Gas Authority of India Ltd. (GAIL) was established in the year 1984 as a Central Public Sector Undertaking under the Ministry of Petroleum and Natural Gas. With the passage of time, GAIL has earned recognition as India’s one of the most trusted brands, achieving the Maharatna status in 2013, with MORE THAN 4000 employees and a business worth USD 8 billion. The company believes that economic growth is not the only concern and consequently, GAIL has welcomed the role of CSR in business ethics.
GAIL has a well-designed policy for ‘corporate social responsibility’ with the objective “to ensure the increase in commitment at all levels in the organization, continuously operating its economic, social and environmental aspects while feeling the interest of all stakeholders”.
The major CSR projects of GAIL are:
These projects reflect GAIL’s sincerity towards the idea of an inclusive development. The firm is playing a decisive role in the nation’s development through these CSR initiatives. We can observe that the main spring guiding their philosophy is “value creation” and it is certainly the prime moving force for all stakeholders. GAIL is assisted by a dedicated team of CSR professionals in selection and assessment of meaningful social initiatives with a concrete operational framework, in sync with the provisions of the Companies Act, 2013.
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