2. About ITC
ITC is one of India's foremost private sector companies a part of conglomerated
industry with a diversified presence in FMCG, Hotels, Packaging, Paperboards &
Specialty Papers and Agri-Business. It was founded on 24th August,1910 in Kolkata,
West Bengal. Driven by the ‘Nation First: Sab Saath Badhein’ philosophy and the
abiding strategy of ‘Responsible Capitalism’, ITC has brought about transformational
change in society by pursuing innovative business models that synergies creation of
shareholder value with social and natural capital.
Chairman’s Message
I have great pleasure in presenting ITC’s 19th Sustainability. This report has been
accorded the highest “In Accordance – Comprehensive” rating of GRI Standards and
is externally verified by Deloitte Haskins & Sells. It is a matter of immense
satisfaction that ITC’s sustainability performance continues to receive global
recognition. The Company sustained its ‘AA’ rating by MSCI-ESG - the highest
amongst global tobacco companies, and was also included in the Dow Jones
Sustainability Emerging Markets Index. Additionally, ITC was rated ‘A -’ at the
Leadership Level for both Climate Change and Water Security by CDP, which is
above the Asia and Global average of B- for climate change and B for water security.
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Sanjiv Puri
Chairman & Managing Director
3. Mission, Vision and
Objectives of ICT
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THE ITC VISION
Sustain ITC's position as one of India's most valuable
corporations through world class performance, creating
growing value for the Indian economy and the Company's
stakeholders.
THE ITC MISSION
To enhance the wealth generating capability of the
enterprise in a globalizing environment, delivering superior
and sustainable stakeholder value.
ITC’s OBJECTIVE
To achieve the greenest and safest operations across all
its operations. To enhance the wealth generating capability
of the enterprise in a globalizing environment, delivering
superior and sustainable stakeholder value.
4. ITC is vertically integrated to a large extent, it provides
unique opportunities for establishing synergy and
thereby minimizing environmental impacts through
optimum utilization of raw materials, reuse / recycling of
wastes and optimum logistics.
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Sustainability In The Value Chain
5. Sustainability
Report
• A report about economic,
environment, & Social impacts
caused by an organization
through its everyday activities.
6. ECONOMIC SUSTAINABLITY
• The Company is committed to
nurturing a spirit of equity at the
workplace.
• There were 131,670 person-
days of formal training provided
to employees across the
Company.
• 37,334 Full-time employees at
ITC.
• 2x Increase in L&D coverage
over pre-pandemic year.
• ITC now employs 124 differently
abled persons and 73% of
women constituting across
businesses.
Workforce of Tomorrow
• Profit before tax has grown 33
times
• ITC's investments of over Rs.
6,000 crores in the last decade
towards enhancing the
competitiveness of its
businesses.
• Support direct employment to
the tune of 20,000 and indirect
employment across the value
chain of nearly 5 million people.
• The investment plans
envisaging Rs.14,000-15,000
crores over the next few years
would further enlarge ITC's
economic contribution.
Nurturing Leaders of
Tomorrow
• ITC's engagement across
diverse value chains spans the
farming community, small
enterprises and shop owners in
the small, medium and cottage
sectors.
• The Company's new FMCG
businesses alone support the
competitiveness of over 120
vendors in the SME sector.
• The symbiotic partnership
between the Company and such
cottage industry vendors
leverages complementary
strengths for mutual benefit.
Inclusive value chains
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7. SOCIAL SUSTAINABLITY
• The thrust of the Company's
social sector investments,
christened 'Mission Sunehra
Kal', is on: natural resource
management, which includes
wasteland, watershed, and
agricultural development,
creating sustainable livelihoods,
comprising genetic
improvement in livestock and
economic empowerment of
women and community
development, with a focus on
primary education, health and
sanitation.
Mission Sunehra Kal
• Multiplying Farmer Incomes
• Providing Institutional Support
and Empowering Grassroots
Institutions
• Leveraging e-Choupal for
Enabling Market Access and a
Digitally Driven Agri-
Transformation
• Replenishing Natural Resources
Crucial for Agriculture – Water,
Soil and Biodiversity
• Building Rural Infrastructure for
Improving Adaptive Capacity
Next-Generation Agriculture
• ITC’s initiative strives to create
alternative employment for
surplus labor and decrease
pressure on arable land by
promoting non-farm incomes.
• ITC touches the lives of nearly 4
million villagers across India. In
the next 5 years, ITC aspires to
empower over 10 million rural
Indians.
• Primary education initiative
benefitting 460000
• Pashu Sakhi: Women
entrepreneur improving their
income to educate their
children.
Livelihood
Diversification
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8. ENVIRONMENT SUSTAINABLITY
• Around 42% of ITC’s energy is
from renewable sources
• 9 ITC units met more than 90%
of their electrical energy
requirements from renewable
sources
• 38 buildings of the Company
are Platinum rated green
buildings by USGBCLEED/IGB
• More than 950,000 acres under
forest cover, till date with
addition of 76,608 acres of
plantation added under social
and farm forestry initiatives that
resulted in 6,182 kilo tones of
CO2
• Integrated Watershed
Development Projects across
40 districts of 16 states in India
• 40% reduction in Specific Water
Intake by 2030.
• 50,000 water harvesting
structures over 2.2 million
acres, RWH potential of 60
million kl by 2030, equivalent to
5X the Net Water Consumption
from Operations.
Water Security
• Creating replicable, scalable
and sustainable models of solid
waste management. Developing
viable recycling options for
multi-layered plastic (MLP)
packaging.
• Ensuring 100% of packaging is
reusable, recyclable or
compostable/biodegradable.
Optimising packaging, reduction
in plastic packaging intensity.
• Targeting 100% recycling.
Reducing specific waste
generation at all ITC Units
through the improvement of
material utilization efficiency.
Solid Waste Management
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Climate Change
9. Conclusion
ITC ltd. is a leading FMCG Company in India and for the last
three consecutive years, it has shown accelerated growth in
the FMCG portfolio. ITC has placed itself successfully as a
market leader in various verticals and will continue to dominate
through several brands.
ICT do not ignore the environment while stepping forward to
their growth. It keeps on working for our better youth by
following sustainability practices. In terms of environmental
performance, ITC aims to minimize impact and create a
positive footprint wherever possible. The company also
ensures a safe and healthy workplace for the wellbeing of its
employees. All ITC facilities are continually ahead of national
legislation and benchmarked to the best international
standards and practices in terms of design and infrastructure.
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