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Sustainability Report 2010

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Chairman’s Statement:
ITC’s Vision and Strategy
ITC:
Organisational Profile
Certifications, Honours & Awards Report
Parameters
Governance, Commitments
& Engagements
ITC’s Triple Bottom Line GRI Index Annexures Independent
Assurance Statement
Self-declaration on Application Level
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Environmental Performance

•  ITC's Triple Bottom Line

Climate Change and Sustainable Development

Minimising Carbon Intensity and Adopting A Low Carbon Growth Path

Enlarging Our Carbon Positive Footprint

ITC operations (manufacturing & freight) generated total CO2 emissions of 1709 Kilo tonnes (KT) in 2009-2010 (1,572 KT in 2008-2009). Higher CO2 emissions were due to significant growth in most businesses and increased pulp production which substitutes imported pulp. Contributions by the new 6 MW wind energy plant and the 90 TPH bio mass residue fired boiler have been for only a part of the year and over 2010- 2011 their contribution is expected to have a much larger impact.

ITC’s social and farm forestry initiatives added 13,333 hectares of plantations during 2009-2010. Total plantations, as at March 31, 2010, now stands at 103,466 hectares. The social & farm forestry initiatives have not only provided a sustainable source of raw material for the Paperboards and Specialty Papers business, but have also helped sequester 4785 KT of CO2, provided over 46 million person-days of employment and also consolidated ITC’s status as a ‘Carbon Positive Company’ for the fifth year in a row.

Image of Graph showing CO2 Sequestered and CO2 released from the Financial Year 2003-04 to 2009-10
103,466 hectares now covered by plantations because of ITC's social and farm forestry initiatives

 

4785 KT of CO2 sequestered by ITC's farm and social forestry projects

 

ITC - a 'carbon positive company’ fifth year in a row

 

 

  «»
Chairman’s Statement:
ITC’s Vision and Strategy
ITC:
Organisational Profile
Certifications, Honours & Awards Report
Parameters
Governance, Commitments
& Engagements
ITC’s Triple Bottom Line GRI Index Annexures Independent
Assurance Statement
Self-declaration on Application Level
  
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