How ITC is Building Towards Net Zero

MADHULIKA SHARMA, Chief Sustainability Officer at ITC, outlines the company's strategic shifts across emissions, resilience, circularity and ESG leadership.

- MADHULIKA SHARMA

AS INDIA advances its decarbonisation efforts, companies across sectors are reimagining their strategies to align with the country's climate ambitions.

Among them, ITC remains one of the most structured in its approach, pursuing a low-carbon growth path anchored in resilience, circularity, and regenerative practices. With net-zero operations targeted by 2050, the company is actively advancing both near-and long-term goals that integrate environmental sustainability into its core business model.

The company’s approach goes far beyond compliance. “ITC has pursued a triple bottom line business model that embeds sustainability at its core. ITC calls this paradigm Responsible Competitiveness,” she says.

Energy & Emissions

ITC’s decarbonisation roadmap focuses on a continuous reduction in specific energy consumption, an increasing share of renewable energy, and the development of green infrastructure. The company has already met its target of sourcing 50 per cent of its total energy from renewables, achieving 52 per cent in FY2024-25. Similarly, 53 per cent of its purchased grid electricity is now renewable, backed by approximately 175 MW of installed capacity.

In terms of emissions intensity, ITC has made significant headway. Its greenhouse gas (GHG) emissions (Scope 1 and 2) per unit of turnover have decreased by approximately 46 per cent, while energy intensity has dropped by more than 30 per cent from the FY 2018-19 baseline. These improvements place all its businesses on track to meet their respective targets.

Cutting Emissions