Question: Does the company have strategies or initiatives in place to address global environmental issues such as climate change and global warming?
Answer:
Yes
4771761
2017
Verified by Community
updated about 4 years ago by Archana Mhaskey

PG- 25 The use of water sources has been rationalised by adopting scientific means of conservation e.g. rainwater harvesting, sewage treatment plants, seawater desalination plants, etc. for combating threats from global warming.

PG- 55

energy accounts for two-thirds of the total greenhouse gas emissions and 80% of CO2, most efforts to reduce emissions and mitigate climate change need to be focused on the energy sector. With the formulation of India’s Nationally Determined Contribution (NDC) and global signing of the Paris Agreement at COP 21 in 2015, India is set on a transition towards cleaner modes of energy

PG- 64

The rising concern towards climate change and global warming, ONGC has given due importance to pursue a low carbon high growth strategy and has undertaken some path-breaking initiatives towards Green House Gas mitigation. ONGC commenced its CDM journey way back in the year 2006. Currently, it has 15 registered CDM projects with the United Nations Framework Convention on Climate Change (UNFCCC) that yield (potential) Certified Emissions Reductions (CER) of approximately 2.1 million annually.

Archana Mhaskey.....2019-01-13 09:04:39 UTC