Gujarat Gas Company Ltd
Sales (2007-2008) = Rs.1200 crores (rounded off)
Net profit after tax = Rs.160 crores (rounded off)
CSR Budget: Not Available
Karmayog 2008 CSR Rating: 2/5
CSR activities:
Ethical Principles
Community Activities
Wherever GGCL operates, it will seek to make a positive and meaningful contribution to community activities and to behave in a socially responsible manner. The Company recognises that sustained commercial success is only possible in the presence of a healthy social environment.
GGCL accepts the need to act in a socially responsible manner and to co-operate fully with government and regulatory bodies. It does not make contributions to political parties.
We are committed to contribute to the communities in which we operate. We seek to make a real and positive difference to community activities and have undertaken a number of projects to achieve this aim.
Some of these projects have been undertaken jointly with our partners and with BG India. The projects undertaken include:
* An environment education bus – ‘Prakriti’. Prakriti, a project undertaken jointly with BG India aims to create environment awareness amongst children and to act as a mobile resource centre. It imparts environment awareness using a number of games and audio-visual aids.
* A CNG Mechanic Training Program in Surat aims to provide formal training on CNG vehicles thus helping mechanics develop skill sets which will earn them a better livelihood.
* GGCL has also supported establishment of public infrastructure such as parks, gardens, traffic islands etc.
All these projects are a part of a well defined strategy to focus on specific areas such as environment, education and energy which bring sustainable benefits to the communities.
Contribution to Society
During the year, your company�s focus has been on developing a comprehensive strategy for CSR based on the gaps in development and expectations of stakeholders in the company�s areas of operations. Studies were commissioned by the company for this purpose. These were undertaken by reputed experts.
The company has now developed a comprehensive CSR strategy based on the recommendations of these experts. The main objective of the strategy is to enhance skills of identified groups so as to build potential and capacity in the society.
In the meantime, your company focused on CSR initiatives during the year 2007. This mainly involved the installation of computers in schools, solar lighting, building civic amenities and supporting education.
Source: http://www.gujaratgas.com/b_ethical08.html
http://www.gujaratgas.com/community.html
Source: Pg. 8 of Annual Report � Dec. 2007.
Contact Information:
Gujarat Gas Company Limited
2, Shantisadan Society,
Near Parimal Garden
Ellisbridge, Ahmedabad -380006
Gujarat
Phone no : 079-26462980
Fax :079-26426876
Email : contactggcl@gujaratgas.com
Website : http://www.gujaratgas.com/
Industry Sector: Gas Distribution
Products / Services: The primary objective to procure, distribute and utilize natural gas and allied technology. GGCL also pioneered the concept of CNG for automobiles in India. (CNG is a safe, environment friendly fuel for automobiles.)
Another pioneering step was to provide finance to customers (through a subsidiary company – Gujaratgas Financial Services Limited) so that the customers could switch over to natural gas.
Other locations of factories / offices: Bharuch- Ankleshwar ,Surat
Previous year�s CSR activities & rating: www.karmayog.org/csr500companies/csr500companies_7814.htm