Could you share Larsen & Toubro's (L&T's) corporate social responsibility (CSR) vision and how it aligns with the company's business strategy?
L&T has a rich history of CSR, dating back to a time when it was not even called CSR. The ethos of community upliftment has been ingrained in the company for decades, with a primary focus initially placed on healthcare initiatives. Nearly four decades ago, L&T established a community health centre, which catered to reproductive and child health.
Another milestone in L&T's CSR journey was the establishment of its Construction Skills Training Institute in 1995. This venture aimed to empower rural and migrant workers, often school dropouts, by providing them with industry-standard skills training. However, we didn't do any ring-fencing. People could get trained, go back and work anywhere or even start their own enterprise.
The advent of CSR regulations brought about a refinement in L&T's philanthropic efforts, enabling a more focused and strategic approach.
Over the years, L&T's CSR portfolio has evolved to encompass a broader spectrum of societal challenges, including water and sanitation. Our approach is to address the national agenda, look at the gaps, play to our strengths and see how we can use our knowledge and expertise to facilitate communities to better their lives.
What are the key pillars of L&T's CSR strategy?
In addition to our four key areas - education, health, skilling and water and sanitation, we prioritise the integration of technology and innovation across all initiatives. This commitment extends to our integrated community development programmes in rural areas.
هذه القصة مأخوذة من طبعة July 27, 2024 من BW Businessworld.
ابدأ النسخة التجريبية المجانية من Magzter GOLD لمدة 7 أيام للوصول إلى آلاف القصص المتميزة المنسقة وأكثر من 9,000 مجلة وصحيفة.
بالفعل مشترك ? تسجيل الدخول
هذه القصة مأخوذة من طبعة July 27, 2024 من BW Businessworld.
ابدأ النسخة التجريبية المجانية من Magzter GOLD لمدة 7 أيام للوصول إلى آلاف القصص المتميزة المنسقة وأكثر من 9,000 مجلة وصحيفة.
بالفعل مشترك? تسجيل الدخول
The Rise and Evolution of Coffee Culture in India
AS A BANGALORE native, South Indian filter ‘Kaapi’ has always been a significant part of our tradition.
The Daily Ground Goes Desi
Success in Tier-2 and Tier-3 cities hinges on several key factors, with one of the most important being the ability to offer high-quality products at an accessible price point
Cracking The Indian Code
TARUN JAIN, CEO of Tim Hortons India believes in creating an experience at cafes by blending global quality, local flavours and affordability
Making Coffee the New Chai in India
Affordable, great-tasting coffee made fast-abCoffee is reshaping how India drinks coffee
Scripting A New Era Of Coffee In India
From a bootstrapped startup to international expansion, NOTHING BEFORE COFFEE is brewing its way to the top by challenging the giants of the coffee industry with innovation, personalisation, and sustainability
"Driven By A Younger Demographic, Coffee Culture Is On The Upswing"
SUNIL D'SOUZA, Managing Director and CEO of Tata Consumer Products, discusses the company's strategic growth in India's booming coffee market, focusing on premiumisation, innovation, and expanding consumer experiences both at home and in cafés, in this exclusive conversation with BW Businessworld's Tarannum Manjul
Fresh Brew, Big Ambitions
From startups to stores, Beanly's Samayesh Khanna and Rahul Jain elevate India's coffee culture by making freshly brewed coffee a daily delight
"On Track To Become India's Top Café Chain"
In an exclusive interview, RAJAT AGRAWAL, CEO of Barista Coffee, shared insights on the company's current market position, expansion strategies, and its response to growing competition
"Ensuring A Seamless Coffee Experience Outside The Cafe Is The Next Big Thing To Watch Out For"
In an exclusive conversation with BW Businessworld's Resham Suhail, Third Wave Coffee CEO RAJAT LUTHRA and its Co-founder AYUSH BATHWAL delve on how they are navigating the competitive landscape, going beyond retail and tapping changing consumer preferences
Go Glocal
Crafting experiences with a glocal touch, Tata Starbucks CEO SUSHANT DASH is credited with pioneering personalised coffee culture in a tea-loving nation