OREANDA-NEWS. IndianOil has been conferred with the Standing Conference of Public Enterprises (SCOPE) Meritorious Gold Award 2012-13 for Corporate Social Responsibility and Responsiveness by the Hon'ble President of India, Mr. Pranab Mukherjee, at a ceremony held at the Vigyan Bhavan, New Delhi today. The award function was organised jointly by SCOPE, the apex body of PSEs and Department of Public Enterprises, Government of India. On behalf of IndianOil, Mr. B. Ashok, Chairman and Mr. V.S. Okhde, Director (Pipelines), IndianOil received the award.

IndianOil has been felicitated with the award for various initiatives undertaken towards Corporate Social Responsibility which include primary mobile health care scheme titled 'IndianOil Sachal Swasthya Seva' for operating Mobile Medical Units linked to rural petrol pumps called Kisan Seva Kendras of IndianOil, providing clean drinking water to schools and communities, various educational scholarship schemes, various community development initiatives, initiatives towards protecting and developing tourist facilities at Heritage sites, programmes run by Assam Oil School of Nursing, AOD Industrial Training Centre etc. All the CSR activities of IndianOil revolve around the Vision and Mission statement of IndianOil - Care, Innovation, Passion, Trust.

H.E., Hon'ble President, speaking on the occasion lauded the efforts made by the public sector enterprises and said CPSEs are custodians of public wealth and they need to ensure continued compliance with the best standards of corporate governance and transparency. India today stands at the cusp of a transformative phase which will successfully place India in the league of developed nations over the next two decades. The Hon'ble President mentioned that in the last ten years itself, India has scripted a wonderful success story emerging as one of the leading economies of the world and the third largest economy in terms of purchasing power parity and the CPSEs have played an extremely important role in boosting the Indian Economy.

"IndianOil is proud to receive the SCOPE Meritorious Gold award for CSR and Responsiveness from the Hon'ble President of India. IndianOil is an essential organ of the society and is aware of its responsibilities beyond financial considerations towards improving quality of life of the communities it serves. It is not only the various structured CSR programmes through which IndianOil serves the society. During national emergencies, calamities, IndianOil has stood shoulder to shoulder with mitigation agencies for restoring normalcy in the affected areas. Receiving this award brings in greater responsibility on us and we would continue to serve India in all our capacities" said B. Ashok, Chairman, IndianOil Mr. Anant Geete, Union Minister of Heavy Industries & Public Enterprise (HI&PE), Mr. P. Radhakrishnan, MoS for HI&PE, Mr. K.D. Tripathi, Secretary, DPE, Mr. C.S. Verma, Chairman, SCOPE & Chairman, SAIL and Dr. U.D. Choubey, DG, SCOPE along with a host of senior executives from various Public Sector companies were present at the Award Ceremony.

IndianOil is India's Flagship Energy Major and a 'Maharatna' Company. Its business straddles across the entire hydrocarbon value chain - from refining, pipeline transportation and marketing of petroleum products to exploration & production of crude oil & gas, marketing of natural gas and petrochemicals. IndianOil has been meeting nation's energy demands for over half a century. With a corporate vision to be the Energy of India, IndianOil closed the year 2013-14 with the income from operations at Rs. 4,73,210 crore and a net profit of Rs. 7,019 crore.

SCOPE is an apex organisation of Public Sector Enterprises (PSEs). In its pursuit to promote excellence and competitiveness of public enterprises, it regularly recognises performance in various categories. SCOPE instituted SCOPE Meritorious Awards to recognise significant achievement of member enterprises in various fields leading to business excellence and competitive advantage; to encourage and motivate companies to achieve higher goals of excellence; and to reward those enterprises which have demonstrated extraordinary skills and have made a mark in chosen fields which have been primarily responsible for growth of the enterprise.