Sustainability Challenges | Supply Chain Management

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Key Impacts, Risks and Opportunities: Sustainability Challenges

Supply Chain Management

Our supply chain comprises a large number of small-scale partners. Many of them operate under limiting circumstances in terms of their ability to invest in efficient technologies and their necessity to rely on labour intensive practices. It will be important to integrate the Triple Bottom Line approach amongst the supply chain for long-term competitiveness by adopting a balanced approach towards creation of livelihoods and economic viability of the small scale units.

ITC’s Initiatives

The Company’s engagement with the supply chain will be extended in a structured and phased manner.

ITC has mandated some of its suppliers to comply with external certifications such as ISO 14000.

Efforts have been made to engage with our suppliers to enable reduction in specific energy consumption.

ITC is progressing on the Life Cycle Analysis of its products and services to identify risks and opportunities along the entire value chain, which would necessitate larger interventions with our supply chain.

Addressing Issues Related to Employee Safety

Given India’s favourable demographic dividend, it is evident that a large pool of India’s youth is joining the workforce every year. The presence and participation of a large young pool of man power makes it critically important for an organisation to address issues related to accidents and safety. While we are progressing steadily towards our target of zero accidents within our premises, we cognise that accidents outside the workplace are on the rise in India given issues such as the steady proliferation of 2 wheelers on the roads, which are rendered unsafe due to poor conditions and inadequate infrastructure.

ITC’s Initiatives

While we have introduced a number of safety measures in our Units and have achieved international benchmarks in safety standards, we have witnessed an increase in the spate of road accidents amongst our young employees. We have designed and implemented specific programmes to address the issue of road accidents, which have begun to show tangible benefits.