ITCNSE3 December 2022

ITC Limited

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Key numbers — 40 extracted
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xchange Plaza, Plot No. C-1, G Block Bandra-Kurla Complex Bandra (East) Mumbai 400 051 Dear Sirs, Participation at ESG Conference We write to advise, pursuant to Regulation 30 of the SEBI (Listing
RS 2021
First 8 hotels in the world to be LEED Zero carbon AWS Certification for Malur 2022 ITC MAARS 2021 > Watershed reaching over 300,000 acres > Sustainability Policies ITC Hotels LEED Platinum certif
17%
sentative image. Not to scale ITC’s Sustainability Vision #1 India: Limited Natural Resources 17% World Population 4% Water Resources 2.4% Land Mass <2% Global Forest Resources Critica
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scale ITC’s Sustainability Vision #1 India: Limited Natural Resources 17% World Population 4% Water Resources 2.4% Land Mass <2% Global Forest Resources Critical to Replenish Environm
2.4%
bility Vision #1 India: Limited Natural Resources 17% World Population 4% Water Resources 2.4% Land Mass <2% Global Forest Resources Critical to Replenish Environmental Resources Code Re
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India: Limited Natural Resources 17% World Population 4% Water Resources 2.4% Land Mass <2% Global Forest Resources Critical to Replenish Environmental Resources Code Red on Climate Chan
90%
lnerable, followed by the Eastern Zone, to extreme climate events Extreme Weather witnessed on ~90% of days in the first 9 months of 2022 Climate change has made India’s heat wave 100 times mor
12 million
ry have harvested in the past 8,000 years • Large proportion of world’s poor live in India • 12 million youth join workforce every year | 7 | Business cannot succeed in societies that fail Enduring
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ENESS | 9 | An Exemplar in Triple Bottom Line Performance Carbon Positive Water Positive 17 years 20 years Solid Waste Recycling Positive 15 years ~42 % of Total Energy from Renewable Sources Sust
42 %
e Carbon Positive Water Positive 17 years 20 years Solid Waste Recycling Positive 15 years ~42 % of Total Energy from Renewable Sources Sustainable Livelihoods for 6 million people Sustainabilit
6 million
cling Positive 15 years ~42 % of Total Energy from Renewable Sources Sustainable Livelihoods for 6 million people Sustainability 2.0 – A Bold Agenda for a Secure Tomorrow | 10 | Recognition of Sustainabi
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Addressing Climate Risk & Competitiveness #2 Mitigation | Decarbonisation Renewable Energy – 42% of energy consumed Large scale Sequestration 40 Platinum rated Green Buildings 9 LEED Zero Carb
Risks & concerns — 1 flagged
Strengthening DISCLOSURES Addressing Climate Risk & Competitiveness #2 Mitigation | Decarbonisation Renewable Energy – 42% of energy consumed Large scale Sequestration 40 Platinum rated Green Buildings 9 LEED Zero Carbon Certification Continuous Reduction in Specific Energy/Water Consumption Adaptation: A Critical Imperative • With Current Policies : + 2.7oC • With Pledges & Targets : + 2.0oC • Best Case Scenario : + 1.8oC “We can do little to avoid the coming climate breakdown.
Innovative Business Models that pursue
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Innovative Business Models that pursue
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THE EARLIER YEARS
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Precision Agriculture
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Governance
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Opening remarks
Innovative Business Models that pursue
✓ Extreme Competitiveness ✓ Growth with Livelihoods ✓ Growth with Climate Action RESPONSIBLE COMPETITIVENESS | 9 | An Exemplar in Triple Bottom Line Performance Carbon Positive Water Positive 17 years 20 years Solid Waste Recycling Positive 15 years ~42 % of Total Energy from Renewable Sources Sustainable Livelihoods for 6 million people Sustainability 2.0 – A Bold Agenda for a Secure Tomorrow | 10 | Recognition of Sustainability Performance ITC rated AA by MSCI-ESG Rated AA every year since 2018 ITC has been included in the Dow Jones Sustainability Emerging Markets Index Rated at the ‘Leadership Level’ by CDP with scores of ‘A-‘ for both Climate Change and Water Security AWS Platinum-level certification ITC PSPD unit, Kovai, first in India ICML, Malur 8 ITC hotels and Data Centre first in the world to get LEED Zero Carbon Certification Our Sustainability Strategy Objective ➢ Going beyond risk mitigation and leveraging opportunities ➢ Reinforcing Sustainability as an integral part of B
THE EARLIER YEARS
E-CHOUPAL ECOSYSTEM Empowering 4 Million Farmers ITC in Agriculture : Baareh Mahine Hariyali Leveraging Technology & Innovation to Enhance Productivity Varietal Improvement Choupal Pradarshan Khet Zero Tillage Short Duration Varieties Water Management Cropping Intensity Agri Best Practices Farm Mechanisation Collaboration with NITI Aayog for improvement of agriculture in 27 aspirational districts – 3.4 million farmer interactions Climate Smart Agriculture | ITC Next Weather Smart Water Smart Seed / Breed Smart Carbon/ Nutrient Smart Market Smart Covered over 1.5 million acres Case Study: Madhya Pradesh GHG emission of select crops by 13% to 66%, whilst enhancing net returns to farmers between 46% to 93%. DIGITAL TECHNOLOGIES CAN TRANSFORM THE FARMING JOURNEY Rapid Quality Assaying Image Analytics IoT Sensors Soil Health and Agri- Produce Quality Real-time Identification of Pest and Expert resolution
Precision Agriculture
AI/ML models of Farming Digital Agri Supply Chain Agri Drones Demand backed production, delayering value chain Optimized chemical usage, Crop- monitoring, Farm mapping DIGITAL & SUSTAINABILITY WILL BE THE MEGATRENDS OF THE FUTURE: SANJIV PURI ITC Next Metamarket for Advanced Agriculture & Rural Services ITCMAARS PHYGITAL MODEL: CURRENT SCALE Physical 460+ FPOs 1500+ ITC Field Teams 3 lakh acres Demo Plots Engagement Centres in 9 states Digital AI / ML Led Tech Based Crop Personalized Crop Advisory Advisory E-platform for Agri Inputs E-marketplace for outputs Digitally Enabled E-nabled Rural Services Rural Services ITC MAARS ECOSYTEM Digital Empowerment of Farmers > Improved Yields > Reduced Cost of Production > Improved Price Realisation > Enhanced Income Establishing FPOs AI / ML Led Personalized Crop Advisory Digitally Enabled Inputs Digitally Enabled Market Access Digitally Enabled Rural Services 3X accelerated FPO creation through on-ground support Training for quality evaluation O
Governance
Trusteeship Transparency Ethical Conduct #7 Governance : Strategy of Organisation 3-Tiered Governance Structure Trusteeship, Transparency, Ethical Conduct Audit Committee Nomination & Compensation Committee Independent Directors Committee Securityholders Relationship Committee Strong Governance Mechanisms for Cascading Sustainability Strategy Board Committee on CSR & Sustainability 16 Board approved sustainability policies Corporate Management Committee (CMC) Headed by Chairman & Managing Director Sustainability Compliance Review Committee (SCRC) Chaired by Group Head Sustainability & CMC Members Divisional Management Committees (DMC) Divisional Sustainability SPOCs Corporate Sustainability Businesses ESG Reporting: Highest Standards of Transparency & Disclosure 19 years of ESG reporting experience… ITC Sustainability & Integrated Report 2022 | Executive Summary 2022 Reporting aligned to Global Frameworks ITC Report & Accounts, and Business Responsibility & Sustainability Report 2022 R
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