ITC's Alignment to the Principles of the National Voluntary Guidelines
| Principle |
National Voluntary Guidelines on Social, Environmental and Economic Responsibilities of Business |
Strategic
Alignment |
| 1 |
Businesses should conduct and govern themselves with Ethics, Transparency and Accountability |
|
| 2 |
Businesses should provide goods and services that are safe and contribute to sustainability through their life cycle |
|
| 3 |
Businesses should promote the well being of all employees |
|
| 4 |
Businesses should respect the interests of, and be responsive towards all stakeholders, especially those who are disadvantaged, vulnerable and marginalised |
|
| 5 |
Businesses should respect and promote human rights |
|
| 6 |
Businesses should respect, protect and make efforts to restore the environment |
|
| 7 |
Businesses, when engaged in influencing public and regulatory policy, should do so in a responsible manner |
|
| 8 |
Businesses should support inclusive growth and equitable development |
|
| 9 |
Businesses should engage with and provide value to their customers and consumers in a responsible manner |
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Principle 1
 ITC’s governance framework enjoins the highest standards of ethical and responsible conduct of business to create value for all stakeholders. The cornerstones of ITC’s governance philosophy are trusteeship, transparency, empowerment & accountability, control and ethical corporate citizenship.
Principle 2
ITC’s uncompromising commitment to providing world-class products and services to satisfy customers on a consistent basis is supported by concern for the safety of our consumers/ customers. All ITC products and standards comply fully to all applicable National Standards addressing consumer/customer safety and where possible, work towards exceeding best international standard requirements. We have also commenced with life cycle assessment studies
for a few of our products for this purpose.
Principle 3
ITC is committed to employee engagement that upholds individual dignity and respects human rights. Its capability development agenda ensures the deepening and enhancement of skills of all its employees through customised training and development inputs. All ITC employees including service providers operate in a work environment that is benchmarked internationally for the quality of its safety and health standards.
Principle 4
ITC’s initiatives contribute to empowering rural communities to conserve and manage their natural resources, create sustainable on and off-farm livelihoods, and improve social infrastructure especially in areas where it impacts women and children. ITC has put in place various initiatives to transform rural communities into vibrant economic organisations and empower stakeholders with enhanced incomes and livelihoods.
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