Sustainability Initiatives at ITC Ltd. |
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» Business Ethics Case Studies Please note: This case study was compiled from published sources, and is intended to be used as a basis for class discussion. It is not intended to illustrate either effective or ineffective handling of a management situation. Nor is it a primary information source. |
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Introduction Contd...
To achieve this status, the company reportedly undertook several initiatives such as forestry programs meant to convert wasteland into high yielding plantations and thereby enabling carbon dioxide sequestration11.
10] A company is considered carbon positive when it eliminates more carbon dioxide from the atmosphere through afforestation programmes, than the sum of the carbon emitted by the company through its operations. When a company generates more fresh water through various water harvesting methods than it consumes in its factories, then it achieves the water positive status. A company that achieves this is either able to utilize its entire waste as raw material for some other industry, or recycle it for use again in the factory. (Source: Surajeet Das Gupta,
"Waste to Wealth: ITC's Success Story,"http://www.rediff.com, February 11, 2006.) |
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