OREANDA-NEWS. Steel Authority of India (SAIL) was awarded the PHD Chamber Good Corporate Citizen Award 2014. Chairman, SAIL, Shri CS Verma received the award from Hon'ble Union Minister of Road Transport, Highways and Shipping Shri Niitn Gadkari today in a glittering award ceremony.

Instituted in 1997, PHD Chamber Annual Awards for Excellence are given in recognition of outstanding achievements or contributions in selected areas and for promoting corporate and individual initiatives in economic, social, educational and cultural areas to Indian businesses, entrepreneurs and individuals. Chairman SAIL, Sh CS Verma after receiving the award thanked the jury and said, "SAIL is committed to continuously improving its social responsibilities, environment and economic practices to make a positive impact on society." SAIL has been making conscious and well thought efforts towards nurturing a culture that supports flexibility, learning and has been working in the direction of sustainable growth. Along with setting new bench marks in production, technology and growth, the company undertakes large number of corporate social responsibility initiatives regularly.

SAIL recognizes the direct and indirect impact of its business activities on society and strives to integrate its business values and operations in such a way that facilitates comprehensive growth for all. SAIL CSR activities are carried in and out of its steel townships, mines and far flung areas across the country. Providing medical and healthcare, education, access to water facilities, construction of roads, sanitation, development of model steel villages, women empowerment etc have always found top slot in the CSR initiatives. The company takes several initiatives for energy conservation, water conservation, recycle/reuse, reduction in hazardous emissions, safe disposal of hazardous materials and solid waste management. SAIL believes in building continuous good relations with all its stake holders and in making a meaningful difference in people's lives.