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Uploaded Date: 10 July 2020

CSR of ITC


According to the Annual report of ITC Limited, company total CSR expenditure for the financial year 2018-19 stood at Rs. 306.95 crores. Prescribed CSR expenditure is Rs. 306.55 crores for FY 2018-19.

company mainly focus on following CSR areas enhancing environmental and natural capital; supporting rural development; promoting education and vocational skills; providing preventive healthcare; providing sanitation and drinking water; creating livelihoods for people, especially those from disadvantaged sections of society, in rural and urban India; preserving and promoting traditional art and culture and promoting sports.

ITC Limited contribution towards COVID-19

Recently ITC limited contributed Rs. 150 Cr. towards COVID-19. 

Covid-19 CSR by top indian companies in 2020

About ITC Limited Company

  • ITC has a diversified presence in the following business areas - Fast Moving Consumer Goods, Hotels, Paperboards and Packaging, Agri-Business, and Information Technology. 
  • The Company is acknowledged as one of India's most valuable business corporations with a market capitalization of nearly US $ 27.90 billion and a gross sales value of USS 10.74 billion (figures as on 31.03.2020).
  • ITC is the country's leading FMCG marketer, the clear market leader in the Indian Paperboard and Packaging industry, a globally acknowledged pioneer in farmer empowerment through its wide-reaching Agri-Business, a pre-eminent hotel chain in India that is a trailblazer in 'Responsible Luxury'. 
  • ITC's new Consumer Goods Businesses have established a vibrant portfolio of 25 world-class Indian brands that create and retain value in India. 
  • ITC's world-class FMCG brands including Aashirvaad, Sunfeast, Yippee!, Bingo!, B Natural, ITC Master Chef, Fabelle, Sunbean, Fiama, Engage, Vivel, Savlon, Classmate, Papercraft, Mangaldeep, Aim, and others have garnered encouraging consumer franchise within a short period. 

ITC CSR ACTIVITIES 2020

1. Promoting Preventive Healthcare, Sanitation & Poverty Alleviation - Eradicating hunger, poverty, and malnutrition, promoting health care including preventive health care and sanitation including contribution to the Swachh Bharat Kosh set-up by the Central Government for the promotion of sanitation and making available safe drinking water.

2. Livelihood Enhancement - Promoting education, including special education and employment enhancing vocation skills especially among children, women, elderly, and the differently-abled and livelihood enhancement projects.

3. Economic Empowerment of Women - Promoting gender equality, empowering women, setting up homes and hostels for women and orphans; setting up old age homes, daycare centers, and such other facilities for senior citizens and measures for reducing inequalities faced by socially and economically backward groups.

4. Ensuring Environmental Sustainability - Ensuring environmental sustainability, ecological balance, protection of flora and fauna, animal welfare, agroforestry, conservation of natural resources and maintaining quality of soil, air and water including contribution to the Clean Ganga Fund set-up by the Central Government for rejuvenation of river Ganga.

5. Protection of National Heritage, Art & Culture - Protection of national heritage, art and culture, including restoration of buildings and sites of historical importance and works of art, setting up public libraries, promotion and development of traditional arts and handicrafts

6. Rural Development - Rural Development projects.

itc csr activirties 2020 detail statement

Last 5 years Details of CSR expenditure of ITC Limited

In financial year 2018-19

  • Average Net Profit of the company for the last three financial years:  Rs. 15327.74 crores
  • Prescribed CSR Expenditure (two percent of the amount as in item above): Rs. 306.55 crores for FY 2018-19
  • Details of CSR Spent during the financial year: The total CSR expenditure for the financial year 2018-19 stood at  Rs. 306.95 crores.

In financial year 2017-18

  • Average Net Profit of the company for the last three financial years: Rs. 14523.40 crores
  • Prescribed CSR Expenditure (two percent of the amount as in item above): Rs. 290.47 crores for FY 2017-18
  • Details of CSR Spent during the financial year: The total CSR expenditure for the financial year 2017-18 stood at Rs. 290.98 crores. 

itc limited total csr expenditure of past 5 year data

In financial year 2016-17

  • Average Net Profit of the Company for the last three financial years: Rs. 13763.29 crores.
  • Prescribed CSR Expenditure (two percent of the amount as in item above): Rs. 275.27 crores for FY 2016-17.
  • Details of CSR Spent during the financial year: The total CSR expenditure for the financial year 2016-17 stood at Rs. 275.96 crores. 

In financial year 2015-16

  • Average Net Profit of the Company for the last three financial years: Rs. 12338.22 crores.
  • Prescribed CSR Expenditure (two percent of the amount as in item above): Rs. 246.76 crores for FY 2015-16.
  • Details of CSR Spent during the financial year: The total CSR expenditure for the financial year 2015-16 stood at Rs. 247.50 crores. 

In financial year 2014-15

  • Average Net Profit of the Company for the last three financial years: Rs. 10,646.11 crores.
  • Prescribed CSR Expenditure (two percent of the amount as in item above): Rs. 212.92 crores for FY 2014-15.
  • Details of CSR Spent during the financial year: The total CSR expenditure for the financial year 2014-15 stood at Rs. 214.06 crores.

itc csr full details of past 5 years

 

 

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