Greenhouse Gases and Carbon Sequestration

The greenhouse gas (GHG) inventory of ITC for the year 2016-17 compiled as per the ISO 14064 standard, has been assured, as in the earlier years, at the highest 'Reasonable Level' by a third party assurance provider. During the same period, ITC was determined as having achieved 'Leadership' position in the Climate Change disclosure of CDP. The CDP Global Climate Change Report 'Out of the Starting Blocks', has commended the Company for decoupling emission growth with financial growth (having reduced 10% or more GHG emission over five years while simultaneously growing revenue by 10%).

Reaffirming ITC's commitment to the ethos of 'Responsible Luxury', all luxury hotels of ITC are LEED® Platinum certified, making it the 'greenest luxury hotel chain' in the world. In order to continually reduce ITC's energy footprint, green features are integrated in all new constructions and also incorporated in existing hotels, manufacturing units, warehouses and office complexes. ITC's Social and Farm Forestry initiatives enabled sequestration of over twice the amount of Carbon Dioxide emitted by its operations. Besides mitigating the impact of increasing levels of GHG emissions in the atmosphere, these initiatives help greening degraded wasteland, prevent soil erosion, enhance organic matter content in soil and enable ground water recharge.