Oversight, Implementation and Audit of Economic, Environmental,
Social and Related Policies
The Corporate Management Committee (CMC) of the Company approves the relevant
Financial, Environmental, Occupational Health and Safety, and Social policies of ITC.
The Corporate Internal Audit Function audits implementation of all systems and policies
in all Company businesses and Corporate Headquarters.
The Corporate EHS Department, headed by an Executive Vice-President, is responsible for
laying down ITC's standards, preparing EHS Guidelines, ensuring implementation and, at
least annually, auditing the EHS Performance in each of the Units/Factories/Hotels to
ensure conformity to statutory requirements, Corporate EHS Guidelines and Standards.
The Corporate Human Resources (CHR) Department similarly coordinates all activities
relating to the Company's social performance.
Reports relating to Economic, EHS and Social performance are provided to the Corporate
Management Committee on a monthly basis. In addition to the above, periodic presentations
are made to the CMC to ensure performance in accordance with specified targets.
All Management Systems and standards in ITC conform to relevant national and
international standards and benefit from internationally accepted Best Practices. Quality
Management Systems in various businesses are certified in accordance with ISO 9001,
International Quality Rating System (IQRS), Hazard Analysis and Critical Control Point
(HACCP), TQM/TPM, Six Sigma and other internationally renowned standards as applicable to
the respective businesses.
Environment Management Systems in all ITC manufacturing units, major hotels and
Corporate EHS Department are certified in accordance with ISO 14001.
Occupational Health & Safety Management Systems in all manufacturing units
including Corporate EHS Department are certified in accordance with OHSAS 18001.
ITC's social responsibility goals and targets are aligned with stakeholder needs and
India's national priorities, which are in line with the UN Millennium Development Goals. |
