 Minimising Carbon Intensity & Adopting a Low Carbon Growth Path
ITC has consolidated its 'Carbon Positive' status over the years by adopting a strategy of reducing specific energy consumption, increasing its renewable energy portfolio and large scale carbon sequestration through additional forestry activities on degraded wastelands.
Sources of energy
| ITC has consolidated its ‘Carbon Positive’ status by adopting a strategy of reducing specific energy consumption, increasing its renewable energy portfolio and large scale carbon sequestration |
In 2010-11, ITC Units consumed 22,554 Terra Joules (TJ) of energy, which is 5.2% higher than the energy utilised in the previous year. (21,456 TJ in 2009-10). This is due to significant growth in production volumes of almost all businesses over the last year (Paperboards business grew by 2.9%, Foods Business’ snacks and biscuits products up by 94% and 25.8% respectively and soaps in Personal Care business increased by 27.8%).
Improved utilisation of carbon neutral fuels such as biofuels in the Paperboards and Specialty Papers Business and the commissioning of a 21 MW wind power project in Karnataka and a 2.5 MW wind power project in Rajasthan contributed to increased utilisation of renewable energy, even though the renewable energy contribution from the above wind power projects has only been for part of the year.
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Renewable energy utilisation in ITC |
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