Power Grid Corporation of India Ltd. receives Global Gold Award for CSR work:
The Green Organization has awarded Power Grid Corporation of India Ltd. (PGCIL),a Maharatna CPSU of Ministry of Power, Government of India, with the Global Gold Award for their Corporate Social Responsibility (CSR) work. The recognition was given at the Green World Awards 2023 function held in Miami, USA. This award is a recognition of PGCIL’s efforts to improve agriculture productivity and rural livelihood through watershed management, community participation, and better crop management practices in 10 villages of Jaipatna Block of Kalahandi District in Odisha.
The 60-month farmer-centric project started in October 2019 and has a withdrawal plan to ensure its sustainability. PGCIL has been involved in a number of CSR programs for the community and environment. With a well-defined and customized Exit Policy for its CSR projects, PGCIL gives importance to community participation by way of effective collaboration, capacity building, and sustainability aligned to the UN Sustainable Development Goals.
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Importance of Corporate Social Responsibility:
Corporate Social Responsibility (CSR) is a business approach that involves taking responsibility for the company’s impact on society and the environment. It is a company’s way of giving back to the community and the environment that it operates in. CSR includes a wide range of activities such as supporting education, health, and environmental causes, improving the lives of the people in the community, and promoting sustainable development.
CSR has become increasingly important in recent years as consumers are more conscious of the impact that companies have on society and the environment. Companies that are seen to be socially responsible are more likely to be successful in the long term as they are viewed positively by consumers.
PGCIL’s CSR initiatives:
PGCIL is committed to contributing to the well-being of the community and the environment. The company has undertaken several CSR initiatives aimed at improving the lives of the people in the community and promoting sustainable development.
The 60-month farmer-centric project in Jaipatna Block of Kalahandi District in Odisha is an example of PGCIL’s commitment to CSR. The project aims to improve agriculture productivity and rural livelihood through watershed management, community participation, and better crop management practices. PGCIL’s well-defined and customized Exit Policy ensures the sustainability of the project.
PGCIL’s CSR initiatives are aligned with the UN Sustainable Development Goals (SDGs). The company gives importance to community participation by way of effective collaboration, capacity building, and sustainability. PGCIL’s CSR initiatives are aimed at improving the lives of the people in the community and promoting sustainable development.
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