The Rashtriya Ispat Nigam Limited (RINL) has been given the CII-ITC Sustainability Award-2012 in recognition of its sustained focus on corporate social responsibility activity and environmental aspects.
The Commendation certificate for ‘strong Commitment’ was presented by President Pranab Mukherjee at a function held in New Delhi on Monday.
The award is instituted to identify and recognise industries for their exemplary performance in economic, environmental and social dimensions by the CII-ITC Centre of Excellence for Sustainable Development.
After receiving the award, RINL Chairman-cum-Managing Director A.P. Choudhary said that the award was a great encouragement for RINL Collective at this juncture to meet the future challenges.
He said the RINL believed that the ability to integrate sustainability with business outcomes and the ability to manage and live up to the expectations of stakeholders was the key for its success.
On the environment front, RINL-Visakhapatnam Steel Plant’s operational efficiency and overall excellence won many accolades in the past like “3 Leaves Rating” by the Centre for Science and Environment under the green rating project, “Excellent Water Efficient Unit" award by the CII.
The RINL’s strategic initiatives have always been drawn with focus on sustainability that has helped the company to consolidate its business and emerge as the most sought after steel-maker in the country.
The RINL pioneered in adoption of green technologies, with an investment of Rs. 1,283 crore (10 per cent of the total project cost) on pollution control systems and use of waste energy in the ongoing 6.3 million tonne expansion and through other modernisation projects.
