ITC gets top green award at Rio - The Financial Express
June 26, 2012
At the Rio+20 United Nations Summit at Rio de Janeiro, ITC was presented the 2012 World Business & Development Award for its rural initiatives in social and farm forestry programmes in India.
The award has been instituted by the United Nations Development Programme (UNDP), the International Chamber of Commerce and the International Business Leaders Forum (IBLF) in partnership with the Netherlands Ministry for Foreign Affairs, the Swedish International Development Cooperation Agency and the UN Global Compact. ITC was among 5 large global companies to win this honour.
Mr. Y C Deveshwar, Chairman, ITC received the Award at a Ceremony held at Rio.In his acceptance speech, Deveshwar said, "I receive this award with humility and pride on behalf of the hundreds of thousands of tribals and poor farmers whose lives have been transformed by ITC's Social & Farm Forestry initiative. It gives us tremendous encouragement to witness the global appreciation for this initiative and this recognition will indeed help us in taking this initiative to newer heights."
