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Sustainability: By 2030 ITC to have 50% energy consumption from renewable sources

Energy portfolio accounting for over 41% of total energy consumption makes ITC an icon of environmental stewardship.

India CSR by India CSR
September 4, 2020
in Prime, Sustainability
Reading Time: 2 mins read
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ITC has set ambitious sustainability goals for the future. ITC aspires to meet 50% of its total energy consumption from renewable sources by 2030. ITC intends to sequester over four times the CO2 emissions from its operations as well as create rainwater harvesting potential equivalent to over five times its net water consumption over the next decade.

As part of its waste management programme, the Company aims to ensure that 100% of its packaging is reusable, recyclable or compostable in the next decade. ITC’s leadership in sustainability reinforces its aspirations to be a future-ready enterprise, responsive to the needs of society.

In his AGM address Sanjiv Puri, Chairman, ITC Limited shared his Vision on the organisation’s top strategic priorities in preparing for the ‘Next Normal’ and Reimagining the Future for ITC during the unprecedented times, its resolve to support an Atmanirbhar Bharat as well as the Company’s superordinate national purpose to create larger value for the country and its stakeholders.

He said that ITC’s extensive interventions in agriculture help in empowering millions of farmers. ITC’s superior environmental benchmarks in all its operations, creation of large forestry and water resources as also a renewable energy portfolio accounting for over 41% of total energy consumption makes ITC an icon of environmental stewardship.

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