We have carried out an independent review of the section 'Sustainability Updates' * of the ITC Annual Report and Accounts 2012 prepared by ITC Limited (the ‘Company’). The scope of our work was limited to providing independent assurance to select information pertaining to Environment, Health & Safety (EHS) and social performance of the Company during the period 1st April 2011 to 31st March 2012, based on relevant review at nine representative business units of the Company and the corporate office at Kolkata.
The Company has presented, in a fairly balanced, accurate, complete and transparent manner, the information pertaining to EHS and social parameters on the GRI indicators pertaining to material consumption, energy, water consumption and discharge, GHG emissions, wastes, safety performance and social programmes.
The initiatives on carbon sequestration, waste recycling, creating rainwater harvesting potential and creating sustainable livelihoods, demonstrate the Company’s commitment on these key sustainability issues. The Company has continued to maintain its carbon positive, water positive and solid waste recycling positive status. The Company’s carbon positive status is based on improvements in specific energy consumption, increasing share of energy from renewable resources and sequestration of CO2 emissions through social and farm forestry initiatives. The water-positive status is based on reduction of specific water consumption and creation of the rainwater harvesting structures with an evaluated rainwater harvesting potential. Solid waste recycling positive status of the Company is by recycling of wastes generated out of their operations and external wastes used as raw material.
For Ernst & Young Private Limited
Sudipta Das
Partner
30 May, 2012
Kolkata
* The EHS and social information contained in this section will form a part of ITC’s Sustainability Report 2012, which is being independently assured by Ernst & Young. |
