Larsen & Toubro Limited · NSE:LT
Larsen & Toubro — Morgan Stanley Virtual Asia ESG Conference 2021
23 slides from Larsen & Toubro's conference presentation, Sep 6, 2021
Slide 1: Exchange filing cover letter: Investor Presentation – Sustainability at L&T
Larsen & Toubro Limited Q LARSEN & TOUBRO Secretarial Department L&T House, Ballard Estate Narodam Morarjee Mary Mumbai - 400 001, INDIA Tel: +91 22 6752 5656 Fax: +91 22 6752 5893 www.Larsentoubro.corn SEC/PAM/2021 September 6, 2021 The Secretary National Stock Exchange of India Limited BSE Limited
Slide 2: Sustainability @ L&T
Sustainability @ L&T Morgan Stanley Virtual Asia ESG Conference September 7, 2021 1
Slide 3: Roadmap approach
Roadmap approach ▪ About L&T ▪ Governance Architecture ▪ Board composition ▪ Group policies ▪ Approach to sustainability ▪ Materiality Assessment ▪ Sustainability Targets ▪ Environment in numbers ▪ Occupational Health and Safety ▪ Employee diversity ▪ Green portfolio ▪ CSR and our actions during pan
Slide 4: About the company
About the company Businesses Results 3 3
Slide 5: Board structure
Board structure Audit Committee Nomination & Remuneration Committee ’ Stakeholder’s Relationship Committee Board Corporate Social Responsibility Committee of Directors Apex Risk Management Committee Excunive Commitice’ © —————_ Evaluates both strategic and operational (ECom) 4 ~~ functioning of busi
Slide 6: Board composition
Board composition Board Composition Board Committees • Group Chairman Nomination and The Stakeholders’ Audit Committee Remuneration Relationship Committee • Chief Executive Officer and Committee Managing Director • 3 Independent • 3 Independent • 1 Independent • 7 Executive Directors Directors Direc
Slide 7: Group Policies
Group Policies Most of the policies are under revision currently 6
Slide 8: Approach to sustainability
Approach to sustainability 7
Slide 9: Materiality map
Materiality map Stakeholders considered: ▪ Shareholders and Investors ▪ Customers ▪ Employees ▪ Suppliers and Contractors ▪ Community ▪ Government ▪ Media 8
Slide 10: Sustainability targets (FY16 vs FY21)
Sustainability targets (FY16 vs FY21) 4% 20% (overall) reduction 29.6% 40% reduction in fatality vs FY20 42% Zero Harm to all 16% persons and environment 9
Slide 11: Environment in numbers
Environment in numbers INR 85 Million spent on environmental measures 128 29 Mn Kwh renewables >10% Mn Kwh energy saved (cumulatively since FY08) of total electricity mix >35 18 ‘000 MT CO2e emission avoided campus Water positive 8 13 Green buildings 57% of generated waste water recycled 10 4campuse
Slide 12: Occupational Health & Safety
Occupational Health & Safety EHS Council est.in International Mission Digitization 2020 chaired by initiatives to Safety Standard Board Member ZERO HARM enhance safety ISO45001 across all ICs & BUs Statistics FY 2020-21 FY 2019-20 FY 2018-19 Severity rate 27.7 204.29 105.2 Frequency rate 0.02 0.11 0
Slide 13: Employee diversity
Employee diversity Gender wise workforce Gender wise workforce distribution FY21 in % distribution 3 years in % 12
Slide 14: Green Portfolio
Green Portfolio 29.6 % of total revenue 13 13
Slide 15: Building India's social infrastructure
Building India’s social infrastructure Aim to improve quality of life, mitigate social inequities & help individuals realise their true potential in targeted communities Thrust Thrust Ar Thrus Areas Interventions Lives Impacted (FY21) Making waterIntervention available for drinking sanitation and Wa
Slide 16: CSR Excellence (FY21)
CSR Excellence (FY21) INPUT MATRICS OUTPUT MATRICS CSR Spend: Rs. 150 Cr CSR beneficiaries: 12,13,976 Total Beneficiaries CSR Partners: 108 Vendor/Dealer/ Sub- Contractor Training (nos): 1049 New Suppliers, contractors Contribution to exchequer: ` Developed registered: 29,407 108 Billion MSME Suppli
Slide 17: Review mechanism
Review mechanism Business/IC Reviews Review area Scope Periodicity Corporate Reviews Business review Business Monthly PRM Operations Monthly • Compliance reporting Risk Management Prebid/execution As per schedule • Quarterly Business Review CSTI Budget/financial Monthly/real time • Quarterly EHS cou
Slide 18: L&T's Support During Pandemic
L&T’s Support During Pandemic ➢ Reimbursement of vaccine cost for ➢ Monetary contribution made towards all employees (70% of employees PM Cares Fund (150 Cr) ➢ above 45 vaccinated) Conversion of inhouse facilities / tie Workmen ➢ Supplied test kits, hospital equipment, ration kits and PPE kits up wi
Slide 19: ESG – Defence matters
ESG – Defence matters ➢ L&T partners with the Indian Defence Research, Defence Research and Development Organisation (DRDO) and the Indian Armed Forces in the development of defence products, systems and platforms across land, sea and air operations, in line with its commitment to ‘Make in India’. ➢
Slide 20: Early mover in reporting…
Early mover in reporting… 2015 2014 2013 2012 2011 2010 2009 2008 2019 2018 2020 2016 2017 IR FY21 under progress 19
Slide 21: Reporting & disclosures
Reporting & disclosures CURRENT IN PROGRESS Upcoming + Integrated Annual Report/ Value Report 20
Slide 22: Roadmap approach
Roadmap approach ▪ New ESG Framework ▪ Revised group ESG vision ▪ Revised and updated policies ▪ Revision of Materiality Map ▪ ESG Roadmap: ST, MT & LT ▪ Lakshya-26 targets ▪ ESG Communication plan ▪ ESG Commitments 21 21
Slide 23: THANK YOU
THANK YOU 22 EPC PROJECTS | HI-TECH MANUFACTURING | SERVICES @ LARSEN & TOUBRO
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