Company: ONGC Videsh Ltd
Income 2005-2006 = Rs 1800 Cr (rounded off)
Net profit after tax (05-06) = Rs 400 Cr (rounded off)
Karmayog CSR Rating-1/5
CSR activities:
The development activities of the OVL should be planned on sound ecological principle and must incorporate appropriate environmental safeguards.
oEnvironmental impact assessment, with the details required by the “Department of Environment” should be prepared at the earliest stage of project formulation and necessary financial provisions for various environmental program and safeguards be indicated in the project estimates.
oEnvironmental norms prescribed by the Central and state government, statutorily empowered to do so, in the matter of air and water quality, noise, land use, afforestation etc. should be strictly observed in the design, construction and operation of all facilities of the corporation.
oThe widest possible range of information on practical options available for the design of the project should be gathered and analyzed for final decision making technology that ensures energy economy, environmental safeguards, recycling of resources and utilization of wastes should be adopted for all projects.
oReleases of hydrocarbons, chemicals and other materials should be controlled so that it does not disturb the flora and fauna. Releases containing viruses, pathogenic bacteria and parasites, which survive in marine life, should be completely eliminated and precluded from entering marine waters.
oProductivity of the environment adjacent to the project areas and resource of the coastal waters should not be adversely affected. No action harmful to the potential for marine resources such as fish, salt, corustacea, etc. should be permitted. Coastal marine areas should not be subjected to unplanned salutation, erosion, changes in flow pattern and coastal contours.
oMicrobiological activity of significance to marine and estuarine life and people dependent on the coastal waters should be fully protected.
oAesthetic, cultural and social patterns and historical characteristics of the areas covered by or adjacent to the OVL’s prefects should not be unduly disturbed by the project activities. Scenic landscapes, historical heritage and cultural monuments should be preserved and the environment around them should be kept clean and hygienic.
oAs far as possible, a minimum area of 500 meters from the high tide mark in respect of coastal projects located near river banks should be kept clear of all structures so that beach activities or river front development are not adversely affected. Effective mechanisms for monitoring the environment and for collection of the required data of various parameters of the environment for the purposes of surveillance should be set up within each project.
oWork environment in the operational areas should be conducive to safe and healthy working conditions. Good housekeeping is an integral part of sound environmental management.
Promoting a healthy, safe, productive, and aesthetically satisfying environment is the responsibility of OVL.
Amount spent on CSR : No information regarding the amount spent on CSR was available on the homepage .
Contact details : ONGC Videsh Ltd
6th Floor, “Kailash”
26, Kasturba Gandhi Marg,
New Delhi 110 001
Tel : 00-91-11-23730368,
23713752 ,41291100
Fax : 00-91-11-23730369, 23721755
Web address : http://www.ongcvidesh.com