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Awards and Recognitions

Comments of Comptroller and Auditor General of India

Notice

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Materiality Assessment

Appropriate assessment of material issues is critical to ensuring long-term value creation for all stakeholders in a dynamic operating environment. At IndianOil, we had undertaken a materiality assessment during 2020-21 to identify economic, social, environmental and governance matters that present material risks, while simultaneously taking cognisance of our external operating context and those issues which are of particular concern to stakeholders.

We align our identification of material sustainability topics with the GRI standards, UN Global Compact, as well as considering information relating to the energy sector, our regulatory requirements and matters raised during engagements with our people and our external stakeholders.

Our Approach

© 2022 - Indian Oil Corporation Limited | Integrated Annual Report 2021-22