Itc Sustainability Report 2012

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  • Topic: Sustainability, Strategic management, Value chain
  • Pages : 159 (41576 words )
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  • Published : March 31, 2013
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SUSTAINABILITY REPORT 2012

The only Company in the world, to be carbon, water and solid waste recycling positive

FOR ALL OUR TOMORROWS

Creating over 5 million sustainable livelihoods

More than 38% of energy consumption at ITC is from renewable sources

ITC Hotels Greenest Luxury Hotel Chain in the world

G R I - G 3 C O M P L I A N T A P P L I C AT I O N L E V E L A +

CONTENTS
Chairman’s Statement: ITC’s Vision and Strategy Key Impacts, Risks and Opportunities 04 07

ECONOMIC PERFORMANCE ITC ORGANISATIONAL PROFILE
Certifications, Honours and Awards Report Profile, Scope and Boundary Governance, Commitments and Engagements

14
26 30 34

Creating Enduring Institutions

44
50

SOCIAL PERFORMANCE
Labour Practices and Decent Work Social Investments Mission Sunehra Kal

82
84 94 101 106 113 118 126 128 131

ENVIRONMENTAL PERFORMANCE

Climate Change and Sustainable Development Water Management Recycling and Waste Management Significant Air Emissions Material Sustainability in ITC’s Businesses

52

Product Responsibility GRI Index Annexures

Management 54 Approach Policies and 62 Guidelines Memberships and 71 Affiliations Independent 76 Assurance Statement 80 Self-declaration on Application Level

ITC : AN EXEMPLAR IN TRIPLE BOTTOM LINE PERFORMANCE

02 TRIPLE BOTTOM LINE

ENVIRONMENT
WATER POSITIVE: 10 YEARS IN A ROW CARBON POSITIVE: 7 CONSECUTIVE YEARS SOLID WASTE RECYCLING POSITIVE: FOR THE LAST 5 YEARS IRRIGATING 98,000 HECTARES ITC’s Watershed Development initiative brings precious water to over 98,000 hectares of moisture-stressed areas

SOCIAL
CREATING OVER 5 MILLION SUSTAINABLE LIVELIHOODS CREATING COMMUNITY ASSETS Strengthening the agri production base of nearly 4 lakh farmers

ECONOMIC
$ 35 BILLION MARKET CAPITALISATION $ 7 BILLION TURNOVER TOTAL SHAREHOLDER RETURNS OF 26% PER ANNUM 29,000 EMPLOYEES ITC Group provides direct employment to over 29,000 people

EDUCATING 3,00,000 CHILDREN
ITC’s Primary Education initiative has educated over 3,00,000 children

38% RENEWABLE ENERGY
More than 38% of ITC’s total energy consumption is from renewable sources

EMPOWERING 4 MILLION FARMERS
ITC’s globally acknowledged e-Choupal initiative is the world’s largest rural digital infrastructure benefitting over 4 million farmers

GREENEST LUXURY HOTEL CHAIN IN THE WORLD
All ITC premium luxury hotels are LEED Platinum certified

ITC’S NEW ICONIC HOTEL - ITC GRAND CHOLA IS THE WORLD’S LARGEST LEED PLATINUM GREEN HOTEL 1,38,000 HECTARES GREENED ITC’s Social and Farm Forestry initiative has greened over 1,38,000 hectares

40,000 SUSTAINABLE LIVELIHOODS FOR RURAL WOMEN
ITC’s Women’s Empowerment initiative has created nearly 40,000 sustainable livelihoods

POWERING GROWTH WITH MULTIPLE BUSINESS DRIVERS
Diversified multi-business conglomerate spanning FMCG, Hotels, Paperboards & Packaging, Agri Business and Information Technology

ANIMAL HUSBANDRY SERVICES TO 5,00,000 MILCH ANIMALS
ITC’s Livestock Development initiative has provided animal husbandry services for nearly 5,00,000 milch animals

ITC conferred the prestigious ‘World Business and Development Award 2012’ at the Rio+20 UN summit for its Social and Farm Forestry Initiatives Figures in this section are as on October 2012 SUSTAINABILITY REPORT 2012 03

ITC’S VISION AND STRATEGY
This is the 9th consecutive year of its publication. As in earlier years, the Report conforms to the stringent ‘G3’ guidelines of the Global Reporting Initiative (GRI) at the highest ‘A+’ level. It is also independently validated by M/s. Ernst & Young Pvt. Ltd. A transparent and voluntary disclosure, the ITC Sustainability Report presents the Triple Bottom Line performance of the Company. The Report encapsulates ITC’s vision, strategy and action in contributing to building a sustainable, inclusive and secure future for the larger Indian society. This year, ITC was honoured with yet another global recognition for its...
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