L&T has an extensive supplier base across the globe, one which has grown in tandem with the company’s growth. As a responsible global enterprise, L&T includes a sustainable supply chain as part of its sustainability performance management and sustainability targets. To ensure adherence and compliance, we have put in place policies, processes, and a Code of Conduct for our supply chain partners. A sustainable supply chain not only reduces environmental and adverse social impact but also builds resilience, supports business continuity, and increases competitiveness.
Supply Chain Assessment
L&T is committed to drive sustainability across its supply chain partners, including vendors, contractors, service providers and distributors through a Green Supply Chain Policy and its Code of Conduct. L&T expects and urges its suppliers to introduce suitable processes, functions and management systems within their organisations that support such compliance and drive continuous improvement with regards to the requirements included in the Code of Conduct. The assessment of supply chain partners covers parameters related to the environment, human rights, health and safety, CSR, and governance and done through a structured questionnaire supported by backup documents.
Supply Chain Awareness and Training
To promote sustainability and responsible business practices, L&T has conducts training and awareness sessions for its supply chain partners. These sessions cover topics such as fundamentals of sustainability, the emerging regulatory landscape, BRSR principles, how L&T is incorporating sustainability in supply chain, ESG assessment for supply chain partners being conducted by L&T and preparedness for upcoming requirements. L&T will continue to build awareness among its partners and work together to contribute towards a sustainable and resilient future.