ONGC Projects and Financial Performance slide image

ONGC Projects and Financial Performance

ओएनजीसी ONGC: ESG Practices ongc Commitment towards Climate, Society and Ethical work practices 7553 आज़ादी का अमृत महोत्सव ENVIRONMENT Committed for conserving Climate Regular Greenhouse Gas (GHG) inventory accounting and disclosures on scope-1 and scope-2 emissions; Implemented number of GHG mitigation projects across the value chain for GHG abatement Implemented 15 Clean Development Mechanism (CDM) Projects including OTPC, 2.2 million Certified Emission Reductions with OTPC having emission reduction potential of 16 lakh ton CO₂e per annum. 3 new projects under validation. Renewable energy projects, Installation of energy efficient lighting, Paperless office and elimination of single use plastics Fresh water conservation: Water Foot printing, Rainwater Harvesting, Sewage Treatment Plants & Desalination SOCIAL Committed to Social welfare & inclusion One of the first companies to issue separate CSR Guidelines in 2009 which prepared base for DPE Guidelines in 2010 & Companies Act 2013 CSR activities aligned with needs of community in respective in respective geographies: Initiatives implemented in project mode. CSR programs mainly in areas of Healthcare, Education, Environment, Women Empowerment and Heritage preservation Every CSR project is benchmarked to UN Sustainable Development Goals (SDGs). Average CSR spend of~500 Crore per year GOVERNANCE Committed to Integrity and ethical practices 1st signatory in India to the Integrity Pact IT enabled with SAP integration in most functions, including e-procurement, intranet, paperless office etc; minimizing human intervention The Board not only institutionalizes and reviews polices, but also focuses on overall organizational practices, awareness creation and monitoring. Strong and effective Whistle Blower mechanism, Dedicated Vigilance Department headed by CVO, who holds rank of Functional Director and reports to CVC, Government of India 39 39
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