ONGC to become carbon neutral
In the interest of sustainable development for times to come, oil major ONGC is making all efforts to become carbon neutral in its oil-field business. This implies that whatever Greenhouse Gases it is necessarily generating to produce Crude Oil & Natural Gas, will be compensated by ONGC’s environment-friendly measures like eco-forestation.
This was communicated to all ONGCians by ONGC’s CMD Mr. R S Sharma, in his address to ONGCians on the Environment Day on 5th June 2008. Speaking on that occasion in ONGC, Mr. R H Khawaja, Additional Secretary, Ministry of Forest & Environment, Govt. of India, emphasized on the need to take substantive action to control carbon emission, rather than, token gestures to save the environment. He appreciated ONGC’s efforts towards Environment Management and strategies drawn to mitigate the GHG emissions.
To make its operations carbon neutral, ONGC has chalked out an elaborate plan to add value and contribute for a better environment, as shown by the ‘Bamboo Plant Initiative’ in Himalayan Range at Uttrakahand in which ONGC is slated to play a significant role.
ONGC has also taken a lead role in development and conservation of Mangroves to protect soil erosion in coastal areas of the country.
One Response to “ONGC to become carbon neutral”
By JR Fan on Jun 25, 2008 | Reply
I’m considering joining the World Wealth Society, a group started by thought leader, James Arthur Ray (I’m a big fan) and wanted to see if anyone had any tips or info about going carbon neutral as a business owner. One of the requirements of the society is, as a business owner, to take your company carbon neutral and to set up an environmental policy. I’m totally onboard, but frankly, I’m a little intimidated and would love to hear from some other business owners who have done this and what the costs and time commitments are to make this happen. James talks about why we need to do this in his book, Harmonic Wealth (check out the Relationship chapter – as in relationship with the world! – on page 133), but I’d love some more specifics. If you are interested, check out his website: http://www.jamesray.com or http://www.harmonicwealth.com.
Thanks!