Larsen & Toubro Ltd

Larsen & Toubro Ltd displays moderate governance around its climate-related policy engagement by maintaining a formal policy framework and performance tracking, although it does not disclose a dedicated review process or clear oversight for lobbying alignment. The company states that "LTI publishes their Annual Integrated report every year which includes their engagement activities and their annual performance," highlighting how "climate change, sustainability, business strategy, roadmap, goals set & targets achieved are the parameters" that are "tracked and assessed every year." It also notes that it has a "'Public Policy Advocacy' Policy" under which "senior executives of the company consistently interact with industry bodies such as Federation of Indian Chamber of Commerce and Industry (FICCI), Chamber of Indian Industries (CII), Bombay Chamber of Commerce and Industries (BCCI) to discuss about various aspects including climate commitments of the company." The disclosure identifies the "Head of Corporate Sustainability" as a member of these forums, yet the company does not describe a formal climate lobbying review, a documented process for aligning direct and indirect advocacy, or a designated governance body responsible for ensuring consistency with its climate commitments.