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Home  >> CSR 2009 >> CSR details

Also see : Corporate Social Responsibility, Details of CSR of 501-1000 companies - 2008, Karmayog CSR Ratings - 2008, Karmayog CSR Ratings 2007





 
CSR 2009 Details of Indian Oil Corporation Ltd., Mumbai, Maharashtra
Indian Oil Corporation Ltd. - Corporate Social Responsibility Activities are as follows
 Company Profile
 Company's Slogan The Energy of India Golden Steps Towards Energising India.
 Company's Vision Ethics: Setting high standards for ethics and values People: Leading with passion to excel Innovation: Pioneering the spirit of creativity and research Environment: Caring for the environment and community Technology: Harnessing frontier technology Customers: Fostering relationships for a lifetime
 Company's Mission -
 Special Notes -
 Company Type Public Sector
 Industry Sector Oil and Gas
 Products / Services 1. Bulk Petroleum Products
2. Crude Oil
3. Lubricants
 No. of employees 33998
 Other locations of factories / offices Corporate office in New Delhi Refineries in Barauni (Bihar), Jawahar Nagar (Gujarat), Guwhati (Assam), Haldia (West Bengal), Mathura (Uttar Pradesh), Panipat (Haryana), Bongaigaon (Assam) Pipeline Offices in Noida, Panipat, Kolkata, Rajkot, Chennai Marketing offices in Mumbai, New Delhi, Kolkata, Chennai R&D Centre in Chennai
 Financial result for time period April 2008 - March 2009
   -Sales Rs. 288154 Crores
   -Profit before tax Rs. 3649 Crores
   -Net profit after tax Rs. 2396 Crores
   -CSR Budget Not Disclosed
 CSR Activities
 Trust / Foundation for CSR Indian Oil Foundation
 CSR Areas 1. Community Welfare
2. Energy
3. Environment
4. Healthcare
5. Heritage Conservation
6. Poverty Eradication
7. Rural Development
8. Sports
 Three main CSR activities 1. Environment
2. Community welfare
3. Art, Culture and Heritage Conservation
 Publish Sustainability Report http://www.iocl.com/Aboutus/SustainabilityReport07-08.pdf
 Member of Global Compact Yes
 CSR activities in brief

Annual Report, Pg. 51

 

Welfare of weaker sections

The Presidential Directives and various instructions / guidelines issued by the

Government of India regarding reservation in services for various categories of

personnel were scrupulously followed. Your Corporation has endeavoured to

utilise 25% of Community Development funds towards Special Component Plan

(SCP) and Tribal Sub Plan (TSP) for meeting the needs of weaker sections.

-------------
Pg. 52, Annual Report

 

Sports

IndianOil’s sportspersons continued to excel in national and international sporting

events in various disciplines during the year. The Sports Scholarship Scheme

for promising young sports persons was continued with a view to encourage

talent and create a pool of sportspersons. Shri Aditya Mehta was runner-up in

the Asian Snooker Championship held in Dubai and was also selected by the

Asian Confederation of Billiards & Snookers to take part in the World Professional

Snooker tour played in England. Shri Yogesh Paradeshi won the 12th SAARC

Carrom Championship at Sri Lanka.

Shri Prabhjot Singh, hockey player was conferred the Arjuna Award and Shri

Sharat Kamal represented India in Table Tennis events in the Beijing

Olympics. Shri Rohit Sharma was selected to represent India, in cricket in

One-day and Test teams.

---------------------
Corporate Social Responsibility (CSR)

IndianOil’s present business practices and vision for the future are synergised

with sustainability. Our strong commitment and sense of corporate social

responsibility is reiterated in our increased budget allocation for Corporate Social

Responsibility activities from the year 2008-09. IndianOil continued its

endeavour to make a positive contribution to the underprivileged communities

in and around the major units by supporting a wide range of social-economic

initiatives – our focus areas being Clean Drinking water, Health & Medical Care

and Education with a special emphasis on the Scheduled Castes and Scheduled

Tribes. The third edition of our Sustainability Report for 2007-08 was published

in the current year conforming to the “Global Reporting Initiatives – G3”

guidelines.

----------------------
http://www.iocl.com/Aboutus/Initiatives.aspx

Initiatives

 

At IndianOil, corporate social responsibility (CSR) has been the cornerstone of success right from inception in the year 1964. The Corporation’s objectives in this key performance area are enshrined in its Mission statement: "…to help enrich the quality of life of the community and preserve ecological balance and heritage through a strong environment conscience."

 

As a constructive partner in the communities in which it operates, IndianOil has been taking concrete action to realise its social responsibility objectives, thereby building value for its shareholders and customers. The Corporation respects human rights, values its employees, and invests in innovative technologies and solutions for sustainable energy flow and economic growth.

 

In the past four decades, IndianOil has supported innumerable social and community initiatives in India. Touching the lives of millions of people positively by supporting environmental and health-care projects and social, cultural and educational programmes. As part of IndianOil's social responsibility programme, there is an IndianOil Scholarship scheme, which provides for attractive scholarships to bright students selected on 'merit-cum-means' basis. As part of the scheme, special encouragement is being given to girl students, physically challenged students, and students from J & K as well as the Northeast States.

 

Besides focussing primarily on the welfare of economically and socially deprived sections of society, IndianOil also aims at developing techno-economically viable and environment-friendly products & services for the benefit of millions of its consumers, while at the same time ensuring the highest standards of safety and environment protection in its operations.

 

IndianOil has always been in the forefront in times of national emergencies. IndianOilPeople have time and again rallied to help victims of natural calamities, maintaining uninterrupted supply of petroleum products and contributing to relief and rehabilitation measures in cash and kind.

 

IndianOil has also set up the IndianOil Foundation (IOF) as a non-profit trust to protect, preserve and promote national heritage monuments.

 

As part of its environment-protection initiatives, IndianOil has invested close to Rs. 7,000 crore in state-of-the-art technologies at its refineries for production of green fuels meeting global standards.

 

With safety, health and environment protection high on its corporate agenda, IndianOil is committed to conducting business with a strong environment conscience, so as to ensure sustainable development, safe work places and enrichment of the quality of life of its employees, customers and the community.

 

IndianOil is also committed to the Global Compact Programme of the United Nations and endeavours to abide by the 10 principles of the programme, some of which are already part of the Corporation’s Vision and Mission statements.

 

It is the firm resolves of IndianOilpeople to move beyond business, touch every heart and fuel a billion dreams.

----------------------
http://www.iocl.com/Aboutus/adoptIntegrity.aspx

IndianOil adopts Integrity Pact   IndianOil has entered into a Memorandum of Understanding (MoU) with Transparency International India (TII) in January 2008, for implementing an Integrity Pact Programme focussed on enhancing transparency in its business transactions, contracts and procurement processes. IndianOil believes in total transparency, integrity and accountability in its functioning. It values its business relationships with its numerous domestic and international contractors and vendors of goods and services and is committed to dealing with them in a fair and transparent manner by maintaining the highest ethical standards in its transactions with them.

The MoU was signed by Mr. Sarthak Behuria, Chairman, IndianOil, and Admiral (Retd.) R H Tahiliani, former Chief of Naval Staff and Chairman of TII. Under the MoU, IndianOil is committed to implementing the Integrity Pact in all its major procurement and work contract activities. Four Independent External Monitors nominated by TII in consultation with the Central Vigilance Commission (CVC) shall monitor the activities. The Integrity Pact would strengthen established systems and procedures by creating trust and would have the full support of the Central Vigilance Commission.

Transparency International India, launched in 1997, is the Indian Chapter of Berlin-based Transparency International, which has presence in 93 countries. The Integrity Pact Programme was launched in the mid-90s by TI to create 'islands of Integrity' through a voluntary contract between the buyer and the seller to eliminate unfair practices. It establishes mutual contractual rights and obligations and brings transparency and enhances the credibility of the organizations.

------------------
http://www.iocl.com/Aboutus/Environment.aspx

Environment

 

IndianOil’s Green Agenda

As an active partner of the Global Compact Programme of the United Nations, IndianOil is fully focussed on “sustainable development.” As a dominant player, the Corporation recognises protection of environment as a core commitment of its business.

 

As part of this commitment, all operating units and installations of IndianOil have a comprehensive safety, health & environment management system in place. The facilities are periodically reviewed and upgraded from time to time for better performance.

 

    * All IndianOil refineries fully comply with the prescribed environmental standards and incorporate state-of-the-art effluent treatment technologies. Sustained efforts are being made to further improve the standards by introducing new state-of-the-art technologies further improve the existing standards and facilities.

    * The environment management systems of all IndianOil refineries, pipeline Installations and major marketing installations/terminals are certified to ISO-14001 standards.

    * All IndianOil refineries are accredited for Occupational Health&Safety Assessment Series (OHSAS-18001). All refineries are also rated under International Safety Rating System (ISRS). Panipat and Gujarat Refineries are rated “Level 9” in the scale of 1 to 10.

    * All refineries have been provided with full-fledged effluent treatment plants consisting of physical, chemical, biological&tertiary treatment facilities. ‘Oilivorous-S’&‘Oilivorous-A’ technologies are being used for the treatment of oily sludge and acid tar respectively. The treated effluent is far superior to the stipulated MINAS quality and quantum standards. Treated effluent is being reused to the extent of 65-70% in the refinery units. Panipat Refinery continues to maintain zero discharge since commissioning in 1998.

    * IndianOil refineries have adopted various measures for control of gaseous emissions. These include use of low-sulphur fuel oil, desulphurisation of refinery fuel gas, tall stacks for better dispersion of flue gases, advanced process control systems; and energy conservation measures to reduce fuel consumption.

    * The sulphur dioxide emissions at IndianOil Refineries are well below the limits prescribed by the Ministry of Environment&Forests and State Pollution Control Boards. Ambient air monitoring stations with automatic continuous monitoring instruments are provided at all the refineries. In particular, Mathura Refinery has set up three ambient air quality-monitoring stations between the refinery and the city of Agra and a fourth one at Bharatpur. Utmost care is taken to minimise the impact of refinery operations on the air quality of the surrounding areas so that the ambient air quality remains within the stipulated limits prescribed for sensitive areas.

    * Most IndianOil refineries have commissioned secondary processing units for improving fuel quality and reducing emissions. Some of the recent commissionings include Hydrogen unit and Diesel Hydrotreater unit at Mathura refinery and Motor Spirit Quality projects at Mathura and Haldia refineries. Sulphur recovery units have been installed at all the refineries.

 

Green Initiatives

 

    * Low Sulphur (0.5%) Diesel was introduced in metros from April 1996.

    * Extra-low Sulphur (0.25%) Diesel was introduced in the eco-sensitive Taj Trapezium area from September 1996, in Delhi from October 1997, and across the country from 1st January 2000.

    * Diesel with 0.05% sulphur content was introduced in the metros in 2001.

    * Unleaded Motor Sprit (petrol or Gasoline) was made available all over the country since February 1, 2000.

    * Green fuels (petrol and diesel) conforming to Euro-III emission norms have already been introduced in 13 cities/states; the rest of the country is getting BS-II fuels.

    * IndianOil is fully geared to meet the target of reaching EURO-III compliant fuels to all parts of the country by the year 2010; major cities will upgrade to Euro-IV compliant fuels by that time.

    * IndianOil has invested about Rs. 7,000 crore so far in green fuel projects at its refineries; ongoing projects account for a further Rs. 5,000 crore.

    * Motor Spirit Quality Improvement Unit commissioned at Mathura Refinery; similar units are coming up at three more refineries.

    * Diesel quality improvement facilities in place at all seven IndianOil refineries, several more green fuel projects are under implementation or on the anvil.

    * The R&D Centre of IndianOil is engaged in the formulations of eco-friendly biodegradable lube formulations.

    * The Centre has been certified under ISO-14000:1996 for environment management systems.

------------------------
http://www.iocl.com/Aboutus/corporatesocialresponsibility.aspx

Corporate Social Responsibility

 

"CSR: A Cornerstone of our Enduring Success"

At IndianOil, corporate social responsibility (CSR) has been the cornerstone of success right from inception in the year 1964. The Corporation’s objectives in this key performance area are enshrined in its Mission statement: "…to help enrich the quality of life of the community and preserve ecological balance and heritage through a strong environment conscience."

 

We at IndianOil have defined a set of core values for ourselves – Care, Innovation, Passion and Trust – to guide us in all we do. We take pride in being able to claim all our countrymen as our customers. That’s why, we coined the phrase, “IndianOil – India Inspired", in our corporate campaigns. Public corporations like IndianOil are essentially organs of society deploying significant public resources. We, therefore, are aware of the need to work beyond financial considerations and put in that little extra to ensure that we are perceived not just as corporate behemoths that exist for profits, but as wholesome entities created for the good of the society and for improving the quality of life of the communities we serve.

 

As a constructive partner in the communities in which it operates, IndianOil has been taking concrete action to realise its social responsibility objectives, thereby building value for its shareholders and customers. The Corporation respects human rights, values its employees, and invests in innovative technologies and solutions for sustainable energy flow and economic growth. In the past four decades, IndianOil has supported innumerable social and community initiatives in India. Touching the lives of millions of people positively by supporting environmental and health-care projects and social, cultural and educational programmes.

 

Besides focussing primarily on the welfare of economically and socially deprived sections of society, IndianOil also aims at developing techno-economically viable and environment-friendly products&services for the benefit of millions of its consumers, while at the same time ensuring the highest standards of safety and environment protection in its operations.

 

Sharing Profits

 

Every year, IndianOil sets aside a fixed portion of its profits for spreading smiles in millions of lives across the country through a comprehensive community welfare and development programme. About one-fourth of the community development funds are spent on the welfare of Scheduled Caste and Scheduled Tribe beneficiaries.

 

IndianOil has a concerted social responsibility programme to partner communities in health, family welfare, education, environment protection, providing potable water, sanitation, and empowerment of women and other marginalised groups. IndianOil has always been in the forefront in times of national emergencies. IndianOilPeople have time and again rallied to help victims of natural calamities, maintaining uninterrupted supply of petroleum products and contributing to relief and rehabilitation measures in cash and kind.

 

IndianOil’s community-focussed initiatives include allotment of petrol/diesel station dealerships and LPG distributorships to beneficiaries from among Scheduled Castes, Scheduled Tribes, physically handicapped, ex-servicemen, war widows, etc. The Corporation has also unveiled kisan seva kendras as small-format retail outlets to reach quality products and services to people in the rural areas. IndianOil has also set up the IndianOil Foundation (IOF) as a non-profit trust to protect, preserve and promote national heritage monuments. The Corporation also supports a variety of endeavours in arts, culture, music and dance, apart from organising programmes on its own under the banners of IndianOil Art Exhibition, IndianOil Sangeet Sabha and IndianOil Kavi Sammelan.

 

As part of its environment-protection initiatives, IndianOil has invested close to Rs. 7,000 crore in state-of-the-art technologies at its refineries for production of green fuels meeting global standards. To further reduce dependence on precious petroleum products and secure the nation’s energy security, the Corporation is now in the process of commercialising various options in alternative fuels such as ethanol-blended petrol, biodiesel, and Hydrogen and Hydrogen-CNG mixture.

 

With safety, health and environment protection high on its corporate agenda, IndianOil is committed to conducting business with a strong environment conscience, so as to ensure sustainable development, safe work places and enrichment of the quality of life of its employees, customers and the community. IndianOil is also committed to the Global Compact Programme of the United Nations and endeavours to abide by the 10 principles of the programme, some of which are already part of the Corporation’s Vision and Mission statements. It is the firm resolve of IndianOilpeople to move beyond business, touch every heart and fuel a billion dreams.

-------------------------
CSR Initiatives (See http://www.iocl.com/Aboutus/corporatesocialresponsibility.aspx for details on each)

            Sustainability Report

            IndianOil's Downstream Leadership

            Introduction

            Word from Chairman

            Sustainability Outlook

            Economic

            Environment

            Labour Practices

            Human Rights

            Community

            Product Responsibility

            Epilogue

---------------------------------
 Additional CSR Information -

 CSR Contact Person
 Name of contact person -
 Designation -
 Company Name -
 Contact Address -
 Phone -
 Fax -
 Email Id   
 CSR Website / Section http://www.iocl.com/Aboutus/corporatesocialresponsibility.aspx
 Company Contact Information
 Company Name Indian Oil Corporation Ltd.
 Registered Address Indian Oil Bhavan G-9, Ali Yavar Jung Marg Bandra East
Maharashtra, Mumbai - 400051
 Phone 022 - 26447327 / 7616 / 7528
 Fax 022 - 26447961
 Email id sethis@iocl.co.in    investors@indianoil.co.in
 Website http://www.iocl.com
 Year of Establishment 1959
 Name of the Chairman / CEO Mr. Sarthak Behuria
 Designation Chairman
 Karmayog CSR 2009 Rating 3 / 5
 Link http://www.karmayog.org/csr2009/csrdetails.aspx?id=736
 Karmayog CSR 2008 Rating 2 / 5
 Link http://www.karmayog.org/csr1to500/csr1to500_20301.htm
 Karmayog CSR 2007 Rating 2 / 5
 Link http://www.karmayog.org/csr500companies/csr500companies_8239.htm
 
 Posted on : 12 Feb, 2010