#1
January 17th, 2018, 08:16 AM
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CSR Activities Of Indian Oil Corporation Limited
I want to know the activities of Corporate Social Responsibility (CSR) of Indian Oil Corporation Limited IOCL so can you tell me?
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#2
January 17th, 2018, 08:17 AM
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Re: CSR Activities Of Indian Oil Corporation Limited
IndianOil is country’s largest commercial enterprise and flagship national Oil Company. IndianOil also understands the importance of creating a benevolent social impact of its work and minimizing the adverse impact of energy use on ecology. IndianOil’s Corporate Social Responsibility (CSR) is guided by its corporate vision of caring for environment and community. Corporate Social Responsibility (CSR) IndianOil believes that Corporate Social Responsibility is the continuing commitment by business to behave ethically and contribute to economic development while improving the quality of life of the workforce and their families as well as of the local community and society at large. It strives for sustainable development which is the key for building a framework that would lead to economic growth, social equity, and efficient management of resources and environment. IndianOil has increased the contribution towards CSR activities with time. The budget for CSR has gradually increased from 0.5% of previous year’s Net Profit (which was in place since 1991) to 2% of previous year’s Retained Profit (from 2009 onwards). With promulgation of Companies Act, 2013 and rules thereof, IndianOil has aligned its CSR activities and polices as per the Act. Sustainable development is the only way forward for growing economies like India and IndianOil, views this responsibility with utmost commitment. CSR Flagship Projects Some of the flagship projects and some continuous projects are mentioned below: 1. LPG Scheme for BPL families 2. Swachh Bharat Abhiyaan 3. Swachh Vidyalaya Abhiyaan 4. IndinOil’s Assam Oil Division Hospital, Digboi, Assam 5. Swarna Jayanti Samudayik Hospital, Mathura, Uttar Pradesh : 6. Sarve Santu Niramaya (SSN), Digboi, Assam : 7. Assam Oil School of Nursing & Assam Oil College Of Nursing, Digboi, Assam : 8. IndianOil Multi-Skill Development Institute, Digboi, Assam : 9. IndianOil Industrial Training Centre, Digboi, Assam : 10. Shikshak Dakshata Vikas Abhiyaan, Digboi, Assam : 11. IndianOil Academic Scholarship Scheme 12. IndianOil Sports Scholarship Scheme 13. IndianOil Muskaan Contact- Registered Office IndianOil IndianOil Bhavan G-9, Ali Yavar Jung Marg, Bandra (East), Mumbai -400 051 Corporate Office IOCL Corporate Office 3079/3, Sadiq Nagar, J B Tito Marg New Delhi - 110 049 |
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