ITC Corporate Governance and

CSR
Corporate Governance
Corporate scenario:
• Diversified multi-business corporation.
• To address each business uniqueness and its unity of
purpose.
• Freedom of executive management in a globally
competitive context.
Purpose
• To enhance wealth generation capacity.
• To enable companies meet stakeholders aspirations and
societal expectations.
Core principles
• Executive freedom for management.
• To be exercised with in framework of effective
accountability.
 
Board of
Directors

Assurance on
internal control
Compensation terms and financial
Audit
for Executive Directors disclosure.
Compensatio and Senior most level . Committee
n Committee  Investor
Executive Investor grievance, Sub-
Directors service division of
committee shares, Issue of
 To review, monitor
Sustainabilit duplicate shares.
Non- and provide strategic
y Committee directions to Nomination
Executive Committee
sustainability practices  Nomination
Directors towards fulfilling triple for CMC and
bottom line objectives. Board
Executive • Contribute to the strategic management of
company’s businesses.
Director • Assume overall strategic responsibility for its
performance.
• At least one in a month to review
divisional performance and related issues.
ITC CSR -Let’s put India first
CSR oriented towards Agricultural Development and
Rural Empowerment
Rural development by linking knowledge and
technology transfer for creation of economic and
social capacity
Providing market linked solutions and innovations
that more effective and sustainable than capital
intensive approaches
Reasons
Agro-based company.
Dependency of rural population.
Choice of path less travelled.
The Triple Bottom-line objective.
Initiatives
Milestones
ITC CSR Milestones
e - Choupal 4 million farmers empowered
6,500 e - Choupals installed
Social & Farm Forestry 114,428 hectares greened,
generating 51.48 million person - days of
employment
Watershed Development 56,951 hectares brought under soil and
moisture conservation
Women's Empowerment 15,378 women members
1183 self - help groups
Livestock Development 176 Cattle Development Centres
3,520 villages covered annually
Primary Education 252,329 children covered through 2,334
Supplementary Learning Centres
Presented by-
Aravind K K
Parvath M
Ravikiran
Binod Kumar