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IOC CSR ACTIVITIES ( CSR OF IOC)

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Page 1: IOC CSR ACTIVITIES  ( CSR OF IOC)
Page 2: IOC CSR ACTIVITIES  ( CSR OF IOC)

The Indian Refineries and Indian Oil Company were combined to form the giant Indian Oil Corporation (IOCL) on 1st September 1964, with its registered office at Bombay.

Research & Development of Indian Oil Came into Existence in 1972.

Page 3: IOC CSR ACTIVITIES  ( CSR OF IOC)

IndianOil, is an Indian state-owned oil and gas corporation with its headquarters in New Delhi.

It is the world's 119th largest corporation, according to the Fortune global 500 list,

IndianOil and its subsidiaries account for a 49% share in the petroleum products market, 31% share in refining capacity and 67% downstream sector pipelines capacity in India.

The IndianOil Group of companies owns and operates 10 of India's 22 refineries with a combined refining capacity of 65.7 million metric tonnes per year.

58% of share is owned by Government of India

In FY 2012 IOCL sold 75.66 million tonnes of petroleum products and reported a PBT of $37.54 billion, and the Government of India earned an excise duty of $232.53 billion and tax of $10.68 billion.

It is one of the seven Maharatna status companies of India,

Page 4: IOC CSR ACTIVITIES  ( CSR OF IOC)

National leadership Strong Environment conscience National role in oil security & public distribution.

Page 5: IOC CSR ACTIVITIES  ( CSR OF IOC)

To serve the national interest in the oil and related sector in accordance and consistent with government policies.

To earn a reasonable rate of interest on investment.

To maximize utilization of existing facilities in order to improve efficiency and increase productivity.

To minimize fuel consumption in refineries and stock losses in operations to affect energy conservation.

Page 6: IOC CSR ACTIVITIES  ( CSR OF IOC)

Care

Innovation

Passion

Trust.

Page 7: IOC CSR ACTIVITIES  ( CSR OF IOC)

Indane Gas

Auto Gas

Natural Gas

Petrol/Gasoline

Diesel/Gas oil

ATF/Jet Fuel

SERVO lubricants & greases

Marine Fuels & Lubricants

Kerosene

Bulk/Industrial Fuels

Bitumen

Petrochemicals

Special Products

Crude Oil

Page 8: IOC CSR ACTIVITIES  ( CSR OF IOC)
Page 9: IOC CSR ACTIVITIES  ( CSR OF IOC)

“IndianOil, through its Corporate Social Responsibility initiatives, shall strive to

enrich the quality of life in different segments of the society.”

Page 10: IOC CSR ACTIVITIES  ( CSR OF IOC)

Meet stakeholders’ aspirations for value creation and grow along with the society.

Ensure a safe & healthy working environment.

Incorporate environmental and social considerations in business decisions.

Earn stakeholders’ goodwill and build a reputation as a responsible corporate citizen.

Conduct business with ethics and transparency & follow responsible business practices

Page 11: IOC CSR ACTIVITIES  ( CSR OF IOC)

IndianOil Sachal Swasthya Seva (ISSS)

Swarna Jayanti Samudaik Hospital, Mathura

Assam Oil School of Nursing (AOSN), Digboi

IndianOil Education Scholarship Scheme

IndianOil Sports Scholarship Scheme

MoU with TATA Medical Centre Trust

LPG Scheme of Government of India

Help for Flood/Cyclone affected people in Uttarakhand & Odisha

Shikshak Dakshyata Vikas Abhiyan

Sarve Santu Niramaya

Drinking water projects near Guwahati

IndianOil Foundation (IOF)

Page 12: IOC CSR ACTIVITIES  ( CSR OF IOC)

National Calamities : 35%

Donations : 5%

Community Development: 30%

Indian Oil Scholarships: 20%

Other activities: 10%

Page 13: IOC CSR ACTIVITIES  ( CSR OF IOC)

o 'Navshakthi Sanman Sandhya' CSR Award on Oct-14 by Free Press Journal, Mumbai

o PSE Excellence Awards in CSR (Amongst Maharatnas & Navratnas) on Dec-14 by Indian Chambers of Commerce, Kolkata

o Public Relations Society of India (PRSI) National Awards on Dec-14 36th by All India Public Relations Conference, PRSI, Jaipur

Page 14: IOC CSR ACTIVITIES  ( CSR OF IOC)
Page 15: IOC CSR ACTIVITIES  ( CSR OF IOC)

Company providing only 2% of its profit for CSR

CSR allows businesses to project positive image by doing very little.

the level of publicity associated with the concept of CSR creates an impression that the majority of businesses are seriously engaged in CSR-related activities, whereas the reality is quite different.

CSR activities engaged in by some businesses contradict with their actual business practices and tendencies of their businesses.

the influence of large businesses and multinational corporations increases in society with their active engagement in CSR issues.

Page 16: IOC CSR ACTIVITIES  ( CSR OF IOC)

With safety and health 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 place and enrichment of the quality of its employees, customers and the community

Page 17: IOC CSR ACTIVITIES  ( CSR OF IOC)