ITC achieves carbon and water positive status
Diversified conglomerate ITC Limited has achieved the milestones of a carbon positive, water positive and close to zero solid waste discharge company as per the Sustainability Report for the year 2007.
By PTI |
KOLKATA: Diversified conglomerate ITC Limited has achieved the milestones of a carbon positive, water positive and close to zero solid waste discharge company as per the Sustainability Report for the year 2007.
The report, published for the fourth consecutive year, was in accordance with the stringent G3 guidelines of the Global Reporting Initiative.
Commenting on the report, ITC chairman Y C Deveshwar said it was a matter of great pride as it was the only enterprise in the world of its size and diversity to achieve the milestone.
The report, prepared by PriceWaterHouseCoopers, was a transparent disclosure of ITC's economic, social and environmental performance.
Deveshwar said over the last three years, total shareholder returns, measured in terms of market capitalisation and dividends, grew at a compound rate of 32 per cent per annum.
In this regard, ITC was aiming to sustain its premier market standing and leadership position in each of the business segments where it was operating.
Deveshwar said the report was a pointer of the company's endeavour to achieve the triple bottomline objectives of contributing to building economic, social and ecological capital for the nation.
The report, published for the fourth consecutive year, was in accordance with the stringent G3 guidelines of the Global Reporting Initiative.
Commenting on the report, ITC chairman Y C Deveshwar said it was a matter of great pride as it was the only enterprise in the world of its size and diversity to achieve the milestone.
The report, prepared by PriceWaterHouseCoopers, was a transparent disclosure of ITC's economic, social and environmental performance.
Deveshwar said over the last three years, total shareholder returns, measured in terms of market capitalisation and dividends, grew at a compound rate of 32 per cent per annum.
In this regard, ITC was aiming to sustain its premier market standing and leadership position in each of the business segments where it was operating.
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Deveshwar said the report was a pointer of the company's endeavour to achieve the triple bottomline objectives of contributing to building economic, social and ecological capital for the nation.
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