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ITC strengthens its initiatives in water stewardship
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SME Times News Bureau | 05 Jun, 2020
ITC Limited is rapidly scaling up its integrated watershed development
and environmental resources replenishment initiatives through
partnerships with various state governments. These partnerships will be
largely focussed on water stewardship and biodiversity conservation.
Over
the past decades, ITC has demonstrated environmental stewardship by not
only ensuring efficient use of resources but also by augmenting
precious natural capital.
ITC has the distinction of being the
only company in the world to be carbon positive for over 14 years, water
positive for over 17 years and solid waste recycling positive for over
12 years. Over 41 per cent of the energy consumed by ITC is met through
renewable sources.
ITC's afforestation programme has greened over
7,76,000 acres. Its watershed development initiatives have covered over
1 million acres, whilst its solid waste management programme Well Being
out of Waste (WoW) covers over 1 crore citizens across the country.
Commenting
on the company's resolve to reinforce its environment sustainability
initiatives, Chitranjan Dar, corporate management committee member of
ITC, said, "Going forward, our focus on sustainability and environment
stewardship would gain larger significance in the post-Covid-19 period.
The lockdown period has witnessed nature healing herself and going
forward, and citizens will expect corporates to demonstrate larger steps
to replenish and preserve the environment."
"At ITC, we believe
that expanding interventions in environment replenishment and addressing
climate change will be critical for a sustainable future," he added.
ITC's
extensive watershed programme covers more than 1,000,000 acres across
India. Under this programme, the company has adopted a comprehensive
approach focussed on supply augmentation and demand side management.
Supply augmentation covers area treatment, water harvesting, groundwater
recharge and biodiversity conservation and demand side management aims
at improving water use efficiency in principal crops of area.
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