Larsen & Toubro (L&T) has been ranked No.3 in the ‘Top 200 Environmental Firms’ list for 2022 released by Engineering News-Record (ENR), New York. L&T is the only Indian firm in this list, with pro environmental revenues of $4.83 billion in 2021, accounting for 30% of the company’s total revenues.
In terms of ENR’s segmentation of the sector-wise share of the companies’ revenues, L&T has ranked No.3 in both the lists of projects pertaining to Air Quality / Clean Energy and Water Treatment/Supply. While L&T earned total pro environmental revenues of $4.83 billion in 2021, the projects from these two categories accounted for 67% of that.
The other notable aspect is that in terms of client-wise segmentation of revenues, L&T ranks No.1 when its client is Federal Government and No.2 when its clients are State/Local Governments. In all, 94% of L&T’s revenues are sourced from clients who are Federal Government and State / Local Governments. This is reflective of the fact that L&T’s pro environmental revenues are largely aligned to and driven by the government’s commitment to promote environment-friendly practices.
L&T is an Indian multinational engaged in technology, engineering, construction, manufacturing and financial services.
Company Name | CMP |
---|---|
Larsen & Toubro | 3650.65 |
Rail Vikas Nigam | 287.05 |
KEC International | 732.95 |
Kalpataru Projects | 1180.00 |
NCC | 246.75 |
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