FY 2023-24

In FY 2023-24 ITC Limited spent ₹404.05 crore on CSR against a 2% obligation of ₹403.47 crore.

Period: Apr 2023 - Mar 2024.

• Obligation (2% rule): ₹403.47 crore
• Spent in the year: ₹404.05 crore (projects ₹380.44 crore, admin overheads ₹20.2 crore, impact assessment ₹3.41 crore)
• Set aside for ongoing projects (Unspent CSR Account): ₹0 crore
• Transferred to a Schedule VII fund: ₹0 crore
• Spent above this year's obligation (money set aside counts as spent): ₹0.58 crore
• Environment spend: not disclosed

Main programmes

• Water Stewardship: watershed area up 1.68 lakh acres in year (cumulative 16.38 lakh acres); Karnataka Watershed Dept partnership: government started work on 142 watersheds covering 3 lakh acres after ITC training (as reported)
• Climate Smart Agriculture: 27.94 lakh acres, 85 districts in 19 states, 10.5 lakh farmers (cumulative programme coverage); new partnerships with Rajiv Gandhi Mission for Watershed Management (35 MP districts) and MP Farmer Welfare Dept (6 districts)
• Livestock: about 1.2 lakh artificial inseminations in year; dairy support to about 66,495 cattle of 43,212 farmers in 483 villages (Bihar, West Bengal, Jharkhand)
• Women empowerment: about 71,000 poor women reached in year (cumulative 1.92 lakh); financial literacy project in all 52 districts of Madhya Pradesh with MPSRLM and CRISIL Foundation
• Primary education in 34 districts of 15 states: over 4.1 lakh children in year; 590 government schools and Anganwadis given infrastructure support
• Skilling: 12,500 youth trained in 33 districts of 16 states in year (cumulative over 1.12 lakh)
• Mother and child health and nutrition: about 14.61 lakh beneficiaries in 22 districts of 8 states
• Sanitation and hygiene: school programme covered about 12,500 schools and about 26 lakh students

Trees and greening

• Social Forestry: over 33,900 acres in year; 16 districts in 6 states; cumulative 4.9 lakh acres, 7,400 villages, 1.87 lakh households (Social plus Farm Forestry cumulative 11.66 lakh acres); fruit and commercial species plantations over 16,200 acres to date
• Biodiversity (village commons restoration and native-species tree planting): over 1.8 lakh acres in year, 38+ districts in 10 states; cumulative 4.7 lakh acres
• Mangroves conservation project started in Andhra Pradesh (area for FY24 not stated; FY25 report implies 500 acres by end of FY24)
• Soil and moisture conservation and tree plantation by Maharashtra Forest Department (Pune district): over 9,000 acres reported

States: Andhra Pradesh, Bihar, Jharkhand, Karnataka, Madhya Pradesh, Maharashtra, Rajasthan, West Bengal.

Implementing agencies: AP Panchayat Raj and Rural Development Dept, Wasteland and Pastureland Development Board, Rajasthan, Forest Department, Govt of Maharashtra, Karnataka Watershed Development Dept, Rajiv Gandhi Mission for Watershed Management, Madhya Pradesh, Women Development and Child Welfare Dept, Andhra Pradesh, MPSRLM and CRISIL Foundation.

Source: S4 ITC Report and Accounts 2024 (full), pages PDF pp 150-158 (narrative), 171-180 (CSR annexure; spend table PDF p178), note PDF p239-241