ITC Picks Up Award at Rio+20 Meeting

Source from:  Tobacco Reporter 06/25/2012

ITC Ltd has been presented with a 2012 World Business and Development Award for its rural initiatives in social and farm forestry programs in India. The presentation was made at the Rio+20 United Nations Summit at Rio de Janeiro. The award was 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 Co-operation Agency and the UN Global Compact. ITC was one of five companies to win the award. "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 and farm forestry initiative," said ITC chairman, Y C Deveshwar, in accepting the award. "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." Enditem