Policy -
ITC is committed to conducting business in a manner that
reflects its high ethical standards. It expects its
employees and business partners to subscribe and adhere
to this philosophy, which honours all local laws and
upholds the spirit of human rights as enshrined in
existing international standards such as the Universal
Declaration and the Fundamental Human Rights Conventions
of the ILO. The Corporate Management Committee of the
Company has approved policies covering crucial human
rights areas. ITC’s Human Rights policies extend to all
its operating sites.
Responsibility - It is the overall
responsibility of the Divisional Chief Executives,
through the members of their Divisional Management
Committees, General Managers and Unit Heads, to ensure
implementation of these policies on human rights,
including designating of individuals for specific
responsibilities in respect of their Division.
Corporate Human Resources is
responsible for reviewing and updating standards on
social policies, and for providing guidance and support
to all concerned.
Management -
The Human Rights policies approved by the CMC provide
guidelines for the implementation of these policies and
their periodic review. Corporate HR provides specialist
services to assist in implementation and monitoring.
Training &
Awareness - Employees are provided with
training on the Company’s Human Rights policies at
Induction Programmes. The policies are available on the
Company’s website and intranet portals.
Monitoring & Follow-up - The HR resources of the
Divisions ensure periodic follow-up to ensure
implementation. The Internal Audit function of the
Company is charged with the responsibility of ensuring
compliance.
Objective
- The Company’s primary objectives in the
area of Human Rights performance and the goals for the
next five years are to ensure that -
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All ITC’s
operational units are and will remain fully
compliant with the Company’s Human Rights policies,
premised on a zero tolerance guiding principle
towards such violations.
-
All investment
decisions will integrate Human Rights considerations
into the decision-making process.
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All ITC’s
business partners will follow and adhere to the
Human Rights policies that the Company upholds.
Context - High
standards on Human Rights enhance the Company’s
reputation and build its brand equity, thus helping it
achieve the goal of operational excellence. It gives
ITC’s business partners, customers and other strategic
stakeholders the confidence of dealing with a
value-driven Company. It is a crucial value proposition
that is offered to potential employees to attract and
retain talent and motivate employees to give their best.
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