Larsen & Toubro (L&T) is known for its strong commitment to helping communities grow and sustain relationships. In the fiscal year 2022-23, L&T spent over ₹140 crore on CSR (corporate social responsibility) programs, placing it 14th on The CSR Journal’s list of top companies for CSR in India in 2023. L&T focuses on important areas like health, education, job skills, farming, water, and cleanliness to create lasting benefits for people.
Key CSR Program of Larsen & Toubro Limited in FY 2023-24
L&T’s programs help communities use water wisely, grow organic crops, and save rare seeds. One of their big success stories is a guava orchard in Gevrai Marda village, which used modern watering systems like drip and sprinkler irrigation and supported the growth of fruit farming.
Health Programs
L&T has set up many health centers and mobile units to provide a range of medical services, including special clinics for kidney dialysis and cancer care. These health initiatives make sure that more people can get good medical care no matter where they live.
Job Skills Training
L&T has trained over 11,000 young people, giving them the skills they need for good jobs. For example, in Vadodara, their SARAL Samudaay project helps women learn new skills that can help them earn their own money.
Education Efforts
L&T works to close the education gap between city and rural areas, especially in science and math. They use fun, hands-on learning activities and community-based education to improve education for children in less privileged areas. Their ‘Saajhi Shiksha’ project helps these children build strong basic skills.
Plans for 2024-25
Looking forward to 2024-25, L&T aims to grow its CSR work to better meet global goals for sustainable development and have a deeper impact on communities:
Expanding Health Care: L&T plans to start more clinics and extend its mobile health services to reach more people in remote areas.
Improving Education: The company wants to use more technology in its education programs to help reduce the learning gap and support inclusive education.
Boosting Job Skills: L&T intends to offer a wider range of training programs that match the changing needs of industries, helping more young people get good jobs.
Growing Farming Projects: L&T will continue to support farming that is good for the environment, using modern irrigation methods and organic farming in more places.
Matching Global Development Goals
L&T’s CSR activities align well with several global goals, such as:
SDG 3 (Good Health and Well-being): Through its wide range of health programs.
SDG 4 (Quality Education): By improving access to quality education for disadvantaged children.
SDG 5 (Gender Equality): Through training programs aimed specifically at empowering women.
SDG 6 (Clean Water and Sanitation) and SDG 15 (Life on Land): By teaching people to use water wisely and promoting environmentally friendly farming.
CSR Program of Larsen & Toubro Limited shows a deep dedication to creating a sustainable future and improving life in communities. As L&T continues its efforts, its ongoing and upcoming projects are set to make a big, lasting difference, helping to build a better and more inclusive world.
For More Information: CSR Program of Larsen & Toubro Limited
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