India: GAIL Releases Sustainability Report

Shri B. C. Tripathi, Chairman and Managing Director, GAIL (India) Limited, released the company’s Sustainability Report for the year 2012-13 on the theme “Energising Tomorrow Responsibly”.

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, 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.

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LNG World News Staff, September 25, 2013; Image: GAIL