Transforming Lives and Landscapes PDF
Preview Transforming Lives and Landscapes
Transforming Lives and Landscapes The only company in the world to be carbon positive, water positive & solid waste recycling positive ITC’s businesses create around 6 million sustainable livelihoods Contents � Page Leaderspeak � 1 ITC’s Triple Bottom Line Contribution � 2 ITC: An Exemplary Indian Enterprise � 4 ITC’s Businesses� 6 ITC’s Exemplary Sustainability Initiatives � e-Choupal� 10� Afforestation� 12� Soil & Moisture Conservation � 14� Livestock Development � 16� Women Empowerment� 18� Primary Education� 20� Skilling & Vocational Training � 22� Health & Sanitation� 24 ITC’s Environmental Stewardship� Pioneering the Green Building Movement in India� 26� ITC Hotels: � Trailblazer in Responsible Luxury �� 28� Renewable Energy � 30� Well-being Out of Waste� 32 ITC: Creating Enduring Institutions�� ITC Sangeet Research Academy� 34� CII-ITC Centre of Excellence � for Sustainable Development� 35 � Awards & Recognitions 36 Leaderspeak It has been our resolve to build an exemplary Indian that would create enduring value for our country. An organisation that would adopt the credo of putting ‘‘enterprise ‘India First’ – keeping Country before Corporation and the Institution before the Individual. Over the years, the patriotic sense of ‘India First’ has grown into a full-blown aspiration to be a National Champion subserving the country’s larger priorities. This is not only manifest in the creation of worldclass Indian brands, but also in the Triple Bottom Line goals of the Company to nurture larger societal value. The need to sustain global competitiveness in economic value creation, whilst simultaneously creating larger societal value, has led to innovation in business models that seek to synergise the Y C Deveshwar building of economic, ecological and social capital as a Chairman, ITC Limited unified strategy. A new paradigm of growth is today called for – an integrated Triple Bottom Line approach that builds competitiveness whilst at the same time ensuring that the environment is nourished and large-scale sustainable livelihoods are created. I call this new paradigm ‘Responsible Competitiveness’, which to my mind is a pre-requisite to creating a more sustainable future. of Tomorrow’ can bring in transformational change by making societal value creation a conscious strategic decision and not one that banks on corporate ‘‘‘Enterprises conscience alone. ITC has always believed that businesses possess unique strengths to make a larger contribution to society. If the creative and innovative energies that businesses employ to create world-class products and brands are leveraged to deliver social initiatives that serve a larger national objective, it can have a transformative impact on society. It is this belief that has spurred ITC to craft innovative strategies that orchestrate a symphony of efforts aimed at enriching the environment, creating sustainable livelihoods, empowering local communities and addressing the challenge of climate change. 1 Sanjiv Puri CEO and Executive Director, ITC Limited ‘‘ ‘‘ ITC’s Triple Bottom Line Contribution E C O N O M I C E N V I R O N M E N T A L S O C I A L 2 Turnover : Over US $ 8 billion Market Capitalisation : Total Shareholder Returns CAGR (21 years) : 23.6% Over 200 Factories (as in March 2017) Contribution to Exchequer : Nearly 75% Livelihoods generated : Around 6 million Solid Waste Recycling Positive : 10 years All ITC Hotels are Over 48% Nearly US $ 55 billion of value-added Carbon Positive : Water Positive : 12 years 15 years Renewable Energy : 22 Platinum Rated of total consumption Green Buildings e-Choupal : Afforestation : Over 4 million Over 6,20,000 farmers empowered acres greened Livestock Development : Women Empowerment : Over 15,00,000 Nearly 55,000 milch animals covered rural women benefitted LEED Platinum Certified Green Buildings Watershed Development : Over 8,22,000 acres Primary Education : Nearly 5,25,000 children benefitted Skilling & Vocational Training : Health & Sanitation : Over 46,000 Over 25,000 youth benefitted toilets built 3 ITC: An Exemplary Indian Enterprise ITC is inspired by its Vision to serve larger national priorities. A Vision that is manifest in its credo of “Country before Corporation and Institution before Individual”. A commitment that drives extreme business competitiveness, whilst making societal value creation a core purpose of business. At ITC, we call this ‘Responsible Competitiveness’. That is why we measure ourselves by our contribution to the Triple Bottom Line. Creating larger economic value through multiple drivers of growth, enriching environmental resources and generating millions of livelihoods. Achieving global distinction as the only Company in the world to be Carbon Positive, Water Positive and Solid Waste Recycling Positive. Generating 6 million livelihoods for many who represent the weakest in society. Spearheading environmental stewardship by addressing climate change challenges with over 48% of its energy generated from renewable sources; by pioneering the concept of Responsible Luxury in ITC Hotels; by providing leadership to the green building movement in India; and by large scale afforestation and watershed development. Investing in India’s future through globally benchmarked R&D; by building national assets in manufacturing and hospitality and by creating competitive value chains that benefit millions in rural India. Powered by the creation of world-class Indian brands that create, capture and retain more value in the country to enable sustainable and inclusive growth. 4 ITC’s Exemplary Sustainability Initiatives ITC e-Choupal Afforestation Soil & Moisture Conservation Livestock Development Women Empowerment Primary Education Skilling & Vocational Training Health & Sanitation ITC’s Environmental Stewardship ITC Hotels: Trailblazer in Responsible Luxury Renewable Energy Pioneering the Green Building Movement in India Well-being Out of Waste ITC: Creating Enduring Institutions ITC Sangeet Research Academy 5 CII-ITC Centre of Excellence for Sustainable Development ITC’s Businesses Fast Moving Consumer Goods : India’s Leading Marketer Branded Packaged Foods Personal Care Products Cigarettes Lifestyle Retailing Business Education and Stationery Products Incense Sticks (Agarbattis) and Safety Matches Branded Packaged Foods 6 ITC’s Businesses Personal Care Products Education and Stationery Products Lifestyle Retailing Business Incense Sticks (Agarbattis) and Safety Matches 7 ITC’s Businesses Agri Business : Pioneer in Rural Transformation Paperboards & Packaging : India’s Market Leader 8
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