Itc Sustainability Report 2012
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
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