ITC: A Global Model in Sustainability

Case Code: BSTR609
Case Length: 17 Pages
Period: 1910-2019
Pub Date: 2020
Teaching Note: Available

Price: Rs.500
Organization : ITC Limited
Industry : Conglomerate
Countries : India
Themes: Sustainability, Sustainable Development

Abstract Case Intro 1 Case Intro 2 Excerpts

Introduction

On October 25, 2019, ITC Limited (ITC), an Indian multinational conglomerate, was ranked No.1 amongst global peers (comprising companies with market capitalization of between $38 billion and $51 billion) and No.3 overall on ESG performance' in the Food Products industry by global ESG rating company Sustainalytics. The rankings were in recognition of ITC's superior Environmental, Social, and Governance models. Besides, ITC was rated AA by MSCI-ESG , which was the highest rating for global tobacco companies and which also put it ahead of fast-moving consumer goods (FMCG) peers...

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