The Sustainability Report 2005 follows the Sustainability Report 2004 and the Company’s Environment, Health and Safety (EHS) Report 2003, which reported on the EHS performance of the Company. This Report is based on the Global Reporting Initiative (GRI) guidelines, criteria, methodology and definitions (GRI-2002). The EHS Report for 2003 and the Sustainability Report 2004 used the same criteria for evaluating and reporting performance. The report on economic performance is largely drawn from the Directors’ Report and Annual Accounts for 2004-05, and has been audited by independent External Auditors.

EHS data and performance are continually monitored and audited by the Company’s Corporate EHS Department. The Corporate EHS Department has developed comprehensive EHS guidelines based on national statutes, national and international standards, and codes of best practices. The Company sends its EHS Reports to relevant statutory bodies to audit and check compliance with all prescribed norms.

ITC’s policies and data on social performance have been broadly derived from the Company’s constantly updated corporate web portal, ‘www.itcportal.com’. The Company has published and widely circulated a number of booklets and backgrounders regarding its environmental and social initiatives.

Relevant excerpts from these booklets are reproduced in this Sustainability Report to provide a holistic picture of the Company’s social commitment and performance.

PricewaterhouseCoopers have verified the conformance of the report to GRI guidelines and provided assurance on reliability of performance data.

For additional information on ITC please visit ‘www.itcportal.com’. For copies of the Annual Report, Chairman’s Speech and Company Brochures or additional copies of this report please write to: Head, Corporate Communications, ITC Limited, 37 J L Nehru Road Kolkata-700 071
or e-mail enduringvalue@itc.in.