At Cairn, Oil & Gas vertical of Vedanta Limited, our vision is to build a world-class organization through business performance and partnerships that set a benchmark. As an oil and gas company in the natural resources sector, we take on the responsibility and the challenge of sustainability in strategy and practice.
Concepts of sustainable development are based on systems thinking. We have a keen awareness of the fact that the world’s natural resources and the resources for human development are interlinked, finite and/or fragile, and business and social development at any sustainable levels require strategic planning beyond today or tomorrow, perhaps into an unforeseeable future. We understand a focus on systems to mean grasping the concept of interconnectedness. Most simply put, we affect and impact each other :-
- Through our attitudes, decisions and actions
- As individuals, organizations and communities
- Across geographical locations
- Over the years
Measures of development reveal many opportunities for positive intervention. India’s rank on the Human Development Index as per HDR 2013 is 136 out of a 186 countries - low on human development as measured across four criteria, life expectancy, mean years of schooling, expected years of schooling and gross national income per capita. (Click here to know more). India has the second highest population in the world with over 1.2 billion people (China has the highest). India’s Sex ratio (Females per thousand males) is 943. In the 0-6 years age group this drops to 919, in rural areas 923. As per the 2011 census, literacy rate is 74% (Female literacy rate stands at 65% and Male literacy rate is over 80%). India ranks low on the Gender Inequality Index, visible across education, health, women’s human rights issues, freedom and opportunity and gender based employment and economic inequality.
For Cairn, Oil & Gas vertical of Vedanta Limited, these measures provide a great part of the framework for identifying our corporate responsibility, integrating socio-economic development interventions within core strategic business planning. To us these statistics represent multiple engagement opportunities across the spectrum of stakeholders including - partners and associates, Cairn teams, local communities and specific target populations such as children, youth, front line health and social development workers (such as Anganwadi teams), women, small-scale entrepreneurs and vendors, government and local administration, NGOs and CBOs and institutions focusing on health, education and livelihood issues.
Our operations contribute to India's vision of 'energy sufficiency and independence'. We achieve this through the application of the best technologies and safe and ethical work practices. Our Sustainability Development Steering Committee demonstrates Cairn’s commitment to our sustainability agenda. The steering committee ensures that we meet our annual sustainability goals and targets and provides a structured and holistic approach towards strengthening our sustainability development initiatives..
disclosures & Reports
Creating an impact
We are committed to mantain transparency and accountability in reporting our Sustainability practices.