In 2023, L&T Finance conducted an environmental assessment and disclosed corporate waste management data in accordance with recognized sustainability reporting standards.The company provided a breakdown of its waste by type (hazardous vs non-hazardous) and treatment method (recovery vs disposal), enabling greater transparency into its waste handling and environmental practices.
| Metric (tonnes) | 2023 | 2022 |
|---|---|---|
Total Waste Generated | 85.41a | 3.15a |
Total Waste Recovered | 7.71a | 3.15a |
Total Hazardous Waste Generated | 7.71a | 3.15a |
Non-Hazardous Waste Disposed | N/A | N/A |
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In 2023, L&T Finance generated a total of 85metric tonnes of waste.a
Of this amount, 9.03% of L&T Finance's total waste generated was recovered through methods such as recycling, reuse, or composting, while 45.55% was disposed of through landfilling, incineration, or combustion.The remaining 45.43% was either treated using unspecified methods or not clearly categorized.a
In 2023, L&T Finance reported a total waste generation of 85 metric tonnes, of which 9.03% was recovered through recycling, reuse, or composting.This low recovery rate highlights limited waste diversion and suggests that L&T Finance may be relying more heavily on landfill or incineration, underscoring opportunities for stronger resource recovery initiatives.a
Since 2023, L&T Finance's total waste generation has increased by 2,611.43%, which may reflect expanding operations, weaker material efficiency, or insufficient waste reduction efforts.a
Over the same period, L&T Finance's waste recovery rate decreased by 90.97%.a
In 2023, L&T Finance generated a total of 85 metric tonnes of waste.a
Of this amount, 9.03% of L&T Finance's total waste generated of was classified as hazardous waste, characterized by properties such as toxicity, flammability, corrosiveness, or reactivity that may pose risks to human health, ecosystems, or the environment.0.13% was identified as non-hazardous waste, generally considered less harmful and subject to lighter regulatory controls.The remaining 90.84% was either treated using unspecified methods or not clearly categorized.a
Since 2023, L&T Finance's total waste generation has increased by 2,611.43%, which may reflect expanding operations, weaker material efficiency, or insufficient waste reduction efforts.a
Since 2023, L&T Finance's hazardous waste generation has increased by 90.97%, indicating a potential rise in the use of harmful materials, process inefficiencies, or limited hazardous waste reduction strategies..a
Overall, L&T Finance's waste and hazardousness trends are mixed or inconclusive. A more detailed review of its materials, industry standards, and operational changes would help clarify the net environmental impact of its waste strategy.a