REPORT AND ACCOUNTS 2022
Business Responsibility and Sustainability Report
Business Responsibility
and Sustainability Report
Section A | General Disclosures | II |
Section B | Management and Process Disclosures | VIII |
Section C | Principle wise Performance Disclosure | XII |
Principle 1 | Businesses should conduct and govern themselves with integrity, and in | XII |
a manner that is Ethical, Transparent and Accountable | ||
Principle 2 | Businesses should provide goods and services in a manner that is | XIII |
sustainable and safe | ||
Principle 3 | Businesses should respect and promote the well-being of all employees, | XVI |
including those in their value chains | ||
Principle 4 | Businesses should respect the interests of and be responsive to all its | XXI |
stakeholders | ||
Principle 5 | Businesses should respect and promote human rights | XXIV |
Principle 6 | Businesses should respect and make efforts to protect and restore the | XXVIII |
environment | ||
Principle 7 | Businesses, when engaging in influencing public and regulatory policy, | XXXIV |
should do so in a manner that is responsible and transparent | ||
Principle 8 | Businesses should promote inclusive growth and equitable development | XXXVI |
Principle 9 | Businesses should engage with and provide value to their consumers in | XL |
a responsible manner | ||
I
Business Responsibility and Sustainability Report
REPORT AND ACCOUNTS 2022
Section A: General Disclosures
- Details of the listed entity
1. | Corporate Identity Number | L16005WB1910PLC001985 | ||
(CIN) of the Company | ||||
2. | Name of the Company | ITC Limited | ||
3. | Year of Incorporation | 1910 | ||
4. | Registered office address | Virginia House, 37 Jawaharlal Nehru Road, Kolkata 700 071 | ||
5. | Corporate office address | |||
6. | E-mail id | enduringvalue@itc.in | ||
7. | Telephone | +91 33 2288 9371 | ||
8. | Website | www.itcportal.com | ||
9. | Financial year for which | 2021-22 | ||
reporting is being done | ||||
10. | Name of the Stock | National Stock Exchange of India Limited ('NSE'), BSE Limited ('BSE'), | ||
Exchange(s) where shares | The Calcutta Stock Exchange Limited ('CSE') | |||
are listed | ||||
11. | Paid-up capital | `1232.33 crores (As on 31.03.2022) | ||
Name and contact details of | Ms. Madhulika Sharma | |||
12. | the person who may be con- | Chief Sustainability Officer | ||
tacted in case of any queries | Madhulika.sharma@itc.in | |||
on the BRSR report | +91 33 2288 9371 | |||
13. | Reporting boundary | The financial disclosures made in this report are on a standalone basis, and | ||
are excerpted from the Company's Report and Accounts 2022. The data related | ||||
to social performance is on a standalone basis. | ||||
The environmental disclosures are based on performance of Company's | ||||
Businesses, certain subsidiaries and associates, and key Third-Party | ||||
Manufacturers (TPMs). The details are available in 'About this Report' section | ||||
of ITC's Sustainability & Integrated Report 2022. | ||||
II. Products/services | ||||
14. Details of business activities: | ||||
S. | Description of | Description of Business Activity | % of Turnover | |
No. | Main Activity | of the Entity | ||
1. | FMCG | Cigarettes: Cigarettes, Cigars etc. | 39.68% | |
Others: Branded Packaged Foods Businesses (Staples & Meals; | ||||
Snacks; Dairy & Beverages; Biscuits & Cakes; Chocolates, Coffee & | 27.01% | |||
Confectionery); Personal Care Products; Education and Stationery | ||||
Products; Safety Matches and Agarbattis; Apparel. | ||||
2. | Hotels | Hoteliering. | 2.16% | |
3. | Agri Business | Agri-commodities such as wheat, rice, spices, coffee, soya and leaf | 20.52% | |
tobacco. | ||||
4. | Paperboards, | Paperboards, Paper including Specialty Paper & Packaging including | 10.63% | |
Paper & Packaging | flexibles. | |||
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REPORT AND ACCOUNTS 2022
Business Responsibility and Sustainability Report
15. Products/Services sold by the entity:
S. | Product/Service | NIC Code | % of Total Turnover |
No. | Contributed | ||
1 | Cigarettes: Cigarettes, Cigars etc. | 12003, 21002, 46307 | 39.68% |
2 | Others: Branded Packaged Foods | 10202, 10304, 10308, 10402, | |
Businesses (Staples & Meals; Snacks; | 10501, 10502, 10504, 10509, | ||
Dairy & Beverages; Biscuits & Cakes; | 10611, 10612, 10712, 10732, | 27.01% | |
Chocolates, Coffee & Confectionery); | 10733, 10735, 10740, 10750, | ||
Education and Stationery Products; | 10792, 10795, 10796, 10798, | ||
Personal Care Products; Safety | 20231, 20233, 20234, 20236, | ||
Matches and Agarbattis; Apparel. | 20237, 20239, 20293, 46491 | ||
46496, 46497, 46909, 47711 | |||
3 | Hoteliering | 55101, 56101, 56301, 74909, | 2.16% |
47110, 47190, 68200, 77400, | |||
79900, 96010, 96020, 96905 | |||
4 | Agri-commodities such as wheat, rice, | 12001, 10202, 10209, 10302, | 20.52% |
spices, coffee, soya and leaf tobacco. | 10304, 10406, 10611, 10795, | ||
20213, 46201, 46207, 46301, | |||
46305, 46306, 47300 | |||
5 | Paperboards, Paper including Specialty | 17015, 17016, 17093, 17022, | 10.63% |
Paper & Packaging including flexibles. | 17029, 22203 | ||
III. Operations
16. Number of locations where plants and/or operations/offices of the entity are situated.
The Company's Businesses and operations are spread across the country. Details of plant locations, including hotels owned/operated by the Company, are provided under sections 'Shareholder Information' in Company's Report and Accounts 2022, and 'About this Report' section of the Company's Sustainability & Integrated Report 2022.
17. | Markets served by the entity | |
a. | Number of locations | |
Location | Number | |
National (No. of States) | Pan-India | |
International (No. of Countries) | ITC exports to over 100 countries | |
b. What is the contribution of exports as a percentage of the total turnover of the entity?
FY 2021-22 | 15.77% |
FY 2020-21 | 10.75% |
- A brief on types of customers
ITC is one of India's foremost private sector companies and a diversified conglomerate with 13 businesses spanning FMCG, Hotels, Paperboards, Paper & Packaging and Agri Businesses, and operates across both B2C and B2B segments.
III
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