ONGC cuts carbon intensity by over 12 pc in 5 years: Chairman

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By Ashish Mitra --
Saturday, 06 Feb, 2021

In order to make its operations more sustainable, Oil and Natural Gas Corporation (ONGC) has cut carbon emission intensity of its operations by over 12 per cent in the last five years, chairman and managing director Shashi Shanker said.

Speaking at the 15th National Convention of Global Compact Network India (GCNI), he called for deeper collaborative tie-ups between all stakeholders to help the nation navigate through the unprecedented and changing times. Incidentally, he is also the president of GCNI.

Shanker called the platform to engage and contribute to achieving sustainable development goals (SDGs) for people, planet, progress and peace."

Held for the first time through a virtual medium, the two-day National Convention of GCNI on February 4-5 was themed 'Raising the SDG Ambition - Pathways for Sustainable Recovery and Growth'.

Emphasising the role of GCNI, which was founded in 2003, Shanker noted that the organisation has spread the message of the United Nations Global Compact (UNGC) to corporate India and has created a platform that offers a bouquet of services to its members to facilitate better understanding and imbibing the 10 principles of SDGs into their work culture and corporate governance structures.

"GCNI is the only agency in India driving all 17 SDGs chartered by the United Nations. In the past few months, GCNI has taken to the online platform and worked tirelessly towards achieving the SDGs as we inch closer to the set target of 2030," he added.

ONGC cuts carbon intensity by over 12 pc in 5 years: Chairman. In order to make its operations more sustainable, Oil and Natural Gas Corporation (ONGC) has cut carbon emission intensity of its operations by over 12 per cent in the last five years, chairman and managing director Shashi Shanker said.

Speaking at the 15th National Convention of Global Compact Network India (GCNI), he called for deeper collaborative tie-ups between all stakeholders to help the nation navigate through the unprecedented and changing times. Incidentally, he is also the president of GCNI.

Shanker called the platform to engage and contribute to achieving sustainable development goals (SDGs) for people, planet, progress and peace."

Held for the first time through a virtual medium, the two-day National Convention of GCNI on February 4-5 was themed 'Raising the SDG Ambition - Pathways for Sustainable Recovery and Growth'.

Emphasising the role of GCNI, which was founded in 2003, Shanker noted that the organisation has spread the message of the United Nations Global Compact (UNGC) to corporate India and has created a platform that offers a bouquet of services to its members to facilitate better understanding and imbibing the 10 principles of SDGs into their work culture and corporate governance structures.

"GCNI is the only agency in India driving all 17 SDGs chartered by the United Nations. In the past few months, GCNI has taken to the online platform and worked tirelessly towards achieving the SDGs as we inch closer to the set target of 2030," he added.