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Sustainability Report 2011
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Chairman’s Statement:
ITC’s Vision and Strategy		 Key Impacts,
Risks and Opportunities		 ITC:
Organisational Profile		 Report Profile,
Scope and Boundary		 Governance, Commitments
& Engagements
ITC’s Triple Bottom Line GRI Index Annexures Independent
Assurance Statement		 Self-declaration on Application Level
  «•»
 

Independent Assurance Statement from Ernst & Young

The Management and Board of Directors
ITC Limited
Virginia House
Kolkata 700071, India.

Ernst & Young Pvt. Ltd. (EY) was retained by ITC Limited (the "Company") to provide an independent assurance on its Sustainability Report 2011 (the "Report"), limited to the social and environmental information therein. ITC’s management is responsible for the content of the Report, identification of the key issues, engagement with stakeholders and its presentation. EY’s responsibility is to provide assurance on the Report content, as described in the scope of assurance. Our responsibility in performing our assurance activities is to the management of the Company only, and in accordance with the terms of reference agreed with the Company. We do not therefore accept or assume any responsibility for any other purpose or to any other person or organisation.

Assurance Standard

The assurance engagement was planned and performed in accordance with International Federation of Accountants’ International Standard for Assurance Engagements Other than Audits or Reviews of Historical Financial Information (ISAE 3000). Our evidence-gathering procedures have been designed to obtain a reasonable level of assurance (as set out in ISAE 3000) on which we base our conclusions.

Scope of Assurance and Methodology

The scope of our work for this assurance is limited to review of information pertaining to environment and social performance for the period of 1st April 2010 to 31st March 2011, in 10 selected representative Units from various Businesses of the Company and Head office, Kolkata, which are material to the Company’s Triple Bottom Line performance, as below:
   
ITD ( Tobacco Division) – Bengaluru
   
FBD ( Foods Division ) – Haridwar
   
PCPB ( Personal Care Products Business) – Haridwar
   
Hotels – ITC Maurya, New Delhi & ITC Gardenia, Bengaluru
   
PPB (Packaging and Printing Business ) – Haridwar
   
PSPD (Paperboards and Specialty Papers Division) – Bhadrachalam & Kovai
   
ILTD ( Leaf Tobacco Division) - Anaparti
   
ITC Infotech India Limited - Bengaluru
   
EY’s multidisciplinary team of professionals visited the Company’s above manufacturing units in order to review and verify the data and information presented in the Report, on core G3 indicators listed below:
   
EN 1: Material consumption by weight and volume
   
EN 3: Direct energy consumption by primary energy source
   
EN 4: Indirect energy consumption by primary energy source
   
EN 8: Total water withdrawal by source
   
EN 16: Total direct and indirect GHG emissions by weight
   
EN 20: SOX, NOX and other significant air emissions by type and weight
   
EN 21: Total water discharge by quality, and destination
   
EN 22: Total weight of waste by type and disposal method
   
LA 1: Total workforce
   
LA7: Safety performance (Fatality, reportable injury and man-days lost)
   
LA 10: Training manhours per employee category
   
SO 1: Nature, scope and effectiveness of any programmes and practices that assess and manage the impact of operations on communities, including entering, operating and exiting
   
SO 2: Percentage and total number of business units analysed for risk related to corruption
   
SO 5: Public policy positions and participation in public policy development and lobbying
   
HR1: Percentage and total number of significant investments agreements that include human rights screening
   
The nature and scope of our work was based on our professional judgment and we have performed procedures deemed necessary to provide a basis for our conclusions. The approach to the assurance exercise included interaction with key personnel to identify the processes in place to capture sustainability performance data and information as per GRI 2006 (GRI-G3) guidelines. The team conducted review and verification of data collection process, measurement methodology and general review of the logic of inclusion/omission of necessary information/data to:
   
Review of major anomaly within the Report as well as between the Report and source data/information;
   
Verification of the transcription of data internally verified by the Company;
   
Execution of audit trail of selected data streams and information to determine the level of accuracy in collection, transcription and aggregation processes followed;
   
Review of the reliability of the information, assessing related controls and their operating effectiveness;
   
Review of the Company’s plans, policies and practices, pertaining to their social, environmental and sustainable development.
  «•»
Chairman’s Statement:
ITC’s Vision and Strategy		 Key Impacts,
Risks and Opportunities		 ITC:
Organisational Profile		 Report Profile,
Scope and Boundary		 Governance, Commitments
& Engagements
ITC’s Triple Bottom Line GRI Index Annexures Independent
Assurance Statement		 Self-declaration on Application Level
Sustainability Reports Archives
Sustainability Report 2013 | Sustainability Report 2012 | Sustainability Report 2011 | Sustainability Report 2010
Sustainability Report 2009 | Sustainability Report 2008 | Sustainability Report 2007 | Sustainability Report 2006
Sustainability Report 2005 | Sustainability Report 2004