Organisational Profile
ITC is one of India’s foremost private sector companies and a diversified conglomerate with interests in Consumer Goods, Hotels, Paperboards and Packaging, Agri Business and Information Technology. With a market capitalisation of around US$ 35 billion and a turnover of nearly US$ 7 billion, ITC has been rated among the World’s Best Big Companies, Asia’s ‘Fab 50’ and among India’s Most Valuable Companies by Business Today. It has been ranked as the world’s 6th largest ‘sustainable value creator’ among consumer goods companies globally, according to a report by the Boston Consulting Group (BCG).
These achievements are an extension of ITC’s continuing story of transformation, from a single product company to a diversified conglomerate with multiple drivers of growth. ITC is today the leading FMCG marketer in India, the second largest Hotel chain, the leader by a distinct margin in the Paperboard and Packaging industry, and the foremost Agri business player in the country. ITC’s wholly owned subsidiary, ITC Infotech India Limited is one of India’s fast growing IT companies in the mid-tier segment.
ITC’s exemplary performance along the Triple Bottom Line is powered by its overarching vision, its robust corporate strategies and its relentless pursuit to create enduring and sustainable value chains. This is fundamentally inspired by a larger national purpose to build societal capital.
Indeed, ITC’s achievements in the environmental and social dimensions have been remarkable. ITC has been Carbon Positive for 7 consecutive years, sequestering twice its emissions; Water Positive for 10 years, having created freshwater potential that is more than twice its consumption; and has remained Solid Waste Recycling Positive for over 5 years now. These achievements remain unparalleled globally, with ITC being the only enterprise in the world of its dimensions to have accomplished and sustained these environmental distinctions.
For its transformational rural initiatives in social and farm forestry, ITC was conferred the World Business and Development Award 2012 at the historic Rio+20 United Nations Summit.
ITC’s businesses help in generating over 5 million livelihoods across value chains that touch the lives of many who live at the margin in rural India. ITC’s inclusive business models have transformed lives in such meaningful ways for the weakest sections of our society.