ITC Corporate Presentation - Century

ITC LimitedITC LimitedOne of India’s Most Admired and Valuable Companies

ITC Performance Track Record

Rs crs

1995-96 2012-1317-yr Cagr

95-96 to 12-13

Net Revenue 2,536 29,606 15.6%

PBDIT 584 11,566 19.2%

PBIT 536 10,771 19.3%

PBT 452 10,684 20.4%

2

Sensex (CAGR 95-96 to 12-13) : 10.7%

PBT 452 10,684 20.4%

PAT 261 7,418 21.8%

Capital Employed 1,886 23,569 16.0%

ROCE % 28.4 45.7

Market Capitalisation 5,571 244246 24.9%

Total Shareholder Returns % 26.4%

Market Cap and TSR based on FY-end prices

95-96 to

12-13

02-03 to

12-13

07-08 to

12-13

09-10 to

12-13

17 years 10 years 5 years 3 years

GTO 13.2% 14.3% 14.5% 16.9%

CAGR

� Consistent performance over 17 year, 10 year, 5 year and 3 year horizons

� In terms of Revenue, Profits, TSR Vs. Sensex

Consistency of Performance

3

GTO 13.2% 14.3% 14.5% 16.9%

PAT 21.8% 18.4% 18.9% 22.2%

TSR 26.4% 33.9% 26.7% 35.0%

Sensex 10.7% 20.0% 3.8% 2.4%

TSR and Sensex returns are based on Mar-end of each FY

� Rate of growth has accelerated further in the last three years

ITC’s rankingAmongst all listed private sector cos.

PBT: No. 6

PAT: No. 5

4

PAT: No. 5

Market Capitalisation: No. 3

Note: Based on Published Results for H1 FY14, Market Capitalisation based on 31st Dec 2013

ITC ITC ITC ITC is the only Indian Company to be ranked is the only Indian Company to be ranked is the only Indian Company to be ranked is the only Indian Company to be ranked

amongst the Top 10 global FMCG companies amongst the Top 10 global FMCG companies amongst the Top 10 global FMCG companies amongst the Top 10 global FMCG companies in in in in

value creation value creation value creation value creation during during during during the period 2008the period 2008the period 2008the period 2008----12 12 12 12

55

value creation value creation value creation value creation during during during during the period 2008the period 2008the period 2008the period 2008----12 12 12 12

(Boston Consulting)(Boston Consulting)(Boston Consulting)(Boston Consulting)

� One of the foremost in the private sector in terms of :

– Sustained value creation (BT-Stern Stewart survey)

– Operating profits

– Cash Profits

� Only Indian FMCG Company to feature in Forbes 2000 List

One of India’s most valuable and admired companies

6

– A comprehensive ranking of world’s biggest companies measured by a

composite of sales, profits, assets & market value

� Also ranked amongst the Top 10 global FMCG companies in terms of value

creation during the period 2005-2009 by Boston Consulting Group. Is the only

Indian company to feature consistently amongst the Top 10 global FMCG

companies.

Awards & Accolades (1)

Harvard Business Review ranked

ITC Chairman Y C Deveshwar as

the 7th Best Performing CEO in

the World

ITC conferred

Chairman Y C

Deveshwar was

conferred the

Padma Bhushan by

the Government of

India (2011)

7

ITC conferred

the prestigious

‘World

Business and

Development

Award 2012’

at the Rio+20

UN Summit for

its Social and

Farm Forestry

Initiatives

ITC Grand Chola,

the world’s largest

LEED Platinum

rated hotel in the

New Construction

category, launched

in September 2012

Awards & Accolades (2)

Businessworld

FICCI CSR

award in Large

Enterprise

category

AIM Asian CSR

Award by the

Asian Forum

on Corporate

Social

Responsibility

Rainforest Alliance

awarded ITC's

Bhadrachalam Unit,

the Forest

Stewardship

Council Forest

Management

certification

8

Best Overall

Corporate Social

Responsibility

Performance :

Institute of

Public

Enterprise

Hotels awarded

the ‘Most

Trusted Hotel

brand’ in the

Public Choice

Honours

category at the

Times Travel

Honours

Accolades & Awards (3)

• e-Choupal initiative wins global recognition:

– World Development Report 2008 published by

World Bank

– Stockholm Challenge Award 2006 in the Economic

Development category which recognises initiatives

that leverage Information Technology to improve

living conditions and foster economic growth in all

parts of the world.

– First Indian Company and second in the world to win

the Development Gateway Award 2005 for its trail-

9

the Development Gateway Award 2005 for its trail-

blazing e-Choupal initiative

– Corporate Social Responsibility Award from The

Energy and Resources Institute (TERI)

– World Business Award 2004: International Chamber

of Commerce & the HRH Prince of Wales &

International Business forum

– Harvard University case study

– Applauded by the then President of India Dr APJ

Kalam in his “special address during the national

symposium to commemorate 60th year of

Independence”

ITC’s Vision

Sustain ITC’s position as one of India’s most

valuable corporations through world class

performance, creating growing value for the Indian

10

performance, creating growing value for the Indian

economy and the Company’s stakeholders

ITC’s Vision

� Make a significant and growing contribution towards :

• mitigating societal challenges

• enhancing shareholder rewards

By

11

• creating multiple drivers of growth while sustaining leadership in

tobacco and

• focusing on Triple Bottom Line Performance

� Enlarge contribution to the Nation’s

- Financial capital

- Environmental capital

- Social capital

Key Corporate Strategies

� Focus on the chosen business portfolio

– FMCG; Hotels; Paperboards, Paper & Packaging; Agri Business, Information

Technology

� Blend diverse core competencies residing in various businesses to enhance

the competitive power of the portfolio

12

� Position each business to attain leadership on the strength of world class

standards in quality and costs

� Craft appropriate strategy of organisation and governance process to :

– Enable focus on each business and

– Harness diversity of portfolio to create unique sources of competitive advantage

ITC Business Portfolio

FMCG

,

Cigarettes Personal CareFoods Lifestyle Retailing

Education & Stationery Matches Incense Sticks

13

Paperboards, Paper

& PackagingHotels Agri Business

Information

Technology

Strategy of Organisation to manage diversity of Portfolio

Formal 3-tiered governance structure:

• Board of Directors :

Comprising executive (4) and non-executive directors (10)

Strategic supervision

• Corporate Management Committee :

14

• Corporate Management Committee :

Comprising executive directors and senior managers

Strategic management

• Divisional Chief Executive & Divisional Management Committee :

Executive management

FMCG - Cigarettes

ITC’s Cigarettes Business

� Market leadership

� Leadership across all segments - geographic & price

� Extensive FMCG distribution network

16

� Extensive FMCG distribution network

– Direct servicing of 1,00,000 markets & 2 million retail

outlets

� State-of-the-art technology and world class products

Cigarette Industry in India

� Cigarettes account for less than 15% of tobacco consumed in India

unlike world pattern of 85% due to prolonged punitive taxation

– Cigarettes (15% of tobacco consumption) contribute the bulk of

Revenue to the Exchequer from tobacco sector

� 48% of adult Indian males consume tobacco. Only 10% of adult Indian

17

� 48% of adult Indian males consume tobacco. Only 10% of adult Indian

males smoke cigarettes as compared to 16% who smoke biris and 33%

who use smokeless tobacco (Source: Global Adult Tobacco Survey India

2010)

� Annual per capita adult cigarette consumption in India is appx. one

ninth of world average

Per Capita Consumption of Tobacco in India (gms per year)

1145

1256

468

743

18

Source:World Cigarettes – ERC Statistics, Tob Board & Industry Estimates – gms/Yr

Per Capita consumption is ~60% of World Average

China USA Pakistan Nepal India World

438 461 468

Per Capita Cigarette Consumption – per annum

2786

18411711

1028

No. of cigarettes per capita per annum

� Per Capita consumption in India ~11% of World average

Source: The Tobacco Atlas - 4th Edition (American Cancer Society), 2012

Russian Federation Japan China USA Pakistan Nepal Bangladesh India

1028

468 420

154 96

FMCG - Others

20

Drivers of Growth & Value Capture - New FMCG Initiatives

4482

5545

7012Rs. crs

Rapid Scale up of FMCG businesses…

21

2004-05 2005-06 2006-07 2007-08 2008-09 2009-10 2010-11 2011-12 2012-13

5631013

1704

25113014

3642

,

Creating world-class brands for Indian Consumers

22

Branded Packaged Foods

23

Biscuits, Staples, Snacks, Confectionery, Ready to Eat & Noodles

Branded Packaged Foods

� Amongst one of the fastest growing Foods business in the country

– Bakery and Confectionery Foods - Biscuits, Confectionery

– Snack Foods - Savoury Snacks, Noodles and Pasta

– Staples, Spices and Ready to Eat Foods - Atta, Salt, Spices, Ready to Eat (RTE)

– Aashirvaad – Staples (Wheat flour, Salt, Spices),

Ready to Eat – Ready Meals, Instant Mixes

Atta (wheat flour) - #1 in Branded packaged

Atta among national players

� Driven by strong brands-

24

– Sunfeast – Biscuits, Noodles and Pasta

– Bingo! – Yumitos – Potato Chips, Finger Snacks

– Mad Angles, Tedhe Medhe, Tangles

– mint-o & Candyman – Confectionery

– Kitchens of India – Ready Meals, Premium

conserves, chutneys & Cooking sauces

Biscuits - #3 All India

Noodles - #2 All India

Savoury Snacks - #2 All India

Confectionery - #3 in Sugar Confectionery

Ready-to-Eat - Leveraging expertise of Hotels

business. Premium Conserves/Chutneys–

first in India

� Products

– Notebooks

– Writing Instruments (Pen, Pencils etc)

– Scholastic

Education & Stationery

25

– Scholastic products

� Brands

– Classmate

– Paperkraft

Education & Stationery Products Business

� Leverages print and paper know-how to address suitable opportunities in

the stationery market.

� An emerging (currently `̀̀̀11000 crs Stationery) market in India - growth

driven by increasing cross-cultural exposure, government spending on

26

driven by increasing cross-cultural exposure, government spending on

education

� Classmate and Paperkraft continue to gain consumer franchise

– Classmate : Market leader in Notebooks segment

Lifestyle Retailing

27

• Enhanced lustre & premiumness to brand ‘Wills’ to a position of eminence

• Offering a Lifestyle proposition with portfolio straddling multiple genres

- Wills Lifestyle - a fashion destination, offers a choice of super-premium formals for men,

designer, work, relaxed & evening wear and fashion accessories

- John Players embodies the spirit of the modern youth that is playful, fashionable and cool

Lifestyle Retailing

� Upmarket product range available in exclusive Wills Lifestyle stores (95) across

40 cities and more than 500 ‘shop-in-shops’ in leading departmental stores and

multi-brand outlets.

� Strong distribution network in place for the mid-market brand ‘John Players’

– availability in more than 400 Exclusive Branded outlets, 1500 multi branded

28

– availability in more than 400 Exclusive Branded outlets, 1500 multi branded

outlets and departmental stores

� ‘Wills Lifestyle’ rated amongst the Top 5 Luxury brands in India (TIME

magazine)

� ‘John Players’ is the 2nd largest brand in the Youth segment

� ‘Club ITC’ – a ‘pan-ITC’ consumer loyalty programme – is fast gaining traction

among premium clientele of ‘Will Lifestyle’ and ‘ITC Hotels’.

Safety Matches & Incense sticks (Agarbattis)

29

Safety Matches & Incense sticks (Agarbattis)

� Current Safety Matches & Incense sticks industry consumer spend

estimated at ~ ` 6,700 crores

� ‘AIM’ – India’s largest selling Safety Matches brand

� ‘Mangaldeep’ : India’s second largest selling Incense sticks brand

30

� ‘Mangaldeep’ : India’s second largest selling Incense sticks brand

� ITC markets its brands with value-added products across price points

� ITC’s ‘Matches & Incense sticks businesses provide livelihood opportunities

to more than 18000 people

Personal Care

� Brands:

• Essenza Di Wills

• Fiama Di Wills

• Vivel

• Superia

• Engage

� Product portfolio:

31

� Product portfolio:

• Personal Wash

(Soaps, Shower Gel)

• Hair Care

(Shampoo, Conditioner)

• Skin Care

(Skin Cream, Face Wash

etc.)

• Deodorants

• Talc

Personal Care Products

� Current market size estimated at over ` 40,000 crores (growing at 12% p.a.)

� Portfolio approach straddling all consumer segments with 4 umbrella brands

– Essenza Di Wills

– Fiama Di Wills

– Vivel

– Superia

32

– Superia

� Recently launched ‘Engage’ brand in the fast growing deodorants segment well

received

� Laboratoire Naturel – A state-of-the-art consumer and product interaction

centre – leveraged to launch unique and differentiated products

� Products continue to receive encouraging consumer response

Hotels & Tourism

33

Hotels & Tourism

ITC Hotels

• No. 2 in Size

34

• No. 1 in Profitability Margin

Hotels & Tourism industry

� Foreign arrivals into India: ~6.6 million Vs. ~57.7 million in China

– The two nations were on par 2 decades ago

� Today, Beijing alone has as many hotel rooms as the whole of India

� India’s luxury rooms availability lower than even smaller East Asian countries

� Huge potential driven by India’s diversity and economic growth

35

Source: Compendium of Tourism statistics, WTO

0

10000

20000

30000

40000

50000

60000

70000

80000

Hong Kong Bangkok Singapore Malaysia India

Indian Hotel Industry

� Current supply – ~183,000 rooms of which 5 Star category represents

nearly 28% of total inventory

� India needs an additional 50,000 rooms in the next 3/5 years to

service projected tourist arrivals

36

� Present high levels of room inventory in key Indian cities leading to a

relatively weak pricing scenario to persist over the short term

� As infrastructure for trade & commerce improves - potential for

leisure tourism to grow

� Over 95 properties across 66 locations

– 4 Brands – ITC Hotels, WelcomHotel, Fortune & WelcomHeritage

� 16 Five-Star Deluxe/ Five-Star Properties with over 4200 rooms

� 41 Fortune Hotels with over 3300 rooms

� 40 WelcomHeritage Properties with nearly 1000 rooms

ITC Hotels

37

� Exclusive tie-up with Starwood’s Luxury Collection for 10 hotels.

� ‘ITC Hotels’ rated as greenest luxury hotel chain in the world

– ITC Grand Chola - First 5 Star 'Green Rating for Integrated Habitat Assessment'

(GRIHA) rated luxury hotel by the Ministry of New and Renewable Energy

� Projects underway at Bengaluru, Kolkata, Classic Golf Resort (near Gurgaon)

and Hyderabad.

ITC Hotels: World’s Greenest Luxury Hotel Chain

All ITC Luxury Hotels LEED Platinum certified

“Responsible Luxury” ethos weaved into the Brand Identity

Paperboards, Paper

&

39

&

Packaging

Paperboards & Packaging Business

• No. 1 in Size

• No. 1 in Profitability

• No. 1 in Environmental Performance

40

Indian Paperboard market

� Annual paperboard demand – appx. 2.9 million tonnes

� Low per capita usage of paper at around 9 kgs p.a. (world average –

over 55 kgs p.a.)

41

� Indian paperboard market growing at 7.5% p.a.

� Value-added Coated board - the fastest growing segment (12% p.a.)

in India driven by the growing sophistication of the consumer

� Market leader in growth segment – value-added coated boards

� World-class contemporary technology

– Ozone bleached Pulp Mill fully operational – one of its kind in Asia meeting world-class

environmental standards

– Fully integrated with in-house pulping capacity at ~3 lakh MT

� Internationally competitive quality and cost

� Social farm forestry in mill command area to improve access to cost effective fibre &

ITC’s Paperboards, Paper & Packaging businesses

42

� Social farm forestry in mill command area to improve access to cost effective fibre &

to attain self-sufficiency

– Biotech research based high yielding clones – effectiveness tested in approx. 165000

hectares

� Newly commissioned 1 lakh MT per annum Paperboard machine running well

� ITC’s packaging SBU - India’s largest converter of Paperboard into high quality printed

packaging

– Provides superior packaging solutions to the cigarettes and new FMCG businesses

– Leading supplier to Indian FMCG industry

– Fully integrated packaging unit at Haridwar operationalised in Mar-13

Agri Businesses

- Leaf Tobacco

- Agri Commodities

43

- Agri Commodities

Agri Business

• No. 1 in Leaf Tobacco

44

• No. 1 in Leaf Tobacco

• No. 2 in Agri commodities

• Pioneer in rural transformation

Indian Leaf Tobacco industry

� India – the second largest producer of tobacco

� However, India’s share is only at 8% of world tobacco trade

� Upgradation of tobacco consumption from other formats to cigarettes will

enable:

– growing domestic base & larger opportunities for value-added exports

45

� ITC – India’s largest buyer, processor, consumer & exporter of cigarette

tobaccos

– 5th largest leaf tobacco exporter in the world

� Pioneering cultivation of flavourful Flue-cured, superior Burley and

Oriental tobaccos in India

� Robust growth in exports in recent years with improvement in realizations

ITC’s Agri Commodity Business

� Distinctive sourcing capability for ITC’s Foods businesses

� Farm linkages in 17 States covering Wheat, Soya, Potato, Coffee etc.

� Unique Customer Relationship Management programme for commodity customers

in both domestic and international markets

� Leveraging Information Technology for the transformational ‘e-Choupal’ initiative

– Rural India’s largest Internet-based intervention

– Over 40000 villages linked through around 6100 e-Choupals servicing over 4 million

46

– Over 40000 villages linked through around 6100 e-Choupals servicing over 4 million

farmers

e-choupal: Strategic Thrust� Procurement: cost & quality optimisation

– strategic sourcing support to the Foods business (support creation of verticals in wheat,

potato etc.)

– cost-effective sourcing for exports/domestic external business

� Rural retail

– 24 Choupal Saagars operational

ITC: An Exemplar In ‘Triple Bottom Line‘ Performance

– ECONOMIC

47

– ECONOMIC

– SOCIAL

– ENVIRONMENT

ECONOMIC PERFORMANCE

48

ECONOMIC PERFORMANCE

8.4%

13.6%

16.5%

14.2%

19.9%

5 . 0 %

1 0 . 0 %

1 5 . 0 %

2 0 . 0 %

2 5 . 0 %

20000

25000

30000

35000

40000

45000Gross Revenue GOLY

5.6%

24.7%

20.8%

22.4%20.1%

5 . 0 %

1 0 . 0 %

1 5 . 0 %

2 0 . 0 %

2 5 . 0 %

3 0 . 0 %

4000

6000

8000

10000

12000

09

10

11

12

13

PBT GOLY

Performance Trends

CAGR

5 Yrs : 14.5%

3 Yrs : 16.9%

CAGR

5 Yrs : 18.5%

3 Yrs : 21.1%

08-09 09-10 10-11 11-12 12-13 08

-09

09

-10

10

-11

11

-12

12

-13

4.6%

24.4%

22.8%

23.6%20.4%

0 . 0 %

5 . 0 %

1 0 . 0 %

1 5 . 0 %

2 0 . 0 %

2 5 . 0 %

3 0 . 0 %

2500

5000

7500

08

-09

09

-10

10

-11

11

-12

12

-13

PAT GOLY

32.8%

40.6%

43.5%45.4% 45.7%

30.0%

35.0%

40.0%

45.0%

50.0%

08

-09

09

-10

10

-11

11

-12

12

-13

ROCECAGR

5 Yrs : 18.9%

3 Yrs : 22.2%

ITC’s Economic Contribution to the Nation

�10 year Value addition ~ Rs. 1.6 lakh crore (US$ 35 billion)

– ~75% of value addition accrued to the Exchequer

• Among the top tax payers in the nation (Private sector)

• Excise payments represent ~ 7% of India’s total Excise collection

50

�Foreign exchange earnings in the last 10 years: USD 5 bln

– Of which agri exports constituted ~60%

ITC - Key Financials – Q3 2013/14

` crs

Q3 13/14 Q3 12/13 Goly %

Gross Revenue 12223 10825 12.9

Net Revenue 8623 7627 13.1

51

Net Revenue 8623 7627 13.1

PBDIT 3675 3188 15.3

PBIT 3449 2982 15.7

PBT 3440 2957 16.3

PAT 2385 2052 16.3

Q3 2013/14: Segment Revenues

` ` ` ` crs

Q2

2013-14 2013-14 2012-13 %

Segment Revenue (Net)

3724 a) FMCG - Cigarettes 4116 3657 12.5

1962 - Others 2078 1783 16.6

5686 Total FMCG 6194 5440 13.9

Q3GOLY(%)

52

5686 Total FMCG 6194 5440 13.9

247 b) Hotels 315 309 1.9

1772 c) Agri Business 1786 1631 9.5

1179 d) Paperboards, Paper & Packaging 1257 1062 18.5

8884 Total 9553 8442 13.2

1108 Less : Inter segment revenue 930 815 14.1

7776 Net sales / income from operations 8623 7627 13.1

Q3 2013/14: Segment Results

` ` ` ` crs

Q2

2013-14 2013-14 2012-13

2570 a) FMCG - Cigarettes 2653 2234 18.8

(13) - Others 10 (24)

2557 Total FMCG 2663 2210 20.5

9 b) Hotels 62 55 12.1

Q3GOLY(%)

53

9 b) Hotels 62 55 12.1

285 c) Agri Business 205 173 19.0

221 d) Paperboards, Paper & Packaging 232 229 1.4

3071 Total 3162 2666 18.6

(33) Less: i) Finance Costs 9 25 (63.7)

(130) ii) Other Unallocable Exp. / (Inc.) - Net (287) (316) (9.1)

3234 Profit Before Tax 3440 2957 16.3

YTD Dec’13: Segment Revenues

` ` ` ` crs

2013-14 2012-13 %


a) FMCG - Cigarettes 11377 10347 10.0

- Others 5785 4947 16.9

YTD Dec 13GOLY(%)

54

- Others 5785 4947 16.9

Total FMCG 17162 15293 12.2

b) Hotels 812 759 7.1

c) Agri Business 5748 5346 7.5

d) Paperboards, Paper & Packaging 3599 3179 13.2

Total 27321 24578 11.2

Less : Inter segment revenue 3584 3152 13.7

Net sales / income from operations 23737 21425 10.8

YTD Dec’13: Segment Results

` ` ` ` crs

2013-14 2012-13

Segment Results


- Liab. no longer reqd. written back 158 0

FMCG - Cigarettes 7464 6214 20.1

- Others (21) (93) 77.2

Total FMCG 7443 6120 21.6

b) Hotels 80 97 (17.7)

YTD Dec 13GOLY(%)

55

b) Hotels 80 97 (17.7)


d) Paperboards, Paper & Packaging 704 776 (9.2)

Total 8916 7597 17.4

Less: i) Finance Costs 28 62 (54.7)

Liab. no longer reqd. written back (35) 0

Finance Costs (7) 62 NA

ii) Other Unallocable Exp. / (Inc.) - Net (514) (420) 22.3

Profit Before Tax 9436 7955 18.6

YTD Dec’13: Segment Capital Employed

` ` ` ` crs

2013-14 2012-13

Capital Employed


- Others 3167 2358 34.3

Total FMCG 8386 6883 21.8

YTD Dec 13GOLY(%)

56

Total FMCG 8386 6883 21.8

b) Hotels 3576 3416 4.7



Total Segment Capital Employed 18939 16494 14.8

ITC - Key Financials – 2012/13

` ` ` ` crsFY 12/13

Actuals

FY 11/12

ActualsGoly %

Gross Revenue 41810 34872 19.9

Net Revenue 29606 24798 19.4

57

Net Revenue

PBDIT 11566 9674 19.6

PBIT 10771 8975 20.0

PBT 10684 8898 20.1

PAT 7418 6162 20.4

2012/13: Segment Revenues

` ` ` ` crores

FY 13 FY 12 Goly%



- Others 6983 5526 26.4

Total FMCG 20953 17850 17.4

b) Hotels 1074 1006 6.8

58



Total 33464 28475 17.5

Less : Inter segment revenue 3859 3676 5.0

Net sales / income from operations 29606 24798 19.4

2012/13: Segment Results

` ` ` ` crores

FY 13 FY 12 Goly%

Segment Results


- Others (81) (195) 58.4

Total FMCG 8245 6712 22.8

b) Hotels 138 279 (50.7)

59



Total 10078 8571 17.6

Less: i) Interest (Incl other Finance Cost) 86 78 11.0

ii) Other net un-allocable expenditure/ income (693) (404) 71.6

Profit Before Tax 10684 8898 20.1

2012/13: Segment Capital Employed

` ` ` ` crores

FY 13 FY 12 Goly%

Capital Employed


- Others 2532 1989 27.3

Total FMCG 7485 5588 33.9

60

Total FMCG 7485 5588 33.9

b) Hotels 3460 3238 6.9

c) Agri Business 1257 1702 (26.2)


Total Segment Capital Employed 17160 14881 15.3

SOCIAL PERFORMANCE

61

SOCIAL PERFORMANCE

Social Impact

� Direct employment ITC Group : 30,000

� Indirect employment across the value chain : 5 million

� e-choupal: world’s largest rural digital infrastructure serving over 4

million farmers

� Social and Farm forestry initiative has greened nearly 165,000

62

� Social and Farm forestry initiative has greened nearly 165,000

hectares & provided approx. 64 million person-days of employment

among tribals & marginal farmers

� Significant thrust on social sector investments– Natural resource management

– Sustainable livelihoods

– Community development programmes in the economic vicinity of

operating locations

ENVIRONMENTAL PERFORMANCE

63

ENVIRONMENTAL PERFORMANCE

Environmental Impact

� Carbon positive enterprise – 8th year in a row

– Sequestering/storing more than the amount of CO2 that the company emits

� Water positive - 11th year in a row

– Creating over twice rainwater harvesting potential than ITC’s net consumption

� Solid waste recycling positive – 6th year in a row

64

� Solid waste recycling positive – 6th year in a row

� Over 40% of total energy consumed is from renewable sources

Only Company in the world to achieve all 3 key indices of

environmental sustainability

Forward-looking Statements

Statements in this presentation describing the Company’s objectives, future prospects,

estimates, expectations etc. may be “forward looking statements” within the meaning

of applicable securities laws and regulations. Investors are cautioned that “forward

looking statements” are based on certain assumptions of future events over which the

Company exercises no control. Therefore there can be no guarantee as to their

accuracy. These statements involve a number of risks, uncertainties and other factors

that could cause actual results to differ materially from those that may be projected

65

that could cause actual results to differ materially from those that may be projected

or implied by these forward looking statements. Such risks and uncertainties include,

but are not limited to: growth, competition, acquisitions, domestic and international

economic conditions affecting demand, supply and price conditions in the various

businesses in the Company’s portfolio, changes in Government regulations, tax

regimes and other statutes, and the ability to attract and retain high quality human

resource.

ITC Corporate Presentation - Century

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Transcript of ITC Corporate Presentation - Century