Multi-business conglomerate ITC has been conferred with the 6th ICSI (The Institute of Company Secretaries of India) CSR Excellence Award in the ‘Large’ category for consistently demonstrating innovation and sustainability in managing corporate social responsibility (CSR). Amit Shah, Union Home Minister gave the award to Prabhakar Lingareddy, Executive Vice President – Social Investments, ITC Limited at the recent award ceremony held in Mumbai.
“As a leading business conglomerate, we aim at contributing meaningfully to the societal development through a “two horizon approach” – by making today’s dominant sources of income sustainable and creating capabilities among people to take advantage of emerging economic opportunities of tomorrow. Going forward, we are committed to continue playing a significant role in uplifting the socio-economic status of communities as well as contribute to environmental stewardship through our multi-dimensional CSR programme in its true letter and spirit,” said Dr Ashesh Ambasta, Executive Vice-President & Head – Social Investments, ITC Limited on the recognition.
ITC’s projects, under its social investments programme, are spread over 216 districts in 25 states/union territories. It has more than 83 public-private partnerships in areas such as water stewardship, sustainable agriculture, solid waste management, women empowerment, health and sanitation, primary education, and others.
ITC’s Integrated Watershed Development Programme has cumulatively covered around 1.2 million acres of water-stressed area, creating a storage capacity of over 43 million kl of water. Its afforestation programme over 9,00,000 acres has generated over 160 million person-days of employment among small and marginal farmers; women’s economic empowerment programme is helping create sustainable livelihoods for around 79,000 women; livestock development programme has covered 19 lakh milch animals; primary education initiative has impacted over 833,000 children and training has helped 1,00,000 youth with skills; constructed over 38,000 individual household toilets under health and sanitation programme, among others. The company also has a Climate Smart Agriculture programme, which supports over 2.5 lakh farmers across 8,000 villages and has demonstrated a reduction of GHG emission of select crops by 47 per cent, whilst enhancing net returns to farmers between 41-87 percent.