ITC INITIATIVES UNDER CSR POLICIES
- 1. BIRLA INSTITUE OF MANAGEMENT AND TECHNOLOGY GAURAV THAKUR 20DM079
- 2. Total Turnover: 46,323.72 crores Total profit after taxes: 15,136.05 crores Total Spending on CSR: 326.49 crores Indian multinational conglomerate company headquartered in Kolkata, West Bengal. Founded on August 24, 1910 Operating segments: Tobacco, FMCG, Hotels, Packaging, Paperboards & Specialty Papers and Agribusiness CEO : Sanjiv Puri (5 Feb 2017- present) Ranked as India's most admired company, according to a survey conducted by Fortune India. Ranked 772 on Forbes magazine list of 2000 companies globally. Believes company's performance depends on Triple bottom Line contribution. ITC'S Corporate Social Responsibility
- 3. Salient Features of ITC CSR Policy 1. Identifying geographical areas to promote development and design interventions. 2. Strengthening capabilities of Non-Government Organisations (NGOs) in all projects. 3. Developing agenda which benefits the poor and marginalised communities in companys factory. 4. Enabling participation, contribution and asset creation for the community 5. Strive for scale by leveraging government partnerships.
- 4. THEMATIC AREAS UNDER WHICH ITC HAS CONTRIBUTED Providing infrastructural support to government primary schools. Providing safe drinking water and sanitation infrastructure in schools and villages Women have been provided with seed money to setup their business. Livestock Development program under which veterinary support is given to ensure proper health and nutrition to the cattles
- 5. E-Choupal Ecosystem in which internet kiosks has been set up in villages Watershed development in which farmers are educated to harvest water and use them in irrigation. Health and sanitation program in which families are encouraged to build and use toilets. Well being Out of Waste (WOW) collaborates with local municipalities to train waste workers and rag pickers. Afforestation programme has helped to extend the forest cover
- 6. 2019-20 2018-19 2017-18 Net Profit 15136.05 12464.32 11223.25 Average Profit (Last 3 FY) 16308.59 15327.74 14523.40 Prescribed Expenditure 326.17 306.55 290.47 Actual Expenditure 326.49 306.95 290.98 326.17 306.55 290.47 326.49 306.95 290.98 270.00 280.00 290.00 300.00 310.00 320.00 330.00 2019-20 2018-19 2017-18 CSR Expenditure of ITC Ltd Prescribed CSR EXP Actual EXP Incurred (fig. in crores)
- 7. E-CHOUPAL(VILLAGE MEETING PLACE) ECOSYSTEM Started in June 2000. STRATEGIES AND KEY INTERVENTIONS: Providing farmers with easy access to real-time ,relevant information through E-CHOUPAL VILLAGE INTERNET KIOSKS Raising agri competencies through knowledge and technology transfer via CHOUPAL PRADARSHAN KHET DEMO PLOTS,FARMER FIELD SCHOOLS , CUSTOMIZED SOLUTIONS. Bringing appropriate farm and non-farm services close to the farmers doorstep via CHOUPAL SAAGAR PROCUREMENT-CUM-RETAIL HUBS. Access to credible information via SWASTHYA CHOUPAL. FARMERS MAINLY SMALL AND MARGINAL SANCHALAK LEAD FARMER ITC ACADEMIC AND TECHNICAL INSTITUTIONS E-CHOUPAL ECO-SYSTEM
- 8. STATUS OF EXECUTION: E-CHOUPAL services have empowered 4 million farmers. Cover about 35000 villages through 6100 kiosks across 10 states namely MADHYA PRADESH , HARYANA , UTTARAKHAND , UTTAR PRADESH , RAJASTHAN , KARNATAKA , KERALA , MAHARASHTRA , ANDHRA PRADESH AND TAMIL NADU. Has a vision to reach 10 million by 2022 and doubling farmers income. CSR amount spent=45.77 crore rupees AS A RESULT OF E-CHOUPAL THERE IS: Rise in income of farmers. Improvements in quality of output. Fall in transaction cost. Time saving for the farmers.
- 9. WATERSHED DEVELOPMENT PROGRAMME: Improving water resource management over 1,146,000 acres Strategies and key interventions: Mobilizing community action to conserve and manage local resources by Forming Water User Groups Building grassroots so that communities can manage resources equitably and sustainably by Comprehensive training for all Water User Groups Model mechanisms to ensure long-term sustainability of project assets and benefits by doing Mandatory financial contribution from community + Maintenance fund for each group + Methodology: Traditional + Modern, Simple + Low- Cost . Implementing Public Private Partnership. A collaborative model supporting community action to manage local water resources.
- 10. . AS A RESULT OF WATERSHED DEVELOPMENT : As on March 31,2020, covered over 1.13 million acres and created net water storage of 38.16 million kilolitres. Generated 6 millions persons days of employment. Rejuvenating Basins. Improving soil fertility and moisture conservation Through micro irrigation and crop-specific precision agronomical practices, water consumption has been reduced to by as much as 20% to 45% Water storage potential created : 38.16 million cubic meter Awarded the Alliance for Water Stewardship(AWS) Platinum-level- certification.
- 11. CONCLUSION AND RECOMMENDATIONS On account of Health As per estimates illegal cigarettes alone causes revenue loss of 15000 crores p.a. to govt. 68% of total tobacco consumed in country remains outside the tax net. Efforts to bring major part of tobacco consumed in tax net. Helps to reduce the damage caused to companies manufacturing tobacco and to govt. Also deter consumers from tobacco consumption due to higher prices. Lead to improving consumer health and reduce health expenditure. Conclusion Gained wider reach over the years. Secured Livelihoods of marginalized communities. Vision to carry to future. TEAM 4 GAURAV THAKUR ISHITA DEWAN JOYDEEP CHAKRABORTY KARAN KISHOR KISHAN KUMAR LAKSHAY YADAV THANK YOU