At IndianOil, corporate social responsibility (CSR) has been the cornerstone of success right from inception in the year 1964. The Corporation’s objectives in this key performance area are enshrined in its Mission statement: "…to help enrich the quality of life of the community and preserve ecological balance and heritage through a strong environment conscience." which succinctly portrays the commitment of the Corporation towards CSR.
IndianOil’s Sustainability & CSR (S&CSR) vision is to operate its activities in providing energy solutions to its customers in a manner that is efficient, safe and ethical, which minimises negative impact on environment and enhances quality of life of the community, towards sustaining a holistic business.
In line with the above vision, IndianOil’s S&CSR mission is
• Meet stakeholders’
aspirations for value creation and grow along with the society.
• Ensure a safe & healthy working
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.
Brief details of IndianOil’s key CSR projects are given below:
IndianOil’s CSR is focused towards budget high priority areas like safe drinking water, healthcare and sanitation, empowering women and socially & economically backward groups, education and employment-enhancing vocational skills, environment sustainability, protection of national heritage and promotion of art & culture, rural development, etc., CSR activities are carried out preferably in the vicinity of its major installations or establishments for improving quality of life of the community, which includes marginalised groups viz. SCs, STs, etc.
Scholarship holders with Mr. Dharmendra Pradhan, Hon’ble MoS, P&NG & Mr. B. Ashok, Chairman, IndianOil on IndianOil’s Day on Sep 1, 2014 at New Delhi
Education Scholarship Scheme :
IndianOil Education Scholarships are awarded to 2600 poor and deserving students on merit-cum-means basis, who are pursuing full-time courses in 10+/ITI, Engineering, Medical and MBA. 49.5% scholarships are reserved for SC/ST/OBC students. In each category/ sub-category, 25% scholarships are reserved for girl students and 10% for Persons with Disabilities (PWD). In the year 2014-15, about 53,000 applications were received for 2600 scholarships.