ITC Sustainability Report 2007
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 Statement from PricewaterhouseCoopers Annexures Self-declaration on Application Level
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SOCIAL PERFORMANCE

Prevention of Discrimination at the Workplace
During 2006-07 no incident of discrimination in any of our units was reported either internally or to statutory authorities.

Freedom of Association
During 2006-07 no incident of violation of freedom of association was reported either to the concerned units or statutory authorities. Within our operations, there are no areas where the right to exercise freedom of association and collective bargaining is at risk.

Prohibiting Child Labour and Preventing Forced Labour at the Workplace
During 2006-07 no incident of child or forced labour was reported either to the units concerned or statutory authorities.

Diversity and Equal Opportunity
We believe that every individual brings a different and unique set of perspectives and capabilities to the team. A discrimination-free workplace for employees provides the environment in which diverse talents can bloom and be nurtured.

Our approach to human resource management is premised on the fundamental belief of fostering meritocracy in the organisation. We promote diversity and offer equality of opportunity to all employees. We do not engage in or support direct or indirect discrimination in recruitment, compensation, access to training, promotion, termination or retirement based on caste, religion, disability, gender,age, race, colour, ancestry, marital status or affiliation with a political, religious, union organisation orminority group.

Governance Bodies and Diversity
The Board of Directors at the apex, as trustees of shareholders and responsible for the strategic supervision of the Company, consists of 4 Executive Directors (including the Chairman) and 9 Non-Executive Directors. The Non-Executive Directors are experts from different fields, thereby ensuring multi-dimensional perspectives in setting the strategic agenda.

ITC’s approach to human resource is premised on the fundamental belief of fostering meritocracy in the organisation. ITC promotes diversity and offers equality of opportunity to all employees.

The strategic management of the Company rests with the Corporate Management Committee comprising full time Executive Directors and 3 members drawn from senior management, representing diverse functions.

The executive management of each business is vested with the Divisional Management Committee (DMC), headed by the Chief Executive. The DMC draws resources from different functions. Each DMC is responsible for and focused on the management of its assigned business.

Equal Remuneration
Our compensation philosophy does not differentiate on gender, caste or age. It is linked to responsibility levels and based on performance. We also ensure compliance with the Equal Remuneration Act which mandates every employer to pay equal remuneration to men and women employees for the same work or work of similar nature.

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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 Statement from PricewaterhouseCoopers Annexures Self-declaration on Application Level
  
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