ITC is committed to a national agenda of raising agricultural productivity and making the rural economy more socially inclusive. The company sees no conflict between the twin goals of shareholder value enhancement and societal value creation.
Programmes, projects and activities collectively "CSR Programmes" carried out in this regard are the subject matter of this Policy. ITC practices this philosophy by not only driving each of its businesses towards international competitiveness but by also consciously contributing to enhancing the competitiveness of the larger value chain of which it is a part.
The company has been undertaking several CSR initiatives over the years and been appreciated for them globally. Some of the key initiatives taken by ITC for improvement of livelihood of disadvantaged sections of society and the reach of initiatives in mentioned in table below Initiatives.
Deveshwar calls this source of inspiration "a commitment beyond the market". Envisioning a larger societal purpose has always been a hallmark of ITC. It shall be the responsibility of the CSR and Sustainability Committee to review such reports and keep the Board apprised of the status of implementation of the same.
The CMC shall review the implementation of the CSR Programmes once a quarter and issue necessary directions from time to time to ensure orderly and efficient execution of the CSR Programmes in accordance with this Policy. ITC believes that in the strategic context of business, enterprises possess, beyond mere financial resources, the transformational capacity to create game-changing development models by unleashing their power of entrepreneurial vitality, innovation and creativity.
In his own words: ITC believes that the urgency and scale of these tasks make market linked solutions and innovations more effective and sustainable than capital intensive approaches. Such Corporate Social Responsibility "CSR" projects are far more replicable, scalable and sustainable, with a significant multiplier impact on sustainable livelihood creation and environmental replenishment.
As a corporate citizen with enduring relationships in rural India, ITC has a history of collaboration with communities and government institutions to enhance farm productivity and the rural resource base.
The question to be look forward "Is it taking the right initiatives and setting standards to follow? The challenge lies in fashioning a corporate strategy that enables realisation of these goals in a mutually reinforcing and synergistic manner.
This commitment is reflected when ITC measures accomplishments not only in terms of financial performance but also by the transformation ITC has consciously engendered to augment the social capital of the nation. In line with this belief, ITC will continue crafting unique models to generate livelihoods and environmental capital.ITC Limited Corporate Citizenship.
The case discusses ITC's CSR initiatives and focuses on its approach. The company's innovative ways and heavy investments to achieve the 'triple bottom line' are discussed.
not only in terms of financial performance but also by the transformation ITC has consciously engendered to augment the social.
ITC is today an exemplar in sustainability practices. It is the only company in the world of comparable dimensions to be 'carbon positive', 'water positive' and 'solid waste recycling positive' The Corporate Social Responsibility Crown Award for Water Practices from UNESCO and Water Digest for its distinguished work carried out in the water.
Assess the ethical implications of real-world issues and problems in corporate social responsibility from multiple perspectives you will analyze the case study ITC LTD: One of xxxxxx chief aspects of xxxxxx an organization relates to xxxxxx client is corpoxxxxxx social responsibility.
In xxxxxx case, ITC Limited xxxxxx xxxxxx measures. Corporate Social Responsibility is the continuing commitment by business to behave ethically and contribute to economic development while improving the quality of life of the workforce and their families as well as of the local community and society at large" CSR-Corporate social responsibilitie’s undertaken by ITC are e-choupal,Social &.
To download Sustainability Initiatives at ITC Ltd. case study (Case Code: BECG) Corporate Social Responsibility, Social and community initiatives, Environmental initiatives, e-choupal. Sustainability Initiatives at ITC Ltd. - Next Page>> Custom Search.
Read more about ITC, RIL at top in corporate social responsibility on Business Standard. Leading Indian companies -- ITC Ltd and Reliance Industries Ltd (RIL) -- have received top rating in Asia for their corporate social responsibility (CSR) initiatives, according to report by the Hong Kong-based brokerage and investment firm, CLSA.Download