CSR of ITC
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This presentation discusses corporate social responsibility (CSR) and initiatives by ITC Ltd. CSR refers to voluntary actions companies take to benefit society and the environment. Companies have a responsibility to society because society supports businesses. ITC is a large, diversified Indian company with operations in cigarettes, hotels, agriculture, and fast-moving consumer goods. ITC's CSR initiatives include e-Choupal to provide farmers information, integrated agriculture planning to improve yields, women's empowerment through microcredit groups, and supporting primary education through learning centers, uniforms, and rural libraries.
CSR of ITC
- 2. PRESANTATION FLOW What is CSR ? Why CSR ? INTRODUCTION TO ITC. INTIATIVES OF ITC.
- 3. What is CSR ? Csr is concept where by the companies decide voluntary to contribute to a better society and a cleaner enviorment Csr is represented by the contribution undertaken by the company to society through its business activities and its social investment. In short, it is the responsibility of business towards society
- 4. Why Csr ? Society has contributed to developing the business by purchasing their products. So it is business’s responsibility to give so me return to society for their loyalty toward the company.
- 5. ITC ITC is one of India's foremost private sector companies with a market capitalization of over US $ 30 billion and a turnover of US $ 6 billion. ITC has a diversified presence in Cigarettes, Hotels, Paperboards & Specialty Papers, Packaging, Agri- Business, Packaged Foods & Confectionery, Information Technology, Branded Apparel, Personal Care, Stationery, Safety Matches and other FMCG products.
- 6. Initiatives of ITC E-choupal Integrated Agriculture Planning Women’s empowerment. Primary education.
- 7. e-Choupal The programe involves the installation of computers with Internet access in rural areas of India to offer farmers up-to-date marketing and agricultural information. 4 million farmers empowered, 6,500 e - Choupals installed
- 8. Integrated Agriculture Planning ITC provides facilities to farmers to form agri-business society, pool knowledge and rescores improve productivity and quality and reach beyond to local markets to sell at better rates 114,428 hectares greened, generating 51.48 million person’s employment
- 9. WOMEN EMPOWERMENT ITC has organized village women into micro-credit groups. Group members make monthly contributions to create a savings amount.
- 10. cont The amount is used to extend soft loans to group members, thereby eliminating the stranglehold of the moneylender. The system of mandatory contribution further strengthens the savings habit, leading to capital augmentation
- 11. cont ITC provides training to group members to handle bank accounts and take their own decisions, including sanction of loans to fellow- members and collection of repayments. ITC in the form of seed money for self- employment activities. Venture funds provided by ITC have already made hundreds of women entrepreneurs. Their earnings, ranging from Rs 70 to Rs 150 per day, not only supplement household incomes but also significantly enhance their self-esteem
- 12. PRIMARY EDUCATION ITC t is making significant contributions in its operational areas to ensure minimization of school drop-outs by providing support to state-run primary schools.
- 13. Cont A total of 674 supplementary learning centers, up from 71 in 2004-05 were provided extra coaching . 1,696 children from poor families received school uniforms. 8,969, text/exercise books. A network of 52 rural libraries and resource centers enriched the process of learning for these children.