Introduction
Cairn India is committed to maintaining the highest standards of corporate social responsibility (CSR) in its business activities and aims to make a difference wherever it operates. We have made good progress in both developing and implementing its approach to managing the many CSR challenges facing the business.
Cairn India’s vision of its CSR is encapsulated in 3 Rs � Respect, Relationships and Responsibility.
Respect
People are Cairn India�s key asset and the attitude of the Cairn team is critical to its business culture. Cairn�s entrepreneurial spirit is underpinned by a depth of knowledge and a strong set of cultural core values including integrity, social and environmental responsibility, team work and nurturing of individuals, creativity, risk management and developing alliances with key partners.
Relationships
These are the key to developing any business and Cairn�s success in this region for more than a decade would not have been possible without the consistent support of all stakeholders, from governments, regulators and JV partners, to the people living near our sites in Rajasthan and our other operational bases in the region. The establishment of the Cairn India Board, with highly experienced non-executive and executive directors, further enables it to strengthen the local relationships that support business development in India.
Responsibility
Cairn India is operating in many areas that face economic, social and environmental challenges. It has the responsibility to understand these CSR challenges, identify the potential impact of its activities and through engaging with stakeholders, look for opportunities for mutual benefit.
Community Invlovement
Corporate Responsibility
Cairn Group’s perspective on CSR is to “recognise that it is essential for our long term success that Corporate Responsibility is part of the way we do business” � Sir Bill Gammell.
Cairn India’s approach to Corporate Social Responsibility is focused on behaving responsibly towards people, society and the environment. CSR policies are there to ensure that the highest standards are maintained within the Cairn India Organization. CSR programme objectives are to proactively manage community expectations and support the district administration for the development of the area.
The focus area is building infrastructures, providing health support, education and economic development within the local community. Cairn�s intervention is made through District Coordination Committees, NGOs or the Panchayat Institution.
Behaving Responsibly
Critical to building relationships is our understanding of the needs and aspirations of the people living close to our operations.
In business relationships
Cairn India’s strategy is to create value through exploration and during the last decade, along with its joint venture partners, Cairn and its JV partners have invested more than $2bn on exploration and development in South Asia, with a further investment of $2bn committed to Rajasthan.
Towards people
Whilst it recognises that it works in a potentially hazardous environment, Cairn India aim to keep its people safe, within a safety culture that promotes better safety performance and robust reporting of incidents. Cairn India’s Lost Time Injury Frequency Rate (LTIFR) is below the average for the upstream oil and gas industry.
Towards society
Cairn India contributes annually to funds administered by the local district authorities for improvements to local infrastructure in the areas where it operates; providing libraries and computers for schools, teachers’ training and excursions, and renovation of school buildings.
Towards the environment
All the Cairn-operated production sites achieved ISO 14001 certification in 2005.
Last year Cairn reduced methane and greenhouse gas emissions and the oil discharged in water per unit of hydrocarbon from the producing fields.
Cairn has supported reforestation projects to promote water capture in all its operating areas in India. In more than a decade, more than 330,000 trees have been planted.
Contact Details:
401, Dalamal Towers
Nariman Point
Mumbai
Maharashtra
400021
Tel : 022-24376136/24338306/9323696248
Fax : 022-24311160
Email : jayesh.thakor@cairnindia.com
Website :