ITC on a inexperienced top! Achieves 2030 goal of fifty% renewable power use 7 years forward – Business Information

FMCG major ITC Ltd, in its annual report for FY24, announced that its businesses have achieved over 50 per cent of the conglomerate’s renewable energy target during the year. With this, it added, ITC has already met its 2030 commitment of achieving 50 per cent renewable energy share in FY24 itself, seven years in advance. 

ITC has made a commitment to reduce dependence on energy from fossil fuels and accordingly, all its factories have incorporated appropriate green features and premium luxury hotels, and office complexes continue to be certified at the highest level by either the US Green Building Council (USGBC) or Indian Green Building Council (IGBC), it said. 

During the fiscal year, even with a significant increase in scale of operations, over 50 per cent (previous year: 43 per cent) of ITC’s total energy requirements were met from renewable sources such as biomass, wind and solar, it said in its annual report.

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ITC commissioned the state-of-the-art and future-ready High Pressure Recovery Boiler at the Bhadrachalam mill of ITC’s Paperboards & Specialty Papers Business in the previous year which replaced conventional soda recovery boilers thereby reducing carbon footprint through lower coal consumption, by approximately 25 per cent. In addition to this, ITC has installed and commissioned 205 MW of solar and wind power capacity across the country to meet its electrical energy requirements. 

Further, in order to reduce its energy footprint, ITC is integrating green features in all new and old constructions including hotels, manufacturing units, warehouses and office complexes. ITC’s 40 buildings have received Platinum certification by USGBC/IGBC. Around 23 of its hotels have also been awarded the LEED Platinum Certification by USGBC. Further, 12 of its hotels have  received LEED Zero Carbon Certification, the first in the world to achieve this feat. ITC’s Sankhya data centre in Bengaluru became the first data centre in the world to be awarded the LEED Zero Carbon certification.