MEDIA RELEASE PR37503
Top Rankings for ITC in Asian Sustainability Rating
KOLKATA, Dec. 9/ PRNewswire-AsiaNet/--
ITC Ltd ranked 2nd among top companies in India and 7th in
Asia in the first of its kind Asian Sustainability Rating (ASR(TM)) released
by CSR Asia recently.
The ASR(TM) is CSR Asia's proprietary research, which ranks
the 200 largest listed companies in ten markets operating in Asia Pacific on
their sustainability disclosure. The ten countries included in the ASR(TM)
are: Australia, China, Hong Kong, India, Japan, Malaysia, Pakistan,
Philippines, Singapore and Thailand.
In a world where transparency and accountability are
increasingly important, this is the first Asian based analysis of the largest
companies in the region, allowing investors and other stakeholders to
understand the economic, social and governance activities of listed
companies. 51 indicators were used to score each of the companies under six
indicator section headings which included Governance and Policy; Strategy and
Communication; Marketplace and Supply chain, Workplace and people,
Environment & Community and Development.
ITC's extensive Sustainability initiatives have contributed to creating
livelihoods for more than 5 million people. These endeavours are exemplified
in large scale projects such as the ITC e-Choupal initiative which empowers 4
million farmers, its social and farm forestry programme that covers over
100,000 hectares and integrated watershed development projects that provide
irrigation to over 47,000 hectares. ITC's initiatives in the catchment areas
of its operations also include the creation of sustainable livelihoods
through programmes such as animal husbandry covering over 3,00,000 lakh milch
animals. ITC's supplementary education programme has benefited over 2,00,000
lakh children and the Company's women empowerment initiative has helped in
creating over 20,000 rural women entrepreneurs.
The Company's strategic choice to achieve triple bottom line performance
has also enabled it to become the only company in the world of its size to be
`Carbon positive' sequestering twice the carbon it emits, Water positive'
harvesting two times more rainwater than its net consumption and Solid waste
recycling positive.
The Asian Sustainability Rating details are available at :
For details on ITC's Sustainability Initiatives, log on to :
Contacts: Mr Nazeeb Arif, Vice President-Corporate Communications ITC Ltd
+91-(0)33-22880329
Source: ITC LIMITED
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