Climate Smart Agriculture aims to de-risk farmers
The program concentrates on promoting high-yielding and climate-resilient crop varieties, adopting suitable mechanisation practices
image for illustrative purpose
New Delhi ITC, a diversified Indian conglomerate, has released its Sustainability and Integrated Report 2023 titled "Shaping the Future".
In his message, ITC Chairman Sanjiv Puri reiterated the significant role businesses must play in shaping a greener and cleaner future for the world.
This report marks two decades of sustainability reporting for ITC.
The company’s innovative business models have positioned it as the sole enterprise worldwide, comparable in size and scope, to have achieved and maintained the three crucial global environmental sustainability indices.
These indices include being 'water positive' for 21 years, 'carbon positive' for 18 years, and 'solid waste recycling positive' for 16 years.
By adhering to this approach, ITC and its various business divisions have been able to support sustainable livelihoods for over six million individuals.
ITC is currently acknowledged as a global leader in sustainability, thanks to its numerous accomplishments and its commitment to innovative, inclusive, and impactful initiatives.
The company has consistently maintained an 'AA' rating by MSCI-ESG for five consecutive years, solidifying its position as a sustainability exemplar on a global scale.
Furthermore, ITC has been included in the Dow Jones Sustainability Emerging Markets Index and has received an 'A-' rating at the Leadership Level for Climate Change, Supply Chain, and Water Security by CDP.
The ITC report acknowledges the prevailing state of permacrisis and uncertainty in our world today.
Referring to 2023 as the year of 'polycrisis,' the World Economic Forum has highlighted critical areas such as climate change, food and energy shortages, and more, signifying that the world is at a pivotal moment.
The recent IPCC Synthesis Report on Climate Change has warned that India is among the countries that face the highest risk from climate change related events like heat waves to cyclones and displacement. In this context, enterprises with their immense and multi-dimensional resources can play a significant role in alleviating such challenges.
ITC, inspired by its credo of "Nation First: Sab Saath Badhein", has placed sustainable and inclusive growth at the heart of its corporate strategy under the leadership of Chairman Sanjiv Puri.
With a focus on responsible competitiveness, ITC is actively pursuing Sustainability 2.0, an agenda that redefines sustainability in the face of pressing challenges like climate change and social inequity.
