Company: Indian Petrochemicals Corporation Ltd
Income 2005-2006 = Rs 8500 Cr (rounded off)
Net profit after tax (05-06) = Rs 800 Cr (rounded off)
Karmayog CSR Rating- 2/5
CSR activities:
Community Development : Employment for land losers, schools, health care. Providing subsidized low cost sanitation facilities to rural families. Providing facilities like school buildings, books and furniture for libraries, play grounds, wells, approach roads and a subsidized bus service for school children. Potable drinking water to villages near Nagothane.Support for Environment preservation / upgradation, Construction of Primary Health Centers, providing ambulances and training to people in primary health care. Nursery and industrial training institutes Cattle Development Center.Construction of fuel efficient kilns and potter’s wheel for artisans. Technical assistance to the National Institute for the Blind in developing plastic Braille boards. Camps for social welfare and family welfare. Flood relief measures.
Arts and Sports :IPCL has a tradition of supporting cultural activities and sports. Some of them are : Sculpture at Vadodara
Assistance to the Central Library, Vadodara
A beautiful piece of contemporary sculpture by Nagji Patel is a landmark in the city of Vadodara. It is also symbolic of IPCL’s deep commitment to promote art and culture.
A giant mural adorns IPCL’s open-air theater at Vadodara. Regular camps for painters, graphic artists and sculptors are organized by IPCL.
Konkan craft festival was organized at Nagothane in 1993. The Corporation regularly sponsors music programs, cultural shows and sports events.
The calendar themes for the last few years have depicted India’s rich cultural heritage. For instance, the famous musicians of Vadodara, the Maritime heritage of Marathas, Nandalal Bose’s murals, British colonial art in Vadodara, and Prof. NS Bendre’s paintings on Nagothane.
IPCL had sponsored a book on the ‘Contemporary Art of Vadodara’, the book has been published now.
A huge sports complex matching international standards is developed at Vadodara. It has held men’s and women’s world cup cricket matches, international tennis tournaments besides being a venue to various national and state level games. Some of the IPCL players have made their mark at the state and national levels in various sport.
Environment :
IPCL professes the doctrine that any economic activity should not erode the very foundation of such activity. Development should therefore be with due regard to environment protection. In line with this approach, IPCL has set up state of the art facilities at all its manufacturing sites for the management of all emissions in liquid, gaseous or solid form. Major emphasis is given on conservation of natural resources like water, energy, raw material, green belt development etc. To conserve the precious water resource all sites of IPCL have taken special steps such as rain water harvesting, reducing water consumption, recyclying and reusing the treated water to the maximum extent in process, cooling water systems, horticulture and gardening programs. Reduction in raw material consumption, waste generation and encouraging of reuse and recycle of products waste are our prime initiatives in this direction. All manufacturing sites of IPCL have also instituted Environmental Management System based on the internationally accepted ISO-14001 standards. All IPCL manufacturing sites have also taken many pro-active steps to go beyond compliance in the area of environment, one such initiative is the innovative “Green Card Rating System” to integrate manufacturing with environment, where in all manufacturing plants of sites are rated / benchmarked for their environmental performances. Apart from this all sites have instituted ISO-18001, Occupational safety and Health management system. IPCL has been a recipient of many prestigious awards from Federation Gujarat Industry (FGI), GreenTech Foundation, Federation of Indian Chamber of Commerce and Industry (FICCI) for environment conservation and pollution control. Apart from this IPCL has formulated a clear and focused Safety, Health and Environment policy, which reinforces the corporate commitment to these facets of business.
Amount spent on CSR : No information regarding the amount spent on CSR was available on the homepage .
Contact details : Indian Petrochemicals Corporation Ltd
Indian Petrochemicals Corporation Limited
P.O. Petrochemicals Township,
District . Vadodara – 391 345
Gujarat, India
Tel : (0265) 6696000 / 7000
Fax : (0265) 6693834
Email : InvestorRelations.Corpo@ipcl.co.in
Web address : www.ipcl.co.in/