L&T Finance Ltd. Joins United Nations Global Compact to Bolster Global Sustainability and ESG Leadership

L&T Finance Ltd. Joins United Nations Global Compact to Bolster Global Sustainability and ESG Leadership

L&T Finance Ltd. (LTF) officially becomes a signatory to the United Nations Global Compact (UNGC), reinforcing its commitment to ESG principles, human rights, and anti-corruption. This milestone aligns LTF’s Lakshya 2026 goals with global sustainability standards, positioning the leading Indian NBFC as a responsible financial institution driving inclusive growth and ethical transparency.

 

L&T Finance Ltd. (LTF), formerly known as L&T Finance Holdings Ltd. and a premier Non-Banking Financial Company (NBFC) in India, has officially become a signatory to the United Nations Global Compact (UNGC), marking a definitive transformation in its corporate trajectory. As the world’s largest corporate sustainability initiative, the UNGC provides a global platform for LTF to integrate environmental, social, and governance (ESG) principles directly into its core business strategy and operations. This milestone reinforces the company's commitment to globally recognized principles and positions the institution as a responsible financial leader dedicated to driving sustainable and inclusive growth across the national landscape.

By joining this prestigious global network of thousands of committed companies, LTF publicly reaffirms its existing ethical practices while aligning its long-term strategy with the UNGC’s fundamental principles regarding human rights, labour, environment, and anti-corruption. This strategic alignment serves to strengthen the company’s dedication to sustainable development goals and long-term value creation. Ms. Apurva Rathod, Company Secretary and Chief Sustainability Officer at LTF, emphasized that becoming a signatory is a significant milestone that bolsters the progress toward the company's Lakshya goals, effectively embedding responsible financing and ethical business practices at the very heart of its strategic roadmap.

Transparency and accountability remain central to this transition, as LTF has committed to reporting annually on its progress in implementing the ‘Ten Principles of the Global Compact’ through its formal annual reporting disclosures. This move builds upon LTF’s established leadership in the NBFC sector, where it was among the first to undertake voluntary assurance for ESG disclosures and conduct comprehensive Business Impact studies using the True Value methodology. Furthermore, the company has adopted a Double Materiality approach to meet evolving global expectations and is a signatory to the Partnership for Carbon Accounting Financials (PCAF), which underscores its proactive management of financed emissions.

Headquartered in Mumbai, L&T Finance Ltd. maintains a 'AAA' credit rating from four leading domestic agencies and recently saw its international standing elevated in August 2025, when S&P Global Ratings upgraded its long-term Issuer Credit Rating to “BBB/Stable” and its short-term rating to “A-2.” With a customer base exceeding 2.8 crore, the company is aggressively pursuing its Lakshya 2026 plan to create a digitally enabled "Fintech@Scale" retail finance entity. Beyond its financial prowess, LTF continues to garner acclaim for its "Digital Sakhi" CSR project focusing on women’s empowerment. As the United Nations Global Compact calls on over 20,000 participants across 160 countries to advance broader societal goals, LTF’s participation signals a high-stakes commitment to ethical excellence and a future-ready financial ecosystem.

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