New Delhi: ITC, one of India’s leading multi-business conglomerates, has been conferred with the 6th ICSI (The Institute of Company Secretaries of India) CSR Excellence Award in the ‘Large’ category for consistently demonstrating innovation and sustainability in managing Corporate Social Responsibility. The coveted award was handed over by Shri Amit Shah, Union Minister of Home Affairs and Cooperation to Shri Prabhakar Lingareddy, Executive Vice President – Social Investments, ITC Limited at a ceremony held on Saturday, 18th December at Mumbai.
Considered to be one of the most coveted awards for excellence in CSR practices, ICSI CSR Excellence Award recognizes the best corporate contributor each in the large, medium, and emerging categories.
Winners of the award undergo a rigorous evaluation process and scrutiny on the parameters of CSR policies, stakeholder engagement, strategy, execution, and impact, as well as CSR monitoring and reporting. The methodology for the evaluation includes assessment of responses to questionnaires, screening for field visits, field visits/interactions, media reports, information available in the public domain, and regulatory response on the credentials of the company.