ITC is a diversified Indian conglomerate into FMCG, Hotels, Paperboards & Packaging, Agri-business and information technology. The company completed 100 years in 2010 and as of 2015-16, had an annual turnover of US $ 8 billion and a market capitalisation of US $45 billion. It employs over 25,000 people. 
As a conglomerate, ITC has a significant overlap between its different businesses, and different synergies among businesses give the company a competitive advantage. The flow chart below gives an idea of how different businesses link together-
For example, ITC’s packaged wheat flour/premium cookie business includes the following inputs from different businesses- Raw Materials (wheat) is sourced from farmers directly through the agri-business division, raw materials (packaging) is sourced internally from the paperboards and specialty paper business, the foods business owns the manufacturing facility, and the products are also retailed through ITC’s hotel chain. 
Climate change impact
Because of the intense overlap between these businesses (Agri-business, Paperboards and speciality paper business , Foods business & Hotels business), climate change affects a simple consumer product through different businesses in the following ways-
Action & Results
- ITC e-Choupal – an initiative to link directly with rural farmers via the Internet for procurement of agricultural and aquaculture products, was launched to enhance the ability of farmers to take informed decisions, align their farm output with market demand and ensures higher quality and productivity. 
- Drip irrigation was implemented in 700 hectares of land in the state of Andhra Pradesh , saving almost 900 million litres of water.
- Launch of the ‘Soil conservation programme’ helped to provide inputs to farmers on sustainable agriculture techniques that address physical, chemical and biological health of the soil (covering around 7,000 hectares). 
Packaging and paperboards business –
- 51,21,855 tonnes of CO2 sequestered in this year, making ITC carbon positive for 11 years in a low 
- ITC started the Integrated Watershed Development Projects, covering 2,59,050 hectares of land , support the Water Positive status of the Company for the 14th year in a row.
- ITC’s social forestry programme covered nearly 64,795 hectares under pulpwood plantation and 22,879 hectares under energy plantation.
Foods business –
- ITC’s WoW programme minimises scrap waste across the conglomerate. ‘WOW – Well-being out of Waste’ has provided effective solutions in several cities of South India. 
- ITC is planning a big investment in establishing a end to end cold chain to reduce agricultural waste 
- ITC has secured the LEED platinum rating for all its hotels making it one of the greenest luxury hotel chain in the world. The rating means leadership in energy and environmental design for the highest standards of energy, water and waste efficiency. 
- Over 47% of ITC’s total energy requirements was met from carbon neutral sources such as biomass, wind and solar 
In the long term, ITC should target using 100% renewable (produced by natural processes at a rate comparable to its rate of consumption) or recycled materials for products and packaging. ITC still uses many non-renewable materials (like those made from petroleum etc). Materials may come from traditional sources such as biomass , and ITC should use its R&D capabilities to understand how raw materials can be derived from biological processes. ITC’s vision should also be to have all waste end up in a valued waste stream (e.g., recycling, composting, waste-to-energy without toxic emissions). Finally, ITC must start committing to consumer education programs and encouraging audiences to be a part of the responsibility we all bear for protecting the environment.
 – https://www.theguardian.com/environment/2016/apr/07/reducing-food-waste-would-mitigate-climate-change-study-shows