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    Sus Report Release 151210 C

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    Andrew_Tan_Ken_39
    The document summarizes the release of L&T's Sustainability Report 2010. It was released by Chairman and Managing Director Mr. A.M. Naik. The report secured the highest application level of A+ from the Global Reporting Initiative. Mr. Naik emphasized the importance of delivering returns to shareholders while remaining committed to sustainability. He also stressed the need for developing superlative leadership in independent companies. The event was also addressed by Mr. Venkataramanan who urged sustainability be treated as an area of innovation and become a way of life for employees.

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    Sus Report Release 151210 C

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    Andrew_Tan_Ken_39
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    The document summarizes the release of L&T's Sustainability Report 2010. It was released by Chairman and Managing Director Mr. A.M. Naik. The report secured the highest application level of A+ from the Global Reporting Initiative. Mr. Naik emphasized the importance of delivering returns to shareholders while remaining committed to sustainability. He also stressed the need for developing superlative leadership in independent companies. The event was also addressed by Mr. Venkataramanan who urged sustainability be treated as an area of innovation and become a way of life for employees.

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    The document summarizes the release of L&T's Sustainability Report 2010. It was released by Chairman and Managing Director Mr. A.M. Naik. The report secured the highest application level of A+ from the Global Reporting Initiative. Mr. Naik emphasized the importance of delivering returns to shareholders while remaining committed to sustainability. He also stressed the need for developing superlative leadership in independent companies. The event was also addressed by Mr. Venkataramanan who urged sustainability be treated as an area of innovation and become a way of life for employees.

    Copyright:

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    22 views2 pages

    Sus Report Release 151210 C

    Uploaded by

    Andrew_Tan_Ken_39
    The document summarizes the release of L&T's Sustainability Report 2010. It was released by Chairman and Managing Director Mr. A.M. Naik. The report secured the highest application level of A+ from the Global Reporting Initiative. Mr. Naik emphasized the importance of delivering returns to shareholders while remaining committed to sustainability. He also stressed the need for developing superlative leadership in independent companies. The event was also addressed by Mr. Venkataramanan who urged sustainability be treated as an area of innovation and become a way of life for employees.

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    of 2

    December 15, 2010

    L&T Sustainability Report 2010


    Released by Mr. A.M. Naik
    Report has secured Highest ‘GRI-Checked’ Application Level A+

    L&T’s Sustainability
    Report 2010 was
    released by Chairman &
    Managing Director, Mr.
    A.M. Naik, along with
    Mr. K. Venkataramanan,
    Member of the Board
    and President (E&C
    Projects), and Mr. M.V.
    Kotwal, Member of the
    Board and Sr. Executive
    Vice President (Heavy
    Engineering), at Powai’s
    Learning Centre on December 14, 2010. The function was webcast live across all
    L&T establishments in India and overseas.

    Speaking on the occasion, Mr. Naik offered insights into the multiple challenges
    that would be encountered on our sustainability journey.
    Providing a pragmatic assessment of the prevailing
    situation in the corporate world, Mr. Naik said it was
    imperative for L&T to deliver targeted returns to
    shareholders while remaining in consonance with the
    company’s value system. He added that rigorous
    implementation of the new organisational structure would
    prove to be another major step in ensuring sustainability
    since it replaced an older structure that was clearly out of
    step with the enlarged size of the Company’s businesses.
    On the theme of leadership, Mr. Naik also stressed the
    importance of fostering “superlative leadership” for the
    Independent Companies since each of them could grow into organisations
    comparable to L&T in size.

    The release function was also addressed by Mr. Venkataramanan (KV) who urged
    that sustainability be treated as another of the technology innovations in which
    L&T-ites excel. Tracing the typical evolution of new concepts through the stages
    of ‘Knowledge to Compliance to Behavioural’, KV said that it was time that
    sustainability too became a behavioural characteristic and a ‘way of life’ for all of
    us.

    Earlier, Mr. Ajit Singh, Executive Vice President, Corporate Infrastructure &
    Services, L&T, provided a curtain raiser to the event by enumerating L&T’s
    achievements on the sustainability front. To cheers from the packed gathering, Mr.
    Singh announced that L&T is the first company in India in the engineering and
    construction space to complete its carbon footprint mapping. Mr. Alok Sharma,
    Head – Corporate Sustainability, L&T, proposed the vote of thanks.

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