Economic growth can be amplified when the role of CSR in business ethics is finely incorporated in the development strategy of a business. It redefines the identity and purpose of any corporate organization.
Numaligarh Refinery, a public sector enterprise, is a mighty pillar of industrial development and growth in the Morangi Golaghat district of Assam and in the neighboring regions. The guiding light of the company is its vision “To be a vibrant, growth oriented energy company of national standing and global reputation having core competencies in Refining and Marketing of petroleum products committed to attain sustained excellence in performance, safety standards, customer care and environment management and to provide a fillip to the development of the region.”
Since the beginning of commercial production in the year 2000, NRL has been displaying great performance with a highly diverse product range. The firm is sensitive towards the society and has taken up the responsibility to bring about inclusive development in its sphere of operations through its CSR initiatives, which are as follows:
These CSR initiatives are successfully carried out in the areas within ten kilometers of the Numaligarh refinery and its Marketing Terminal at Silliguri. The fundamental idea is to create a sustainable model of development through the effective role of corporate social responsibility in business ethics which can add immense value to the lives of people and allow them to be an equal stakeholder in NRL’s development design. We can see that sensitivity towards the society is the prime moving force behind their vision of corporate social responsibility.
There are a number of issues that must be considered when developing a solar power…
Could Solar Be the Largest Source of Energy by 2050? Recent studies indicate the answer…
Before you decide to purchase an electric vehicle, you should consider its cost. It may…
The price of oil and gas has spiked in recent weeks and is currently at…
Renewable energies are available in a wide range of forms. The traditional sources of energy…
One of the biggest challenges of working from home is setting boundaries. When working from…