2 Sustainability Report on ITC Limited.pptx

462 views 10 slides Feb 18, 2024
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About This Presentation

Sustainability Report on ITC Limited


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Sustainability Report On ITC Limited By ADITI MISHRA

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 24 th 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. 2 Sanjiv Puri Chairman & Managing Director

Mission, Vision and Objectives of ICT 3 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 T o 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.

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. 4 ITC Sustainability Report 2022 Sustainability In The Value Chain

Sustainability Report A report about economic, environment, & Social impacts caused by an organization through its everyday activities.

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. S upport 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 6 ITC Sustainability Report 2022

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 ​ 7 ITC Sustainability Report 2022

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 8 ITC Sustainability Report 2022 Climate Change​

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. 9

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