News Release Details

IndianOil bags Sustainability Performance Award
New Delhi   22-Feb-2012


Mr. S.K.Sarangi, receiving the award from Mr. Kamal Nath

IndianOil, India's largest commercial enterprise and the highest ranked Indian company in the Fortune ‘Global 500’listing, has bagged the coveted Corporate Sustainability Vision Award 2012. Instituted by the Indian Chamber of Commerce, this award recognises IndianOil’s excellent performance in the area of sustainable development. Hon’ble Minister of Urban Development, Govt. of India, Mr. Kamal Nath, presented the award to IndianOil recently in the presence of Dr. M. Veerappa Moily, Hon’ble Minister of Corporate Affairs, Govt. of India, during the India Corporate Governance & Sustainability Vision Summit. On behalf of IndianOil, the award was received by Mr. S.K.Sarangi, Executive Director (RE&SD), IndianOil.

Since inception, IndianOil has been playing a significant role by touching the lives of millions of people through focussed initiatives in environmental, social, cultural, educational and health care areas. Having integrated sustainability in its core business, IndianOil has taken up various projects primarily focused on the welfare of the economically and socially deprived sections of society.

Indian Chamber of Commerce has instituted this annual award to recognise the leading examples of sustainable practices and performance in the country.