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SR I_Brochure_I c.cdr - ONGC

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About the Report<br />

“<strong>ONGC</strong>'s Sustainability Report 2010-11 is a continuation of our structured efforts towards improved disclosure of triple<br />

bottom-line performance and enriching stakeholder relationships"<br />

<strong>ONGC</strong>'s Sustainability Report (2010-11) has been prepared in accordance with the requirements of Global Reporting Initiative<br />

(GRI) G3 guidelines. The content of the report has been developed on the principles of materiality and stakeholder inclusiveness<br />

as applicable to <strong>ONGC</strong>'s current sustainability context. We adhered to the principles of balance, clarity, accuracy, timeliness,<br />

comparability and reliability while preparing this report.<br />

For validation of the reported contents and to enhance their credibility, we have sought external assurance from Ernst & Young.<br />

The assurance engagement meets the requirements of a ‘Type 1, Moderate level’ assurance engagement as defined by<br />

AccountAbility's AA1000AS (2008) standard. The report has been prepared in accordance with application level A of the Global<br />

Reporting Initiative (GRI) G3 guidelines 2006.<br />

The reporting period for this report is from 1 April, 2010 to 31 March 2011, which<br />

coincides with our financial year 2010-11. At numerous occasions, we<br />

have included data for previous years to enable our<br />

stakeholders to compare our performance over time.<br />

We follow the annual reporting cycle and our last<br />

year's report, which was also our first report,<br />

was launched in September 2010.<br />

This report is limited to <strong>ONGC</strong>'s<br />

exploration and production operations<br />

(both onshore and offshore) in India<br />

only (excludes joint ventures and<br />

subsidiaries). Onshore refers to<br />

operations on land and offshore<br />

refers to operations at sea. Our<br />

onshore operations also include<br />

o u r t w o l a r g e i n t e g r a t e d<br />

processing plants at Hazira (Gas)<br />

and Uran (Crude Oil & Gas) where<br />

we also manufacture value added<br />

products.<br />

While we have taken due care in<br />

preparing a comprehensive, transparent<br />

and accurate account of our sustainability<br />

performance, we acknowledge that we might<br />

have missed certain topics of relevance for our<br />

esteemed stakeholders. We seek feedback on such<br />

topics and suggestions in order to improve our<br />

sustainability strategy, performance and commitments<br />

elaborated in this report.<br />

The comments/suggestions received will be reviewed and replied to as deemed appropriate by the management and will serve<br />

to improve our reporting process.<br />

You are requested to direct your comments and suggestions to:<br />

Mr. A B Chakraborty<br />

Executive Director - Chief Carbon Management Group, <strong>ONGC</strong><br />

10th Floor, Core 4, Scope Minar, Laxmi Nagar<br />

Delhi - 110092<br />

E-Mail: chakraborty_ab@ongc.co.in

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