University Of Petroleum and Energy Studies
Sustainability Report : ITC LIMITED
MBA (ISM) 2012-2013
and solid waste recycling positive (for 4 years). carbon positive (for 6 years).Deveshwar
ØIt is a matter of great satisfaction that ITC’s focus on creating larger societal value has enabled its businesses to generate sustainable livelihood opportunities for over 5 million people. ØThe only enterprise in the world of comparable size to have achieved and sustained the three global environmental distinctions of being water positive (for 9 years).Y.Words From The Chairman : Mr.C. many of whom represent the weakest sections of society.
Ø ØTowards a Low Carbon Growth Path and a Cleaner Environment.
. Ø ØEmbedding Sustainability in Business Strategy. Ø ØBuilding Capacities : Investing in Social Development. Ø ØGeared for tomorrow : Sustainability for enduring competitiveness.ØGlobal Challenges : Redefining Role of Business.
.ØITC will continue to engage with policy makers through industry associations to enable a balanced regulatory and fiscal framework that addresses the challenges of the cigarette industry. new technologies and proven internal competencies. ØIt has been ITC’s strategic intent to create multiple drivers of growth by building a portfolio of world-class businesses leveraging enterprise strengths.
ØITC through its e-Choupal network has piloted a number of convergence programs which will progressively transform the e-Choupal network into an all weather venture. ITC’s e-Choupal is gearing up to provide a new spectrum of personalized agri advisory services. Choupal Haats have been established for raising product awareness. For eg. demonstration and brand marketing and targets availability of quality FMCG products in rural India. Analytical tools are being designed to upload data through mobile phones to provide individualised services to farmers. which leverage the spread of mobile telephony.ØITC will continue to engage with policy makers through appropriate for a balanced and pragmatic framework that addresses the unique requirements of India’s agri-sector and its farmers. ITC’s Agri Business ensures farmer empowerment through its extension work in crop development and sustainable agricultural practices. relatively de-risked from regulatory uncertainties and market volatility. ØRecognizing the fast evolving needs of rural India.
ØITC’s response has been to adopt a three-pronged strategy that includes the following: 1.
. ØAs a part of its low carbon growth strategy. water conservation and solid waste recycling. ØITC’s Afforestation Programe has greened nearly 1. ITC has established iconic green buildings which have set benchmarks in energy efficiency. 2. Reducing the environmental impact of our processes.14. ØProtection of our assets have been reinforced in the coastal areas in anticipation of increased severity of storms and cyclones which may occur. Creating Sustainable Livelihoods and promoting sustainable agricultural practices. Identify and evaluate climate change risks for each business. 3. products and services and work towards creating a positive environmental footprint. All premium luxury Hotels of ITC are LEED Platinum certified. ØITC has expanded its renewable energy portfolio and more than 35% of our energy consumption is met from renewable sources.000 hectares and has led to large scale carbon sequestration besides creating over 51 million person days of employment.
Rural communities are provided help and support to adopt sustainable practices that enable them to be economically competitive and socially secure. augment and manage their social and environmental capital. by its Watershed Development Initiative.
.000 milch animals.000 rural women.000 hectares of wastelands.47. (f) Benefited over 2. (d) Provided Animal Husbandry services to nearly 5. creating as a result. ØITC’s social development Initiatives have: (a) Benefited over 4 million farmers in 40.000 hectares of dry lands. (b) Greened nearly 114.00.000 villages through the e-Choupal rural digital infrastructure. by the Social and Farm Forestry programme. (c) Irrigated over 64. over 51 million person days of employment. (e) Created sustainable livelihoods for over 37.ØThe overarching aim of the Company’s social investments is to empower rural communities to conserve.000 children through its Supplementary Education programme.
Ø ØEfforts have been made to engage with our suppliers to enable reduction in specific energy consumption. ØITC has mandated some of its suppliers to comply with external certifications such as ISO 14000. which would necessitate larger interventions with our supply chain.ØThe Company's engagement with the supply chain will be extended in a structured and phased manner.
. ØITC has also commenced work on Life Cycle Analysis of its products and services to identify risks and opportunities along the entire value chain.
we have witnessed an increase in the spate of road accidents amongst our young employees. We have designed and implemented specific programs to address the issue of road accidents.
.ØWhile we have introduced a number of safety measures in our Units and have achieved international benchmarks in safety standards. which have begun to show tangible benefits. which are rendered unsafe due to poor conditions and inadequate infrastructure. While we are progressing steadily towards our target of zero accidents within our premises. it is evident that a large pool of India’s youth is joining the workforce every year. we cognize that accidents outside the workplace are on the rise in India given issues such as the steady proliferation of 2 wheelers on the roads. The presence and participation of a large young pool of man power makes it critically important for an organization to address issues related to accidents and safety. ØGiven India’s favorable demographic dividend.
ITC is powering growth with the multiple business drivers: ØFMCG -Branded packaged goods -Personal care products -Cigarettes -Lifestyle Retailing -Education and stationary products. specialty papers and Packaging. Ø ØAgri Business Ø ØInformation Technology
. -Incense Sticks(Agarbattis) -Safety Matches ØHotels Ø ØPaperboards .
The practice of Corporate Governance at ITC takes place at three interlinked levels:
ITC’s Corporate Governance processes are designed to support effective management of multiple businesses while retaining focus on each one of them.
Highest tax payer in eastern India and amongst the top tax payers in the country. ØDirect Taxes .Economic Performance
Turnover and contribution to the National Exchequer
ØContribution to the exchequer . ØExcise Payments .7% of the Country's total collection.
.74% of the Value Added.
Return on Capital Employed
.Raw Materials Consumed
Financial Assistance from the govt.
ØCigarettes and Hotels Businesses. ØWaste wood biomass from chipping operations. ØLocally sourced chip/sawdust and deoiled branas boiler fuel in Kovai. ØWind Energy farms for Packaging & Printing. ØSolar thermal systems for preheating boiler feed water and canteen hot water in a number of our Units.
Renewable Energy Utilization And Sources
ØBlack liquor waste from pulping process in the Bhadrachalam Paperboards Unit.
Energy Consumption Within Businesses across ITC
ITC is Enlarging it’s carbon positive Footprint
Water Management Stewardship
ØWater Conservation Ø Ø ØZero Effluent Discharge Ø Ø ØWater Positive Footprint Ø Ø ØWater Availability
Water Balance at ITC
.Recycling and Waste Management
ØResource Conservation Ø Ø ØSegregation at source Ø Ø ØTowards 100% recycling Ø Ø ØCreating a positive environmental footprint.
Business wise break up of wastes generated
Material Sustainability in ITC's Businesses
ITC Software is an advanced information technology solutions provider. ØWith over 4. to cutting-edge custom software development an maintenance services in most industry verticato the turnkey establishment of Offshore IT Centers. Europe. and commercial software development projects.047 software engineers in the Americas.
. ITC Software’s services range from research & development in finance bioinformatics and FEA engineering. and a hoof world-renowned scientists at. inter alia. focused on t global commercial and scientific markets. Russia and Asia. ØITC Software has won numerous internation awards and its centers are ISO 9001:2000 certified and CMMI level 4 pre-certified. Harvard and MIT. Pricing is extremely competitive for both complex scientific applications such as bioinformatics and biomechanics.
encryption and access control software and Magic Secure.gives ITC Software a strong competitive advantage over other solution providers. The flagship product is BeanExplorer . round-the-clock productivity. Other products include: MGL3.ØProducts and services
ITC Software provides a range of commercial and scientific products and applications development services. Smartkey Plus+. a Java library for processing. best practices – all for some of the best rates in the industry .
. S4 Enterprise that provides desktop protection.
High quality. a PC security device for identifying fingerprints. analysis and visualization of biological data . extensive expertise. an advanced Java application development tool for increasing the productivity of software developers. software license manager.
financial and stock market applications Speech.Commercial solutions
e-learning applications e-catalogs and marketplaces CRM applications and integration ERP applications and integration B2B and B2C applications and integration XML and proprietary frameworks Low level assembler programming Device drivers for Win32 and Unix systems DSP applications Banking. prognosis and modeling applications based on neural networks. genetic algorithms and fuzzy algebra
. video. audio processing and compression Security and encryption applications Real-time processing applications
Algorithm development Bioinformatics and annotation Biomechanics Biological system simulations Database development Data mining Finite Element Analysis Machine learning Visualization applications Analysis.