CORPORATE SOCIAL RESPONSIBILITYReliance Industries Limited

Group 6

Mission

Create value for all stakeholders Grow through innovation

Lead in good governance

practices

Use sustainability to drive product

development and enhance operational

efficiencies

Ensure energy security of the nation

Foster rural prosperity

Vision

► Our growth and success are based

on the ten core values of Care,

Citizenship, Fairness, Honesty,

Integrity, Purposefulness, Respect,

Responsibility, Safety and Trust

Picture courtesy – www.ucnewjersey.com Picture courtesy – www.comics.feedtacoma.com

Picture courtesy – www.online-safety-program.com

Introduction

► RIL is a conglomerate headquartered in Mumbai, India and has businesses in the energy and material value chain

► It’s activities include:► The exploration and production of oil and gas► Petroleum refining and marketing► Petrochemicals (polyester, fibre intermediates, plastics and chemicals)► Textiles► Retail► Telecommunication► Special economic zone

► Presence in various locations across the country and through associates across the world

► Has always been a strong contributor towards the society and fulfills its social responsibility.

► Works towards fulfilling Dhirubhai Ambani’s dream - better standard of living for Indians everywhere.

Recognition

► Amongst 'India's 10 largest companies by market capitalisation'

► International Finance Corporation (IFC) [Word Bank Group] has rated RIL's Sustainability Report's reporting quality as "good" - the highest rating given in this report, in 2009.

► RIL is the only Indian company to get a perfect score from CLSA Asia-Pacific Markets (CLSA) in a list of Asia's best companies in terms of CSR and termed the Company as the region's 'corporate good guy'.

► In its 'Ethical Asia' 2010 report, CLSA has named RIL among its top picks for providing very good data and going well beyond required disclosure.

► RIL was awarded the prestigious National Golden Peacock Award 2011 for its outstanding contribution in the field of corporate sustainability.

Triple bottom line

Economic

Highest ever exports of Rs 2,75,825 crores

Record turnover of Rs 4,01,302 crore, increase of 8.1%

Record net profit of Rs 21,984 crores, increase of 4.7%

Social

Education

• Kanya Kelvani• Project Jagruti• Mumbai Indians Education for All Initiative• Scholarships schemes for class 10 and class 12 students

Community Health Care

• Project Drishti • Mobile Van Clinics, Health-on-Wheels, in the villages• Partnered with various NGOs to raise awareness about AIDS• Developed Community Medical Centers in the neighborhood of

manufacturing divisions

Social

Community development

• Improving quality of agricultural produce• Skill upgradation programmes for plumbers• ‘Real Heroes’ campaign to recognise and reward initiatives in the socially

relevant sectors• Improving the infrastructure facilities through the Reliance Rural

Development Fund

Environmental► Zero garbage campaign► Direct sale of PET bottles to

processing units► Awareness campaigns about

alternate energy sources and efficient use of resources

► Mangrove plantation and its maintenance in the coastal areas

► Maintenance of green belts and gardens in and around manufacturing units

► Vermi-compost of waste and its use as manure etc. are imbibed in the culture of sustaining the earth's environment.

► Planted more than 1.2 million saplings at manufacturing divisions

► RIL follows a comprehensive method for the preparation of Environmental Impact Assessment (EIA) studies, for new and expanding projects.

Picture courtesy – www.allsoulsconnected.org

Sustainable development measures and performance

Focus AreasEn

erg

y S

ecu

rity • Active gas

exploration• Strategic

partnershipsG

row

th t

hro

ug

h

inn

ovati

on

• R&T centers• Break-

through technologies

En

vir

on

men

t • ISO-14001 EMS

• Audited by British Safety Council

• Mango tree plantation

Focus AreasP

rod

uct

Resp

on

sib

ilit

y • Signatory to ‘Responsible Care’ movement

• Certified to RCMS 14000 standard

Healt

h a

nd

safe

ty • Thorough

safety auditing

• Training to employees

• Fee health services to the community

Socia

l In

sti

tuti

on

Bu

ild

ing • Reliance

Drishti• Reliance

Foundation• Village

Farmer Associations

CSR IN NUMBERS

Rs 712 Cr CSR Expenditure in 2013-14

1+ million lives touched by Reliance Foundation

5500+ villages and urban locations touched by Reliance

Foundation

CSR IN NUMBERS

Net CSR spending around 3.24% of Net Profit

Source: RIL annual report FY 2013-14

The 4P model

Profit

Planet

People

Product

Profit

Market Capitalization Increase by 20.3% to Rs 3,00,405 crore

Record turnover of Rs 4,01,302 crore, increase of 8.1%

Record net profit of Rs 21,984 crore, increase of 4.7%

Planet

Planted more than 11,00,000 saplings through Reliance Foundation

Increased recycling material utilization by 9.4%

Reduced effluent discharged by 0.4%

24 million cubic meters of water harvesting facility through Reliance Foundation

People

1.36 man hours training to the work force

3,552 HIV/AIDS patients were provided support at the ART clinic of Dhirubhai Ambani Hospital at Lodhivali

Over 12800 free corneal transplants across India through Reliance Drishti

Product

PP non-woven fabric for crop protection against extreme weather

PVC based food packaging ensures high CO2 level and low oxygen level, ensuring zero insect survival

Controversies and issues raised

Controversy and issues raised

• FIR filed based on a report filed by former bureaucrat

• Collusion to increase gas prices• Rangarajan Committee formula – Criticism• Matter is far from settlement

AAP vs Reliance – Gas Pricing Controversy

• Applied for clearances in Dec 2001, but began work without getting the formal certificate

• No action has been taken

Drilling without Environment Clearances

• Issued fake shares and switched share sent for transfers by buyers to make illegal profits.

• Indulged in insider trading• Unholy nexus between UTI • Through front companies attempted to monopolize the private telecom market

Other controversies

Controversy and issues raised

• Paranjoy Guha Thakurta in Seminar magazine explains Dhirubhai Ambani’s proximity to politicians

• His enmity with Bombay Dyeing’s Nusli Wadia• Botched attempt to acquire Larsen & Toubro

Dhirubhai Ambani role

• SEBI fined Rs 13 crore for non-disclosure of diluted EPSSEBI fines RIL

• MPCB has taken action for violating air and pollution norms against RIL Nagpur Manufacturing Division

• Asked RIL to forfeit bank guarantee toward improper operation

Maharashtra Pollution Control

Board (MPCB) takes action against two

Reliance Units

Challenges – HIV & AIDS program

• Government’s public heath system is of poor standards as compared to private heath care

• Little support to RIL heath care services

Poor public health system

• RIL spends lot in training workers, but workers often drop out

• Add extra expenditure to train new workers every time

Retention of village workers

• RIL faced a lot of challenges while making people aware about the sexually transmitted diseases

• Workers also were reluctant to work at the beginning fearing that they would also get affected with the disease

Social stigma

Roadmap

Roadmap

► Reliance Foundation (RF) addresses the nation’s development challenges with its focus on five core pillars:► Rural Transformation► Education► Health, ► Urban Renewal,► Promotion and protection of India’s Arts, Culture and Heritage

Roadmap

Rural Transformation:

► BIJ – Bharat India Jodo is one of the major initiatives taken by RF ► Aim :bridging the rural – urban divide and supporting thousands of

marginal farmers across the country.► The RRDT (Reliance Rural Development Trust )is continually

constructing anganwadi buildings to face-lift the rural scene of Gujarat.

Roadmap

Education:

►Mumbai Indians ‘Education for All’ Initiative►Reliance Dhirubhai Ambani Protsaham Scheme► Girls’ Education Initiative: Construction of girls’ primary school at the

Moti Khavdi village in the vicinity of Jamnagar Complex

Roadmap

Healthcare:

► Recently, RIL undertook an ambitious Project ‘WISH’ (Work life Improvement for Safety and Health) to focus on emotional health of its employees as a part of Resilience Management.

► Expansion of Primary Health Centre Operations in rural areas► Revamping of ‘Sir HN Reliance Foundation Hospital and Research

Centre’ and creating world-class tertiary care hospital

Raodmap

Promotion and protection of India’s Art, Culture and Heritage

► RF has initiated Indian Textile Day at the Lakme Fashion Week► Aim:To highlight textile traditions and heritage that might be little

known and undiscovered.

Urban Renewal

► Goda park project is one of the recent initiatives by the foundation

Environmental sustainability

► New projects are carefully scrutinized and necessary environmental considerations and standards are incorporated.

► The foundation is promoting soil and water conservation measures.► Monitors and sensors are installed in manufacturing units to keep a

check on air pollutants ► Thousands of saplings are planted every year on individual and

common lands to promote biodiversity.

Critique

► The company is doing great work by taking all the aforementioned initiatives to make sure the country experiences a sustainable growth. Not only it is carrying on with the existing activities but every year RIL through RF comes up with more CSR initiatives

► As we were working on this project, we noticed that the reach of the foundation is restricted to only few states

► The company should reach to the northern and eastern parts of the country and help people of these areas overcome their difficulties and miseries. Source: http://www.reliancefoundation.org

Syed Kaleem – G036

Akriti Arora – G006

Hariprasad G – G018

Swetabh Chandra – G012

Prateek Guta – G030

Bibliography

► http://www.ril.com/html/aboutus/sustainability_report.html► http://www.reliancefoundation.org/index.html► http://www.ril.com/rportal1/DownloadLibUploads/

1400665256661_AR21052014.pdf