrastructure Transport

Longleng CSOs Give One Week Ultimatum Over Two-Lane Highway

Civil society organisations (CSOs) in Longleng district have demanded immediate restoration of the deteriorating Changtongya–Longleng two-lane road and sought a detailed status report on the stalled construction within one week. The demand followed a consultative meeting convened under the Phom Peoples' Council (PPC) to discuss welfare and development concerns. PPC president YB Angam Phom said prolonged non-maintenance had caused hardship to commuters and affected transportation, local commerce and the district's development. The meeting urged authorities to undertake immediate restoration a..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement