ITI Limited has released its Business Responsibility and Sustainability Report for the financial year 2024-25. The report, which is also part of the Annual Report 2024-25, details the company’s initiatives and performance related to environmental, social, and governance (ESG) factors. The report is accessible on the company’s website, providing stakeholders with insights into ITI’s commitment to sustainable and responsible business practices. Key areas of focus include ethical governance, environmental stewardship, and employee well-being.
Sustainability Initiatives Overview
ITI Limited’s Business Responsibility and Sustainability Report for FY 2024-25 provides a comprehensive overview of the company’s performance in integrating environmental and social considerations into its business operations. The report highlights ITI’s dedication to ethical conduct, transparency, and accountability, aligning with national guidelines on responsible business conduct.
Key Highlights from the Report
- The company emphasizes ethical governance, ensuring transparent and accountable business practices.
- ITI Limited is focused on integrating environmental and social principles into its business to benefit all stakeholders.
- The company coordinates sustainability efforts across its value chain, plant operations, and product development.
- Regular initiatives are conducted to raise awareness of ESG principles.
Workforce and Social Measures
The report includes details of the workforce composition, highlighting that as of the end of FY 2024-25, ITI Limited had a total workforce of 1017 employees, with 767 males and 250 females. The company also reports on measures for differently-abled employees and workers. It further provides insights into training programs, health and safety measures, and initiatives for promoting employee well-being.
Environmental Stewardship
ITI Limited is committed to environmental stewardship, with initiatives focused on sustainable sourcing, waste management, and reducing greenhouse gas emissions. The company has implemented measures to improve energy efficiency, conserve water, and manage waste effectively. ITI is actively engaged in projects related to renewable energy sources, contributing to a reduction in carbon emissions progressively.
Commitment to Ethical Practices
ITI Limited emphasizes ethical practices, transparency, and accountability in its operations. The company follows SEBI Regulations and DPE Guidelines on Corporate Governance and CVC Guidelines to ensure ethical, transparent, and accountable business conduct.
Accessing the Full Report
The complete Business Responsibility and Sustainability Report FY 2024-25 is available for review and download on the ITI Limited website. This report provides stakeholders with detailed insights into the company’s sustainability performance and its commitment to responsible business practices.
Source: BSE