IndianOil: Fuelling Greenvironment!
Mumbai   06-Jun-2012

IndianOil, a Maharatna company, is India’s biggest refiner, the nation’s largest commercial en¬terprise and India’s highest ranked Fortune ‘Global 500’ company. But behind its size, numbers and scale is a little known tale of a corporation taking early steps to build eco-sustainability within its business plans.

At IndianOil, compliance with laws and regulations established to promote safety, health and environment are accorded the highest priority Beyond compliance, however, excellence in safety health & environmental performance and a commitment to good corporate citizenship are encouraged, adding value to the company and its stakeholders.

As part of its environment- protection initiatives, IndianOil has invested close to Rs.7,000 crore in state-of-the- art technologies at its refineries for production of green fuels meeting global standards. To further reduce dependence on precious petroleum products and secure the nation's energy security, the Corporation is now in the process of commercialising various options in alternative fuels such as ethanol- blended petrol, biodiesel, and Hydrogen and Hydrogen- CNG.

IndianOil's environmental objective is to:

• Reduce its carbon footprint.
• Become water positive.
• Manage waste responsibly

Green auto fuels, energy efficient technologies, shifting equilibrium of market dynamics towards rural communities besides tapping alternative energy sources are some of the steps that are in progress in the Corporation.

With safety, health and environment protection high on its corporate agenda, IndianOil is committed to conducting business with a strong environment conscience, so as to ensure sustainable development, safe work places and enrichment of the quality of life of its employees, customers and the community.