Report profile
Scope of reporting
Reporting period
The Report is published annually for the period April 1, 2022 to March 31, 2023.
Reporting boundary
This Report covers information on Indian and international operations of LTIMindtree. It also includes its subsidiaries across 35 countries. Refer to the AOC-1 for details on page 202, collectively referred to as ‘the Group’.
Financial and non-financial reporting
The Report extends beyond financial reporting and includes non-financial performance, opportunities, risks and outcomes attributable to or associated with our key stakeholders, which has a significant influence on our ability to create value.
Materiality
The Report focuses on information that is material to its business. It provides a concise overview of the Company’s performance, prospects and ability to provide sustainable value for all its stakeholders. The legitimate interests of all stakeholders have been taken into account and all material information has been included in this Report.
Targeted readers
This Report is primarily intended to address the information requirements of long-term investors. We have attempted to present information in a manner that is relevant to the way we create value for other key stakeholders, including our employees, customers, suppliers, regulators and society.
Our capitals
All organizations depend on various forms of capital for their value creation. Our ability to create long-term value is interrelated and fundamentally dependent on various forms of capitals available to us (inputs), how we use them (value-accretive activities), our impact on them and the value we deliver (outputs and outcomes).
Financial
capital
Manufactured
capital
Intellectual
capital
Human
capital
Social and relationship capital
Natural
capital
Report alignment
This Report aligns with the principles and guidelines of the:
- International
framework of the International Integrated Reporting Council (IIRC) (known as IFRS Foundation) - United Nations Sustainable Development Goals (UN-SDGs)
- United Nations Global Compact Principles (UNGC)
- National Voluntary Guidelines on Social, Environmental and Economic Responsibilities of business (NVG-SEE)
- The Companies Act, 2013 (and the rules made thereunder)
- Indian Accounting Standards
- Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015
- Secretarial Standards issued by the Institute of Company Secretaries of India
Sustainability/ESG indices participated in
We are proud to have our efforts in sustainable development recognized by industry-leading rating and ranking agencies.
Board’s support for value creation
To our shareholders and other stakeholders
We are pleased to present our 2022-23 Integrated Annual Report to our shareholders and other stakeholders. This Report provides relevant information about performance, operating context, governance, material risks and opportunities, strategy and future prospects of LTIMindtree Limited.
Board Responsibility Statement
As the Board, we acknowledge our responsibilities to ensure the integrity of this Integrated Annual Report. We have accordingly, applied our collective mind and believe the report addresses all material issues and presents the integrated performance of the Company and its impact in a fair and accurate manner. We approved the Integrated Annual Report 2022-23 on April 27, 2023.
Forward-looking statements
Certain statements in this document constitute ‘forward-looking statements’, which involve known and unknown risks and opportunities, other uncertainties, and important factors that could turn out to be materially different following the publication of actual results.
These forward-looking statements speak only as of the date of this document. The Company undertakes no obligation to update publicly, or release any revisions, to these forward-looking statements, to reflect events or circumstances after the date of this document, or to reflect the occurrence of anticipated events.
www.ltimindtree.com/investors/