CORPORATE SOCIAL RESPONSIBILITY: AN EVALUTION OF CSR ACTIVITIES OF INDIAN OIL CORPORATION LIMITED (IOCL)

Nishant Thard; Jagwinder Singh

Volume : VI, Issue : IX, September - 2016

CORPORATE SOCIAL RESPONSIBILITY: AN EVALUTION OF CSR ACTIVITIES OF INDIAN OIL CORPORATION LIMITED (IOCL)

Nishant Thard, Jagwinder Singh

Abstract :

The business houses started realizing that they would have to rise over and above the profitability and take care of all those associated with their survival in the society directly or indirectly. This realization resulted into the concept of Corporate Social Responsibility (CSR). This paper is an attempt to evaluate the CSR initiatives and activities that are taken up by Indian Oil Corporation Limited (IOCL) and also their efforts for ecological balance, sustainable development and environmental preservation activities which are being undertaken for the welfare of the society at large. The study concludes that there are number of CSR practices in which IOCL takes an active part in fulfilling all its responsibilities towards the welfare of the society, be it Skill Development for enhanced Employability, Women Empowerment, Health & Sanitation, Education or Water and Cå for Heritage.