Transforming Lives and Landscapes

The only company in the world to be carbon positive,

water positive & solid waste recycling positive

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.

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.

Y C Deveshwar
Chairman, ITC Limited

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.

ECONOMIC

ENVIRONMENTAL

S O C I A L

An Exemplary Contribution to the Triple Bottom Line

A growing portfolio of businesses encompassing FMCG, Paperboards & Packaging, Agri & Foods Business, Hotels and Information Technology. A turnover of over US $ 7 billion and a market capitalisation of nearly US $ 35 billion. Total Shareholder Returns, measured in terms of increase in market capitalisation and dividends, grew at a compound rate of 26% per annum over the last 15 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 more than 29,000 people.

ITC has been Carbon Positive seven years in a row ( sequestering / storing twice the amount of CO2 that the Company emits ). Water Positive for ten consecutive years ( creating over two times more Rainwater Harvesting potential than ITCs net consumption ). Solid Waste Recycling Positive for the last five 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 e-Choupal initiative is the worlds largest rural digital infrastructure benefiting over 4 million farmers. ITCs Social and Farm Forestry initiative has greened over 1,25,000 hectares, creating over 56 million person-days of employment among the disadvantaged. ITCs Watershed Development initiative brings precious water to over 90,000 hectares of drylands and moisture-stressed areas. ITCs Sustainable Community Development initiatives include womens empowerment, supplementary education, integrated animal husbandry programmes.

The World of ITC

As ITC enters its second century, its Vision remains unchanged to sustain its position as one of Indias most admired and valuable companies. The years to come will be a continuing journey of embracing national imperatives as business goals; of creating superior value for all stakeholders; of meeting societal expectations; of pursuing the triple bottom line; of becoming a global player with cutting-edge technology, contemporary products & processes and world-class human capital. ITCs journey of the next hundred years will be powered by its Vision and Values and driven by its Vitality. Each of its businesses is a business of tomorrow from the inclusive FMCG to the exclusive Hotels; from the environment exemplar Paper & Paperboards to the contemporary Packaging innovator; from the pioneering Agri-business to the fast growing Information Technology. With its ambitious portfolio of businesses, its enormous talent pool and its enviable consumer franchise, ITC is poised at the frontline of Indias economic evolution. As India transforms into a formidable powerhouse, ITC will occupy its rightful place as the nations premier corporate showpiece.

FMCG
Branded Packaged Foods Personal Care Products Cigarettes & Cigars Education & Stationery Products Lifestyle Retailing Agarbattis & Safety Matches

Creating world-class Indian brands

Paperboards & Specialty Papers

An icon of environmental stewardship

Packaging & Printing

Indias largest convertor of paperboards into packaging

Agri Business

Pioneering rural transformation

Hotels

The greenest luxury hotel chain in the world over 90 hotels in nearly 70 destinations in India

Information Technology

One of Indias fastest growing mid-tier IT companies

R&D

Creating tomorrows game changers

e-Choupal rural digital-physical infrastructure

ITCs globally awarded e-Choupal initiative is a powerful illustration of a unique business model that delivers large societal value by co-creating rural markets with local communities. The e-Choupal digital infrastructure enables even small and marginalised farmers in rural India, who are de-linked from the formal market, to access relevant knowledge, market prices, weather information and quality inputs to enhance farm productivity, quality and command better prices making them more competitive in the national and global markets. Customised agri-extension services and farmer training schools through a focused programme Choupal Pradarshan Khet enable farmers to access best practices in agriculture and improve productivity. Together, the digital-physical-human infrastructure has led to the creation of an efficient two-way channel raising farmer incomes and productivity, transforming rural communities into vibrant markets.

ITCs e-Choupal worlds largest rural digital infrastructure

Empowering over 4 million farmers

Social & Farm Forestry

ITC procures wood pulp for its Paper and Paperboards business from renewable plantations cultivated by tribals and farmers on their private wastelands. ITC invested in extensive R&D to create clonal saplings which apart from being disease resistant, grow much faster and in harsher conditions. A large number of tribals and marginal farmers have benefited by growing these pulpwood saplings on their private wastelands. ITCs paperboards business is a willing buyer of their produce, whilst the growers are free to sell to the highest bidder in the open market. ITC could have taken the easier route by importing pulp, rather than a more difficult route of mobilising tribals and marginal farmers which involved long gestation and substantial investment exposure. However, the adoption of this more challenging route has not only created a source of sustainable livelihoods for a large number of disadvantaged sections of society, but has also brought a multiplicity of benefits by creating a large green cover that contributes significantly to groundwater recharge, soil conservation and carbon sequestration. Recently, ITCs social forestry project in Andhra Pradesh was registered under the Clean Development Mechanism of the United Nations Framework Convention on Climate Change. The carbon credits earned will also be shared with the tribals and farmers, enabling them to participate in an international carbon market mechanism.

ITCs Afforestation Programme

Greening over 1,25,000 hectares & providing over 56 million person -days of employment

Integrated Watershed Development

Recognising the vital role that irrigation and water play in the rural economy, ITC supports the creation of watershed projects in water-stressed areas, providing precious water resources for agriculture, rural communities and livestock. Based on a participatory approach that involves local communities, the programme facilitates building, reviving and maintaining water harvesting structures as well as management of water resources to reverse land degradation, provide critical irrigation and increase agricultural productivity.

ITCs Watershed Development Programme

Irrigating over 90,000 hectares of dryland

Livestock Development
ITCs livestock development programme assists rural households to upgrade livestock quality through cross-breeding by artificial insemination to boost milk productivity by a factor of 6 -9 times, leading to a threshold increase in household incomes and thereby an improvement in their poverty status. Currently, these initiatives reach out to over 8,200 villages in 6 states.

ITCs Livestock Development Initiative

Animal husbandry services to nearly 5,00,000 cattle

Womens Empowerment
ITCs initiatives provide sustainable economic opportunities to poor women in rural areas by assisting them to form microcredit self-help groups that enable them to build up small savings and finance self-employment and micro-enterprises. A large number of women earn income as self-employed workers or as partners in micro-enterprises. The programme has demonstrated that extra income in the hands of women leads to significant and positive changes in human development since it is spent largely on childrens education, health and nutrition, and is a catalyst for gendering development.

ITCs Womens Empowerment Initiative

Economically empowering nearly 40,000 women

Providing Supplementary Education

ITCs Supplementary Learning Centres offer additional coaching that backs up school learning, stemming drop-outs and enabling more children to complete school. ITC also supports outreach projects, including mobile libraries that foster the reading habit and a roaming laptop programme that promotes computer skills and interactive learning.

ITCs Primary Education Initiative

Educating nearly 3,00,000 rural children

ITC Green Centre

Providing leadership in positive environmental action, the ITC Green Centre in Gurgaon, certified by the US Green Building Council for Leadership in Energy & Environmental Design (USGBC-LEED) is one of the first and largest commercial Platinum Rated buildings in the world, continuing to provide inspiration to the green buildings movement in India. Hillary Rodham Clinton, US Secretary of State, on her first official trip to India in 2009, visited the Green Centre and called it a monument to the future. Recently ITC Green Centre was re-certified as the worlds highest rated Platinum certified green building by the US Green Building Council.

ITC Green Centre

Leading the way in Positive Environmental Action

ITC Hotels the worlds Greenest Luxury Hotel chain

ITC has redefined the fine art of hospitality in myriad ways through its hotel chain that spans a network of over 90 hotels in nearly 70 locations. The groups super-premium luxury hotels the iconic ITC Hotels not only offer unmatched hospitality but have also set new standards of excellence in cuisine, guest experiences and environmental performance. The worlds first and largest green hotel chain, ITC Hotels signature properties have created new benchmarks in responsible hoteliering to deliver a unique value proposition christened Responsible Luxury a philosophy of sustainable hospitality that integrates international green best practices with contemporary design, harnessing every element of nature in an inspired setting to create a footprint that contributes to being planet positive. Every ITC Luxury Hotel is LEED Platinum Rated Today, all ITC Hotels are certified green buildings, having received the US Green Building Councils prestigious LEED Platinum rating, further reinforcing their commitment to perform to the highest standards of energy, water and waste efficiency. Responsible Luxury is indeed the soul of ITC Hotels exemplified by its own carbon, water and waste sensitive operations and by its contributions to ITCs larger social investments in afforestation, water harvesting and waste recycling, providing sustainable livelihoods to many.

ITC Hotels

Redefining Hospitality with Responsible Luxury

WoW Wealth out of Waste

In line with its commitment to creating larger environmental and societal value through collaborative action, ITC launched its Wealth out of Waste (WoW) initiative a few years ago to promote resource conservation and recycling. WoW creates awareness about the importance of Reduce-Reuse-Recycle in protecting and restoring the environment among the general public, school children, corporates and people from every walk of life. It also inculcates the habit of source segregation and provides recyclables for a number of industries, eg. paper, glass, plastic, etc. Today WoW is operational in Hyderabad, Chennai, Bangalore, Cochin, Coimbatore, Trichy, Erode and Madurai. Over 3 million citizens, 5,00,000 school children, 350 corporates, more than 1,000 commercial establishments and about 200 industries across South India are supporting WoW , which helps augment green cover, conserves scarce natural resources, makes surroundings clean and healthy and creates livelihood opportunities for underprivileged people.

ITCs Wealth out of Waste (WoW) Initiative

Creating a Positive Environmental Footprint through Waste Recycling

Renewable Energy at ITC

ITC has adopted a conscious strategy to lower its carbon footprint, which has brought immense benefits. Currently, renewable sources and carbon neutral fuels provide more than 38% of the Companys total energy consumption. In keeping with its commitment to utilise an increasing component of renewable energy, ITC has set up a 14 MW wind energy facility to provide power to the Companys packaging unit in Chennai. It has also recently commissioned a 21 MW plant in Karnataka and a 2.5 MW plant in Rajasthan. Additional investments in wind energy are also being made to supplement the power requirements of ITC Hotels in Mumbai and Chennai.

Empowering the differently abled

When provided with opportunities to work and become self-sufficient, people who are differently abled can contribute to the workplace, their families and the community. ITCs Hotels Division has taken a positive step in this direction by employing differently abled people across their hotels. Committed to the principle that everyone should be treated with sensitivity and empathy, ITC Hotels has created models which have been effective and have succeeded in sensitising other employees to the needs of those differently abled. Keeping in mind their specific skills, over 100 differently abled people have been employed in diverse functions like housekeeping, teleworking, bakeries and as musicians. Special badges for the visually impaired, whistles for hearing impaired employees to use in an emergency and sign language classes for the other staff to communicate with them are just a few examples of how ITC Hotels has created an atmosphere of sensitivity and caring. For its substantial contribution to the cause of promoting employment opportunities for differently abled people over an extended period of time, the NCPEDP Shell Helen Keller Award was conferred on ITC Hotels.

Select National & Global Recognition for ITCs Sustainability Initiatives

World Business and Development Award 2012 for ITCs Social and Farm Forestry Programmes, presented at the Rio +20 United Nations Summit Global Leadership Award conferred on Mr Y C Deveshwar, Chairman, ITC Limited, by the US-India Business Council of the US Chamber of Commerce SAM/SPG Sustainability Leadership Award conferred on Mr Y C Deveshwar, Chairman, ITC Limited FICCI Outstanding Vision Triple Impact Corporate Award, presented by the Honble Prime Minister of India, Dr Manmohan Singh FICCI Award for Outstanding Achievement in Rural & Community Development, presented by the Honble Finance Minister of India, Shri Pranab Mukherjee Development Gateway Award for e-Choupals contribution to Information & Communication Technologies for Development Inaugural World Business Award in recognition of ITCs significant efforts to create sustainable livelihood opportunities and enduring wealth in a developing country

Stockholm Challenge Award for the e-Choupal initiative TERI Corporate Social Responsibility Award UNESCO-Water Digest Corporate Social Responsibility Crown Award for Water Practices TERI Corporate Social Responsibility Award for the 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 Readers Digest Pegasus Award for Corporate Social Responsibility UNIDO Award at the International Conference on Sharing Innovative Agribusiness Solutions NASSCOM Social Innovation Honour for ITCs Social & Farm Forestry Programme 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

ITC Limited one of Indias most valuable corporations

ITC is one of Indias foremost private sector companies and a successfully diversified Indian conglomerate with leadership status in FMCG, Hotels, Paperboards and Packaging, Agri Business and a strong presence in Information Technology.

September 2012 ShapeOnTheNet.com