GAIL (India) released its sustainability report for FY 2013-14, which is the first report among public sector enterprises of India to receive the coveted A+ application level statement by international organization Global Reporting Initiative (GRI).
This is the fourth sustainability report published by GAIL and is based on the theme care, share & grow. The stakeholder centric report offers a holistic view of GAILs business, highlighting GAILs sustainability performance during the year while taking along the stakeholders.
Speaking on the occasion, B.C. Tripathi, chairman and MD, GAIL, said, ''As the company remains committed to delivering enduring value to all its stakeholders, the organisation shall stand focused in maintaining world class standards for ensuring operational safety and efficiency of the hydrocarbon assets.
The report also highlights on the progress made by GAIL towards achieving its sustainability targets of sustainability aspirations 2020. The GHG emissions intensity has reduced by 42% and the intensity of fresh water consumption declined by 47% from base FY 2010-11.
Shares of the company gained Rs 4.7, or 1.05%, to trade at Rs 450.60. The total volume of shares traded was 14,608 at the BSE (12.08 p.m., Thursday).