L&T Finance Ltd
L&T Finance's GHG Emissions Data Preview
In 2023, L&T Finance completed a corporate carbon footprint assessment and publicly disclosed its greenhouse gas (GHG) emissions according to the GHG Protocol, covering Scope 1 (direct emissions from owned or controlled sources), Scope 2 (indirect emissions from purchased energy), and Scope 3 (indirect emissions across the value chain).
L&T Finance has also provided a category-level breakdown for 4 out of 15 Scope 3 emissions categories, offering greater transparency into its value chain emissions.
| Metric (tCO2e) | 2024 | 2023 | 2022 | 2021 - 2017 |
|---|---|---|---|---|
Total Scope 1 | 0000000 | Copy restricted. Please purchase to unlock this data.  | Copy restricted. Please purchase to unlock this data.  | 0000000 |
Total Scope 2 | ||||
Unspecified Calculation Method | 0000000 | Copy restricted. Please purchase to unlock this data.  | Copy restricted. Please purchase to unlock this data.  | 0000000 |
Total Scope 3 | 0000000 | Copy restricted. Please purchase to unlock this data.  | Copy restricted. Please purchase to unlock this data.  | 0000000 |
This table provides a simplified preview of selected GHG emissions data points. To access the complete dataset with full disclosures, detailed breakdowns, and source traceability, create a free account to view purchase options.
Insights into L&T Finance's Operational Emissions
In 2023, the total operational greenhouse gas (GHG) emissions of L&T Finance amounted to 3,315.38 metric tons of CO2 equivalent. This figure includes both direct emissions from owned or controlled sources (Scope 1) and indirect emissions from purchased energy (Scope 2).
Compared to 2022, the total operational greenhouse gas (GHG) emissions of L&T Finance decreased by 30.07%, showing that the company has made progress in taking action to reduce the climate impact of its operations.
L&T Finance's Scope 1 Emissions Over Time
- Total Scope 1
- Year-over-Year Change
What are L&T Finance's Scope 1 emissions?
In 2023, the total Scope 1 emissions of L&T Finance were 387.14 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).
Has L&T Finance reduced its Scope 1 emissions over time?
Since 2021, L&T Finance's Scope 1 emissions have increased by 3,899.38%, reflecting a rising long-term trend in Scope 1 emissions over time.
Compared to the previous year (2022), L&T Finance's Scope 1 emissions increased by 4.65%, suggesting that the company faced challenges in reducing emissions from its directly owned or controlled operations.
What are L&T Finance's Scope 2 emissions?
In 2023, L&T Finance reported Scope 2 greenhouse gas (GHG) emissions of 2,928.24 tCOâ‚‚e without specifying the calculation method.
Has L&T Finance reduced its Scope 2 emissions over time?
Since 2021, L&T Finance's Scope 2 greenhouse gas (GHG) emissions (Unspecified Calculation Method) have decreased by 21.18%, reflecting a declining long-term trend in Scope 2 emissions over time.
Compared to the previous year (2022), L&T Finance's Scope 2 emissions (Unspecified Calculation Method) fell by 33% in 2023, showing that the company has made progress in taking action to reduce the climate impact of its energy consumption.
What methodology does L&T Finance use for Scope 2 reporting?
In 2023, L&T Finance reported its Scope 2 emissions using an unspecified methodology.
L&T Finance's Scope 2 Emissions Over Time
- Total Scope 2 (Unspecified Calculation Method)
Insights into L&T Finance's Value Chain Emissions
In 2023, L&T Finance reported 4,051.92 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) of Scope 3 greenhouse gas (GHG) emissions, representing indirect emissions across its upstream and downstream value chain.
The 2023 disclosure of L&T Finance includes a breakdown across 4 of the 15 Scope 3 categories defined by the GHG Protocol, up from 2 in 2022, reflecting improved emissions accounting practices and greater transparency across the company's value chain
L&T Finance's Scope 3 Emissions Over Time
- Total Scope 3
- Year-over-Year Change
What are L&T Finance's Scope 3 emissions?
In 2023, L&T Finance reported total Scope 3 emissions of 4,051.92 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).
Approximately 100% of these emissions originated from upstream activities such as purchased goods and capital goods, while 0% came from downstream activities like product use, distribution, and end-of-life treatment.
Has L&T Finance reduced its Scope 3 emissions over time?
Since 2021, L&T Finance's Scope 3 emissions have increased by 356.11%, reflecting a rising long-term trend in Scope 3 emissions over time.
Compared to the previous year (2022), L&T Finance's Scope 3 emissions increased by 11.08%, suggesting that the company faced challenges in reducing emissions across its value chain.
What categories of Scope 3 emissions does L&T Finance disclose?
In 2023, L&T Finance reported emissions for 4 out of the 15 Scope 3 categories defined by the GHG Protocol.
The limited disclosure restricts visibility into specific emission sources across the company's value chain.
What are the main sources of L&T Finance's Scope 3 emissions?
In 2023, the largest contributors to L&T Finance's Scope 3 emissions were:
- Capital Goods (Cat. 2): 2,331.79 tCOâ‚‚e (57.55%)
- Business Travel (Cat. 6): 1,297.76 tCOâ‚‚e (32.03%)
- Purchased Goods and Services (Cat. 1): 367.65 tCOâ‚‚e (9.07%)
L&T Finance's Scope 3 Emissions by Categories
Insights into L&T Finance's Total Carbon Footprint
In 2023, L&T Finance reported a total carbon footprint of 7,367.3 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 12.17% decrease compared to 2022, indicating progress in reducing its overall greenhouse gas output.
The largest contributor to L&T Finance's total carbon footprint was Scope 3 emissions, accounting for 55% of the company's total carbon footprint, followed by Scope 2 emissions at 39.75%.