Sustainability Report 2009
Chairman’s Statement:
ITC’s Vision and Strategy
ITC:
Organisational Profile
Certifications, Honours & Awards Report
Parameters
Governance, Commitments
& Engagements
ITC’s Triple Bottom Line GRI Index Annexures Statement from
Ernst & Young
Self-declaration on Application Level
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ITC's TRIPLE BOTTOM LINE
ECONOMIC PERFORMANCE

Infrastructure Investments & Services

Our multipronged social sector investments are complemented by our endeavour to create enduring symbols of excellence, be it in the field of culture or sustainable development.

1. ITC Sangeet Research Academy

With the gradual decline of royal patronage that historically sustained India’s vast musical traditions, the rich heritage of Indian Classical music, whose origins can be traced back to more than 2,000 years, seemed in danger of being irrevocably lost. To preserve this priceless cultural legacy, nurture its growth and build its future, ITC set up the Sangeet Research Academy in December 1987. A public charitable trust, the Academy's farsighted endeavour was three-fold: to establish a modern ‘Gurukul’ to revive India’s traditional ‘Guru-Shishya Parampara’; to buttress the oral tradition of Indian Classical Music with modern research and technology, and to promote and propagate Indian Classical music.

Inspired by the irresistible call of ITC’s vision, several illustrious musicians have come to teach at the Academy. Its eminent Gurus have not only nurtured the traditional ‘Guru-Shishya Parampara’, but also groomed many of today’s leading musicians.

In its three decades of existence, the ITC Sangeet Research Academy (ITC-SRA) has exemplified how ancient musical traditions can be enshrined for generations to come. Sangeet Sammelans have charged the classical music scenario with a new vibrancy, the Academy’s documentation and analysis of oral traditions have added value to music education, and scientific research has proved that art and science can harmoniously co-exist.

For music lovers, ITC-SRA is an institution. For ITC, it is a corporate tribute to the great tradition of Indian Classical music.

For details of this unique institution please visit www.itcsra.org

2. CII-ITC Centre of Excellence for Sustainable Development

A co-creation of the Confederation of Indian Industry and ITC, the Centre of Excellence established on January 18, 2006, is a unique institution that continuously endeavours to encourage corporates to embrace sustainability by creating awareness, promoting thought leadership and building capacity amongst Indian enterprises in the quest for Sustainable Development. The Centre recognises and honours excellence in corporate sustainability performance.

The Centre provides a wide range of services and organises a large number of events and programmes, in order to meet these objectives.

Some of the prominent activities of the Centre include:

CII-ITC Sustainability Awards 2008

These unique awards, instituted to identify and recognise Indian businesses for their exemplary Triple Bottom Line (economic, social and environmental) performance, were given away this year by Dr. Montek Singh Ahluwalia, Deputy Chairman of India’s Planning Commission. The awards endeavour to promote role models in Indian industry and are also a knowledge imparting tool to motivate superior sustainable performance.

Business Leaders’ Programme

This four-day program ‘Strategies and Leadership for Creating Sustainable Organisations’ was organised by the Centre for the 2nd time to train senior business executives in Sustainability Strategy. It was conducted in association with Cornell University, The Johnson School, Centre for Sustainable Global Enterprise and was led by Prof. Stuart Hart, Samuel C. Johnson Chair in Sustainable Global Enterprise.

Over 25 senior managers (Vice Presidents, GMs., etc) from various businesses & NGOs, participated in this programme.

3rd Sustainability Summit Asia 2008

The CII-ITC Centre of Excellence in association with Development Alternatives, held its 3rd annual summit in December 2008. The Summit with the overall theme of ‘Competitiveness Redefined’ deliberated on how sustainability challenges provide opportunities to innovate sustainable solutions and build competitiveness.

The focus themes of the Summit were: Innovation, Climate Change, South Regional Cooperation, CSM in Indian Companies, Corporate Governance, BoP and Green Construction.

The summit was inaugurated by Mr. Somnath Chatterjee, erstwhile Hon’ble Speaker, Lok Sabha. Over 400 representatives mainly from Industry attended the Summit.

For further details please visit www.sustainabledevelopment.in

3. Other Infrastructure Initiatives

Information on e-Choupals (Web enablement of farmers), watershed development etc. are detailed elsewhere in this Report.

«»
Chairman’s Statement:
ITC’s Vision and Strategy
ITC:
Organisational Profile
Certifications, Honours & Awards Report
Parameters
Governance, Commitments
& Engagements
ITC’s Triple Bottom Line GRI Index Annexures Statement from
Ernst & Young
Self-declaration on Application Level
  
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