Economy, Banking and Finance · 25 March 2026
L & T Finance Ltd. (LTF) joins United Nations Global Compact (UNGC)
Exam-focused facts from the 25 March 2026 current affairs briefing.
Key facts
- L & T Finance Ltd. (LTF), a leading Non-Banking Financial Company (NBFC) headquartered in Mumbai, has become a signatory to the United Nations Global Compact (UNGC).
- The UNGC is the world's largest corporate sustainability initiative, with over 20,000 participants across more than 160 countries.
- By joining the UNGC, LTF commits to aligning its operations with the Ten Principles concerning human rights, labour, environment, and anti-corruption.
- LTF will report annually on its progress in implementing the Ten Principles of the Global Compact through its annual reporting.
- The company is also a signatory to the Partnership for Carbon Accounting Financials (PCAF) to measure and manage financed emissions.
- S&P Global Ratings upgraded LTF's long-term Issuer Credit Rating to BBB/Stable and short-term rating to A-2 in August 2025.
- Fitch Ratings assigned LTF Long-Term Foreign and Local-Currency Issuer Default Ratings of BBB- with a Stable outlook.
- LTF is currently implementing its Lakshya 2026 strategic plan to transition into a digitally enabled retail finance company focused on Fintech@Scale.
- The company's flagship Corporate Social Responsibility (CSR) project, Digital Sakhi, focuses on women's empowerment and digital and financial inclusion.