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5 million livelihoods
Y C Deveshwar
Chairman, ITC Limited
We believe that our corporate strategy which embraces societal development as an integral part of our mission of wealth creation for our stakeholders ensures the long term sustainability of our business enterprise.
Going forward, competitiveness and profitability will be increasingly linked to the ability of business to make carbon reduction and the creation of sustainable livelihoods an integral part of their value proposition to consumers.
Inspired by the opportunity to contribute to a more secure and sustainable future, ITC Limited has structured innovative business models that leverage its brands, technological capability, agri-sourcing strengths and an unmatched trade distribution network to create unique opportunities for sustainable livelihoods.
ECONOMIC
ENVIRONMENTAL
S O C I A L
A portfolio of businesses of tomorrow encompassing FMCG, Paperboards & Packaging, Agri & Foods Business, Hotels and Information Technology. A turnover of over US $ 7 billion and a market capitalisation of over US $ 45 billion. Total Shareholder Returns, measured in terms of increase in market capitalisation and dividends, grew at a compound rate of around 27% per annum over the last 17 years. The new FMCG businesses support the competitiveness, technology upgradation and market reach of over 150 Small and Medium Enterprises (SMEs). ITC Group provides direct employment to nearly 30,000 people.
ITC has been Carbon Positive 8 years in a row (sequestering/storing 1.5 times the amount of CO2 that the Company emits). Water Positive for 11 consecutive years (creating over 2 times more Rainwater Harvesting potential than ITCs net consumption). Solid Waste Recycling Positive for the last 6 years. All Environment, Health and Safety Management Systems in ITC conform to international standards.
ITCs businesses generate livelihoods for over 5 million people. ITCs globally recognised ITC e-Choupal initiative is the worlds largest rural digital infrastructure benefiting over 4 million farmers. ITC Choupal Social & Farm Forestry initiative has greened over 1,60,000 hectares, creating over 70 million person-days of employment among the disadvantaged. ITC Choupal Watershed Development initiative brings precious water to over 1,26,000 hectares of drylands and moisture-stressed areas. ITCs Sustainable Community Development initiatives include womens empowerment, supplementary education, integrated animal husbandry programmes.
FMCG
Branded Packaged Foods Personal Care Products Cigarettes & Cigars Lifestyle Apparel Education & Stationery Products Agarbattis & Safety Matches
Agri Business
Hotels
Information Technology
R&D
Greening over 1,60,000 hectares & providing over 70 million person - days of employment
ITC Hotels
Over 41% of ITCs total energy consumption is met from renewable sources
ITC Sangeet Research Academy A corporate tribute to the rich tradition of Hindustani Classical music
A unique manifestation of ITCs credo of putting India First finds expression in the ITC Sangeet Research Academy. Established in 1977 to carry on the rich tradition of Hindustani Classical music, the Academy is a one-of-a-kind institution preserving a priceless national heritage. Recognised as the finest repository of this musical genre, it is the worlds first and only professionally managed modern Gurukul.
FICCI Award for Outstanding Achievement in Rural & Community Development, presented by the then Honble Finance Minister of India, Shri Pranab Mukherjee Development Gateway Award for ITC e-Choupals contribution to Information & Communication Technologies for Development Stockholm Challenge Award for the ITC e-Choupal initiative Inaugural World Business Award in recognition of ITCs significant efforts to create sustainable livelihood opportunities and enduring wealth in a developing country UNESCO-Water Digest Corporate Social Responsibility Crown Award for Water Practices TERI Corporate Social Responsibility Award for the ITC e-Choupal initiative Asian CSR Award for Environmental Excellence ITC was ranked 2nd among the top companies in India and 7th in Asia in the Asian Sustainability Rating released by CSR Asia UNIDO Award at the International Conference on Sharing Innovative Agribusiness Solutions ITC is the first Indian company to gain membership to the World Wildlife Fund Global Forestry & Trade Network ( WWF-GFTN ) for its responsible forestry initiatives NCPEDP ( National Centre for Promotion of Employment for Disabled People ) Shell-Helen Keller Award for the ITC-Welcomgroup chain
Download ITCs Sustainability App from the ITC Portal ( www.itcportal.com ), iTunes or Google Play Store.
January 2014
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