ITC sees a future in green houses - The Economic Times
  March 13, 2010
ITC
  Ltd, with business interests ranging from tobacco
  to FMCG to hotels, has taken an in-principle
  decision to achieve 'Platinum LEED' rating - the
  highest global certification for
  environment-friendly buildings - for every major
  construction it takes up from now on. The move,
  which perhaps marks the first such initiative
  taken by a corporate group in the country, would
  involve every hotel, office building, factory or
  shop that ITC plans to build.
"We have big plans to grow which involve
  investment in new buildings. Our objective is to
  reduce our carbon footprint across the company's
  operations and on its premises. The initiative
  will also encompass every existing property and
  office premises that ITC owns. For instance, for those
  properties which come up for renovation, we will
  introduce environment-friendly systems and
  processes that will set the ball rolling for them
  to achieve the 'green' rating," Kurush Grant,
  member, corporate management committee, ITC Ltd.
He was speaking to ET on the sidelines of a
  seminar on 'UK-India Business Partnership: Low
  Carbon Economy', organised by CII to mark the
  visit to Kolkata of the UK's representative for
  trade and industry, Prince Andrew, Duke of York.
Incidentally, Platinum LEED, which stands for
  Leadership in Energy and Environment Design, is a
  US Buildings Council certification, has recently
  inspired an Indian standard in 'Teri-Griha' or The
  Energy and Research Institute's Green Rating for
  Integrated Habitat Assessment. The latter was
  devised for India keeping local conditions in mind
  and involve energy efficiency, water conservation,
  environment.
"At present, we are implementing the initiative
  through in-house knowledge gathered over the
  years. If we get the right kind of experts we
  could also work with them," Mr Grant added.
The company has already made a beginning of
  sorts in green buildings with the ITC Sonar Kolkata
  being the first hotel in the world to achieve the  'green' tag. "ITC has eight CDM projects registered so
  far," Mr Grant added. Apart from ITC Sonar, two
  other buildings that have already received green
  credits are ITC Royal Gardenia in Bangalore and ITC
Green
Centre in Gurgaon.
Earlier, speaking at the seminar, Mr Grant shared
  some of ITC's experience with green initiatives.
  ITC's
  move to lower carbon footprint is being built
  around each business model and through corporate
  social responsibility around each unit, he said.
For example, in its paper and packaging business,
  ITC
  faced a choice on whether to import wood pulp from
  Indonesia or to take up social forestry. It chose
  the latter and has now emerged as one of the
  champions in carbon sequestration, with 30% of its
  energy coming from renewable sources.