L&T Finance Holdings Ltd. (LTFH), a prominent retail financier, is delighted to announce that its Corporate Social Responsibility (CSR) initiative has been honoured with the ‘Jury Choice Award’ at the 6th Indian Chamber of Commerce (ICC) Social Impact Summit Awards 2024. This accolade was bestowed upon LTFH for its exceptional efforts in promoting gender equality and women’s empowerment.
Additionally, the company has been bestowed with the esteemed Governor of West Bengal’s ‘Scroll of Honour’ for its commendable contributions in the field of social upliftment through the strategic utilization of resources under CSR.
The award was presented to Apurva Rathod, Company Secretary and Chief Sustainability Officer at LTFH, by the Governor of West Bengal, Dr. C.V. Ananda Bose, at a ceremony held in Kolkata.
In her statement, Rathod expressed the company’s commitment to sustainability and acknowledged the pivotal role of gender equality and women’s empowerment in building a prosperous society. She emphasized the company’s flagship initiative, the Digital Sakhi program, which aims to foster inclusion and equal opportunities for women and drive positive social change.
The Digital Sakhi program equips rural women and communities with digital and financial literacy, thereby promoting gender equality and women’s empowerment. With over 1,700 Digital Sakhis across 9 states and 20 districts, the initiative has positively impacted over 40 lakh individuals in the country.
L&T Finance Holdings Ltd. (LTFH) is a leading Non-Banking Financial Company (NBFC) that offers a diverse range of financial products and services. With its headquarters in Mumbai, the company has garnered the highest credit rating for NBFCs from four leading rating agencies. Additionally, LTFH has received accolades for its sustainability performance and CSR projects, particularly the “Digital Sakhi” initiative.
The company’s strategic roadmap, ‘Lakshya 2026’, aims to establish a top-class, digitally-enabled retail finance company and focus on creating a robust retail portfolio with quality assets while prioritizing environmental, social, and governance (ESG) considerations.
It is noteworthy that LTFH’s Digital Sakhi program aligns with the company’s commitment to women’s empowerment and financial inclusion. Through this initiative, LTFH has demonstrated its dedication to contributing towards a more equitable and inclusive society.
The recognition received by L&T Finance Holdings Ltd. serves as a testament to the company’s unwavering commitment to social responsibility and sustainability. By addressing critical societal issues and empowering women, LTFH is playing a pivotal role in driving positive change and fostering inclusive growth.
In conclusion, LTFH’s exemplary work in promoting gender equality and women’s empowerment through its CSR initiatives has rightfully earned the company prestigious accolades. As L&T Finance Holdings Ltd. continues to make significant strides in the realm of sustainability and social impact, it sets a commendable example for the corporate community to follow.
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