ITC Limited

Report and Accounts 2010   

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Sustainability Updates

In an effort to identify and recognise Indian businesses for their exemplary sustainability performance, the Centre annually presents CII-ITC Sustainability Awards. 84 companies competed for the Awards in the year 2009.

The Centre focused on the themes of Clean, Green Infrastructure; Biodiversity; Climate Change and Sustainable Lifestyles through its quarterly magazine, ‘Sustainability Tomorrow’.

The annual flagship event from the Centre, ‘Asia Sustainability Summit’ was held in November 2009, with the theme ‘Winning Strategies for a Sustainable World’, with specific focus on elements of green economy, climate change, technology development and application, corporate governance and sustainable tourism. It was attended by over 500 stakeholders, representing diverse sectors.

The Centre, in December 2009, released the Carbon Disclosure Project Report 2009 - India 200. It shares interesting and significant insights for the industry to integrate long-term value and cost of climate change. The CDP process has led many companies to adopt a climate change strategy, including emission reduction targets.

In order to reiterate the need for strong governance focusing on fairness, transparency, accountability, and responsibility as a vital element for business growth as well as for inclusive growth of the economy, the CII-ITC Centre of Excellence for Sustainable Development organised the ‘National Conference on Inclusive & Responsible: The Next Face of India Inc.’ in March 2010, which deliberated and focused on two very specific aspects, i.e. Mainstreaming Voluntary Reporting & Disclosures and Creating Markets for Inclusive Business.

 
   
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