ITC Aims to Meet 100% of Electrical Energy Needs from Renewable Sources.
ITC Limited has set itself the target to meet 100% of purchased grid electricity requirements from renewable sources by 2030. In line with its philosophy of 'Responsible Competitiveness', the company has adopted a low carbon growth strategy which encompasses a large renewable energy footprint. At present ITC meets over 40% of its electrical energy requirement
ITC Limited has set itself the target to meet 100% of purchased grid electricity requirements from renewable sources by 2030. In line with its philosophy of 'Responsible Competitiveness', the company has adopted a low carbon growth strategy which encompasses a large renewable energy footprint. At present ITC meets over 40% of its electrical energy requirement through renewable sources like wind, solar and biomass. As a part of its Sustainability 2.0 Vision, ITC is planning to invest further in strengthening its renewable energy portfolio in order to contribute meaningfully to the fight against climate change. Sanjiv Rangrass, Group Head -R&D, Sustainability and Projects, ITC Limited said, “Since making sustainability a core objective in all business operations two decades ago, we have worked on a low carbon growth plan, in which expanding our renewable energy portfolio is our top priority. To pursue continuous improvement in energy and emission related performance, we have taken up specific energy and Greenhouse Gas emission reduction targets. The results of our 360-degree sustainability initiatives are manifest in the Company's decade-long achievements even as our businesses expand rapidly together with the creation of 6 million sustainable livelihoods.”
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