Larsen Toubro is a massive multinational conglomerate based in India. They published their second Sustainability report in December 2009, entitled " * conditions apply ". This is what they mean, in their words, "This planet that we call home is like no other in the galaxy. No other body in the orbit has the cocoon of atmosphere that sustains life; nowhere else do waters flow from summit to sea,nourishing civilisations along the way. This unique, bountiful and beautiful world of ours has helped man flourish across time. It can certainly provide for us far into the future but ...... contitions apply". Isn't that poetic ? Wait, it's gets better. Sustainability is not just "survivability" , it's "thrivability" . Now they are rewriting Websters. There are more poetic and linguistic twists throughout the report. I will leave you to pick them out.
Larsen Toubro is into everything including construction, power development, oil, gas, thermal power, metallurgical projects, mass transport systems, heavy engineering medical systems, insurance, banking, software, infrastructure, industrial machinery and the list goes on. Quite some business, employing over 35,000 individuals.
I haven't read this GRI checked A+ 112 page report in detail. I just wanted to point out a nice feature. The 8 members of the Executive Leadership Team each make their own statement about Sustainability relative to their sphere of responsibility, alongside their photo. This is nice, because it demonstrates a personal commitment by each of the leaders of the business. Each one of them is on record as being committed to sustainability. Just a shame that not one of them is a woman ! How sustainable is that ?!
elaine cohen is the joint CEO of BeyondBusiness, a leading reporting and social-environmental consulting firm based in Israel. Visit our website at: www.b-yond.biz/en
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