Sunday, Feb 06, 2005
Sunday, Feb 06, 2005 |
| Business | ||||
|
News:
Front Page |
National |
Tamil Nadu |
Andhra Pradesh |
Karnataka |
Kerala |
New Delhi |
Other States |
International |
Opinion |
Business |
Sport |
Miscellaneous |
Engagements |
Advts: Classifieds | Employment | Obituary | Business
By Our Special Correspondent
KOLKATA, FEB. 5. ITC is on its way to becoming a carbon positive company through energy conservation and carbon sequestration, according to the recently released `sustainability report'. The report released by the Chairman, Y. C. Deveshwar, makes ITC one of the first Indian companies to come out with a detailed presentation on its contribution across economic, ecological and social dimensions. Referred to commonly as the `triple bottomline', the guidelines were jointly formulated by the U.S. NGO `Coalition for Environmentally Responsible Economies (CERES) and the United Nations Environment Programme (UNEP). A company release said that large scale plantations reared under ITC's farm and social forestry projects enabled it to neutralise 31 per cent of all carbon dioxide emissions from its operations in 2003-04. Carbon dioxide emissions have been substantially reduced by meeting energy requirement from climate neutral fuels. All ITC units are striving to minimise and recycle solid waste with 53 per cent of the wastes being recycled now, the release said. In 2004, the company created a total rainwater harvesting potential of 16.1 million kilolitres with the company consuming only half of this. Besides being a sustainable source of raw materials for ITC's paperboards business, the company's social and farm forestry programmes help tribals rejuvenate their wastelands generating livelihood. The release claimed that by 2004, an estimated two lakh people had benefited from these employment generation activities.
Printer friendly
page
News:
Front Page |
National |
Tamil Nadu |
Andhra Pradesh |
Karnataka |
Kerala |
New Delhi |
Other States |
International |
Opinion |
Business |
Sport |
Miscellaneous |
Engagements |
|
|
|
The Hindu Group: Home | About Us | Copyright | Archives | Contacts | Subscription Group Sites: The Hindu | Business Line | The Sportstar | Frontline | The Hindu eBooks | The Hindu Images | Home |
Copyright © 2005, The
Hindu. Republication or redissemination of the contents of
this screen are expressly prohibited without the written consent of
The Hindu
|
