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"L&T HAS A RICH LEGACY OF CSR"

BW Businessworld

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July 27, 2024

Mabel Abraham, Head of CSR at Larsen Toubro, shares insights on the company's impactful initiatives and sustainable solutions over the years.

- Team BW

"L&T HAS A RICH LEGACY OF CSR"

Could you share Larsen & Toubro's (L&T's) corporate social responsibility (CSR) vision and how it aligns with the company's business strategy?

L&T has a rich history of CSR, dating back to a time when it was not even called CSR. The ethos of community upliftment has been ingrained in the company for decades, with a primary focus initially placed on healthcare initiatives. Nearly four decades ago, L&T established a community health centre, which catered to reproductive and child health.

imageAnother milestone in L&T's CSR journey was the establishment of its Construction Skills Training Institute in 1995. This venture aimed to empower rural and migrant workers, often school dropouts, by providing them with industry-standard skills training. However, we didn't do any ring-fencing. People could get trained, go back and work anywhere or even start their own enterprise.

The advent of CSR regulations brought about a refinement in L&T's philanthropic efforts, enabling a more focused and strategic approach.

imageOver the years, L&T's CSR portfolio has evolved to encompass a broader spectrum of societal challenges, including water and sanitation. Our approach is to address the national agenda, look at the gaps, play to our strengths and see how we can use our knowledge and expertise to facilitate communities to better their lives.

What are the key pillars of L&T's CSR strategy?

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यह कहानी BW Businessworld के July 27, 2024 संस्करण से ली गई है।

हजारों चुनिंदा प्रीमियम कहानियों और 9,500 से अधिक पत्रिकाओं और समाचार पत्रों तक पहुंचने के लिए मैगज़्टर गोल्ड की सदस्यता लें।

क्या आप पहले से ही ग्राहक हैं?

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