ITC reaffirmed its commitment to address the issue of plastic waste management through its multi-dimensional initiatives. The company is setting targets to be carbon neutral, scaling up investments in sustainable packaging, reducing the usage of plastic in packaging, and harnessing green energy.
Scaling Up Investments in Sustainable Packaging:
ITC is actively working on introducing sustainable packaging solutions to replace single-use plastics. The company has pioneered sustainable packaging options through research conducted at its Life Sciences and Technology Centre. It has introduced products such as FiloPack and FiloServe, which are made of recyclable paperboards, and biodegradable paperboards, OmegaBev and OmegaBarr. Many ITC brands and businesses have also innovated to reduce the usage of plastics in line with the company’s commitment to creating a positive environmental footprint.
Pioneering Sustainable Packaging Solutions to Replace Single-Use Plastics:
ITC’s paperboards, paper and packaging Businesses are at the forefront of innovation in packaging solutions, which substitute the use of single-use plastics. It had extended its sustainable packaging initiatives to its own personal care products as well.
ITC’s Plastic Neutrality Status for the Second Consecutive Year:
ITC sustained its Plastic Neutrality status for the second consecutive year by sustainably managing 60,000 MT of plastic waste in FY23, which is more than the amount of packaging utilized. This achievement highlights the company’s dedication to tackling the plastic waste problem and its leadership in the industry.
Extending Sustainable Packaging Initiatives to Personal Care Products:
ITC’s commitment to sustainable packaging extends beyond its paper and packaging businesses. The company has extended its sustainable packaging initiatives to its own personal care products as well. This initiative highlights their commitment to creating a positive environmental footprint and their dedication to tackling the plastic waste problem.
In conclusion, ITC is committed to tackling plastic waste through innovative solutions. The company’s multi-dimensional initiatives, investment in sustainable packaging, and pioneering sustainable packaging solutions highlight its dedication to creating a positive environmental footprint. The achievements of ITC’s paperboards, paper and packaging businesses, and their Plastic Neutrality status for the second consecutive year demonstrate their leadership in the industry.
