ITC Limited, commonly referred to as ITC, is a prominent Indian conglomerate headquartered in Kolkata, West Bengal. Founded in 1910, ITC has evolved into a diversified entity with significant operations across various sectors, including FMCG, hotels, packaging, paperboards, and agribusiness. The company is renowned for its flagship brands in the FMCG sector, such as Aashirvaad, Sunfeast, and Bingo!, which are distinguished by their quality and innovation. ITC's commitment to sustainability and responsible business practices has positioned it as a leader in the Indian market, earning accolades for its environmental initiatives and community engagement. With a strong market presence and a robust distribution network, ITC continues to achieve notable milestones, reinforcing its status as a key player in the Indian economy.
How does Itc's carbon action stack up? DitchCarbon scores companies based on their carbon action and commitment to reducing emissions. Read about our methodology to learn more.
Mean score of companies in the Business Services industry. Comparing a company's score to the industry average can give you a sense of how well the company is doing compared to its peers.
Itc's score of 12 is higher than 87% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2023, ITC reported total carbon emissions of approximately 1,350,000,000 kg CO2e for Scope 1, 231,000,000 kg CO2e for Scope 2, and 295,000,000 kg CO2e for Scope 3 emissions. This represents a comprehensive approach to emissions reporting, covering all three scopes. In 2024, ITC's emissions showed a slight reduction in Scope 1 to about 1,141,000,000 kg CO2e, while Scope 2 remained constant at 231,000,000 kg CO2e, and Scope 3 emissions decreased to approximately 253,000,000 kg CO2e. Despite these figures, ITC has not disclosed specific reduction targets or initiatives under the Science Based Targets initiative (SBTi) or other climate pledges. The company has reported emission intensities, with Scope 1 and 2 intensity per rupee of turnover adjusted for Purchasing Power Parity (PPP) at 0.000051 in 2023 and 0.000045 in 2024, indicating a focus on improving efficiency relative to revenue. Overall, ITC's commitment to addressing carbon emissions is evident through its detailed reporting, although further clarity on specific reduction targets would enhance its climate strategy.
Access structured emissions data, company-specific emission factors, and source documents
Add to project2023 | 2024 | |
---|---|---|
Scope 1 | 1,350,000,000 | 0,000,000,000 |
Scope 2 | 231,000,000 | 000,000,000 |
Scope 3 | 295,000,000 | 000,000,000 |
Companies disclose and commit to reducing emissions to show they are serious about reducing emissions impact over time. They can also help a company track its progress over time.
Itc is not committed to any reduction initiatives we track. This may change over time as the company engages with new initiatives or updates its commitments. DitchCarbon will update this information as it becomes available.