RIL BAGS PLATTS GLOBAL CSR AWARD

GNN | Dec 11, 2015, 2:31 PM IST|

MUMBAI, December 11, 2015: Reliance Industries Limited (RIL) has won the Platts Global Energy Award in the Corporate Social Responsibility (CSR) category.
The 17th Platts Global Energy Awards 2015 were held at Cipriani (Wall Street) in New York City late Wednesday.
The awards are often described as the ‘Academy Awards’ of the energy sector.
There were 12 finalists in the CSR category.
The Platts CSR award recognizes the organisation that best demonstrates leadership, commitment to action and real-world impacts from across its business.
The award illuminates the ever important convergence of profitability and company values.
Platts adjudicators have stated that CSR is not an obligation, but “a voluntary commitment which greatly motivates employee morale, is of fundamental interest to customers, investors and other key stakeholders and is a key determinant of a company’s character.”
As a corporate aware of its social responsibilities, Reliance Foundation, led by Chairperson Mrs. Nita Ambani, has touched the lives of more than four million people across India, in more than 5,500 villages and urban locations.
About Reliance Industries Limited (RIL)
Reliance Industries Limited (RIL) is India’s largest private sector company, with a consolidated turnover of INR 3,88,494 crore (US$ 62.2 billion), cash profit of INR 36,291 crore (US$ 5.8 billion) and net profit of INR 23,566 crore (US$ 3.8 billion) for the year ended March 31, 2015.
RIL is the first private sector company from India to feature in Fortune’s Global 500 list of ‘World’s Largest Corporations’ currently ranking 158th in terms of revenues and 142th in terms of profits. RIL ranks 238th in the Financial Times' FT Global 500 2015 list of the world's largest companies. RIL's activities span hydrocarbon exploration and production, petroleum refining and marketing, petrochemicals, retails and telecommunications