Comparative Analysis of contribution by ITC towards CSR projects Authors: Dr. Meghna Jain Dr. Niyati Anand Gyan Ganga Institute of Technology & Sciences 1
About ITC ITC is amon g India's foremost companies in the Private Sector. ITC is having a diversified presence in different sectors like Packaging, FMCG, Paperboards, Specialty Papers, Agri-Business and Hotels. ITC is considered to be positive in water, solid waste and carbon recycling. 2
Corporate Social Responsibility (CSR) by ITC CSR policy has been designed by ITC so as to help those people who are not getting the basic amenities easily. ITC aims to run such projects as well as activities which creates a significant and positive impact over the identified stakeholders. 3
CSR programmes of ITC Promoting education Ensuring environmental sustainability Poverty alleviation Promoting healthcare which includes preventive healthcare Skill development Enabling climate resilience Providing sanitation as well as drinking water Creation of livelihoods for disadvantaged section of society Preserving and promoting music and sports Rural development projects Providing assistance and relief to the victims of calamities and disasters Protection of national heritage, culture and art 4
CSR amount spent against projects – Health & Sanitation Year Amount spent for the project (Rs. In Lacs) 2017-18 10216 2018-19 12783 2019-20 11502 2020-21 4720 2021-22 5101 The highest amount spent by ITC during last 5 years has been in the year 2018-19 i.e. Rs . 12783 Lacs. 5
CSR amount spent against projects – Vocational Training Year Amount spent for the project (Rs. In Lacs) 2017-18 1605 2018-19 1698 2019-20 1848 2020-21 990 2021-22 1566 The highest amount spent by ITC during last 5 years has been in the year 2019-20 i.e. Rs . 1848 Lacs. 6
CSR amount spent against projects – Integrated Animal Husbandry Year Amount spent for the project (Rs. In Lacs) 2017-18 656 2018-19 358 2019-20 203 2020-21 144 2021-22 135 The highest amount spent by ITC during last 5 years has been in the year 2017-18 i.e. Rs . 656 Lacs. 7
CSR amount spent against projects – Livelihood Promotion Year Amount spent for the project (Rs. In Lacs) 2017-18 131 2018-19 175 2019-20 202 2020-21 185 2021-22 231 The highest amount spent by ITC during last 5 years has been in the year 2021-22 i.e. Rs . 231 Lacs. 8
CSR amount spent against projects – Education Year Amount spent for the project (Rs. In Lacs) 2017-18 2157 2018-19 2394 2019-20 2368 2020-21 1849 2021-22 2441 The highest amount spent by ITC during last 5 years has been in the year 2021-22 i.e. Rs . 2441 Lacs. 9
CSR amount spent against projects – Women Empowerment Year Amount spent for the project (Rs. In Lacs) 2017-18 1585 2018-19 1312 2019-20 1841 2020-21 341 2021-22 783 The highest amount spent by ITC during last 5 years has been in the year 2019-20 i.e. Rs . 1841 Lacs. 10
Conclusion ITC is having an overarching commitment towards creation of sustainable and significant societal value in their CSR initiatives which embraced those sections of the society which consists of the most disadvantaged section of the society, mainly in the rural areas through economic empowerment at the grassroot level which leads to capacity building. ITC aims to run such projects as well as activities which creates a significant and positive impact over the identified stakeholders. 11