Thursday 26 September 2013

GAIL releases its third Sustainability Report

26092013
“Energising Tomorrow Responsibly” theme of the report
New Delhi, September 25, 2013: Shri B. C. Tripathi, Chairman and Managing Director, GAIL (India) Limited, today released the company’s Sustainability Report for the year 2012-13 on the theme “Energising Tomorrow Responsibly” in the presence of Shri R.D. Goyal, Director (Projects), Shri Prabhat Singh, Director (Marketing), Shri S. Venkatraman, Director (Business Development), Shri P. K. Jain, Director (Finance) and other senior officials of the company.
This is the third Sustainability Report that has been brought out by the company and retains the pattern of stakeholder-centric reporting used in the earlier reports.
Speaking on the occasion, Mr. B C Tripathi said “GAIL’s journey of touching lives and continually improving operating processes is encapsulated in the 3rd edition of the disclosure report on sustainable development befittingly titled – Energising Tomorrow Responsibly.
“Today, GAIL is the only PSU in the Oil & Gas sector to become one of the founding members of the GRI (Global Reporting Initiative) Focal Point India’s Sustainability and Transparency Consortium,” he added.
GAIL has produced a stakeholder-centric report reflecting on strategies and actions towards analyzing impacts and working towards creating a “positive stakeholder value”.
The report has been developed on the basis of GRI G3.1 guidelines on Sustainability Reporting and the Oil & Gas Sector Supplement (OGSS). The disclosures are in line with the requirements of the application level ‘A+’ and address 73 core and 25 additional GRI performance indicators. It is a Type 2 Moderate level assured report including data verification at different sites of GAIL including its Gas Processing Units, Petrochemical plant, Natural Gas compressor stations, LPG pumping/receiving stations, Corporate Office and some regional pipeline offices, GAIL Training Institute. The report is available on the GAIL website http://www.gailonline.com<;http://www.gailonline.com>.
With this, GAIL has been able to align the release of its Sustainability Report on the same day as its Annual General Meeting (AGM) which is a rare feat among large Corporates of India.
Photo caption: (From left to right) Shri C. N. Trivedi, Executive Director (Petrochemicals), Shri R.D. Goyal, Director (Projects), Shri S. Venkatraman, Director (Business Development), Shri B. C. Tripathi, Chairman and Managing Director, Shri Prabhat Singh, Director (Marketing) and Shri P. K. Jain, Director (Finance) releasing GAIL (India) Limited’s Sustainability Report for the year 2012-13

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