(1.78%) NSE 1,542.35 (1.78%)
(1.73%) BSE 1,542.15 (1.73%)
Our commitment to sustainable development goes beyond our operating boundaries, as we continuously aim to add value to our stakeholders by advancing knowledge and improving lives.
We seek internal and external perspectives to identify and help us better understand the risks and opportunities associated with new and emerging issues. The issues identified are evaluated for their relevance to Reliance and their impact on economic, environmental and social aspects. This exercise is performed annually to ensure its relevance to the changing business environment, and the disclosure through reports is aimed at our stakeholders like investors, customers, employees, JV partners, business partners and the community. We have worked with key stakeholders and focused our efforts towards our strategic pillars for sustainable development: energy management, environment, product stewardship, occupational health and safety, and social institution building.
Our focus on the five strategic pillars ensures that we grow our business while responding to global trends and stakeholder needs. The key activities undertaken against each of the strategic pillars build on the progress we have already made in order to reduce our environmental impact, and contribute to society by investing in meaningful endeavours.
We have taken decisive steps to improve energy efficiency in its operations. A dedicated team works relentlessly to identify and implement energy conservation initiatives, resource optimisation and renewable energy projects at all RIL's manufacturing sites. Some of the energy efficiency initiatives include:
− Enhanced heat recovery by revamping of air preheaters to recover more energy from flue gases. − Improved heat rate by uprating Gas Turbines. − Installation of advanced technologies like Divided Wall Column (DWC).
RIL has registered eight CDM projects with the United Nations Framework Convention on Climate Change (UNFCCC). These projects are related to energy efficiency, use of renewable energy and cleaner fuels.
Our refineries have continued to remain in top quartile performance based on Solomon's energy intensity index. Key strengths as per Solomon study are energy efficiency, operational availability and utilised processing complexity.
In FY 2016-17, we recycled 45.5% of our water.
We have invested in several innovative renewable energy generation initiatives such as Algae to Oil and Jatropha-based biodiesel. We have also installed rooftop solar photo voltaic modules and biogas generation facilities across several of our manufacturing sites.
We are recycling about 60,000 tons of PET bottles a year. Taking it a step further, we are creating value from waste. Recron Green Gold Polyester Staple fibre is produced by a highly eco-friendly process; apart from being made from 100% recycled PET bottles, it also uses 90% recycled water.
Through a unique partnership with Ministry of Environment and Forests, Government of India and Gujarat Ecological Commission, RIL is involved in setting up the National Centre for Marine Biodiversity (NCMB)-India's first Centre of Excellence for the study of India's coastal biodiversity at Jamnagar.
Additionally, our Jamnagar site is home to Asia's largest mango orchard in arid land.
In FY 2016-17, Reliance was granted a total of 60 patents.
Reliance reviews the environmental, health and safety impacts of its products continuously to ensure that they do not pose any risks to people and environment. A few such products that incorporate social and environmental impacts include:
− Reliance's geotextiles and geogrids products have been successfully used in stabilisation of railway tracks in different regions. − Mulch film has been used for cotton cultivation at different places resulting in better growth of plants, enhancing productivity. − Recron Green Gold is one of the green textile fibers, which reduces its own carbon footprint by 28% over last two years. It has been certified as 'Greenest Textile fibre in the World' by SGS Hong Kong. − RelWoodTM is a superior product that looks and feels like wood but is much stronger. It is made using patented German technology that blends Material Sciences with Interfacial Sciences. − Our specialty polymer formulations help make durable all-weather pipes that help transport water wherever it is needed.
All our manufacturing sites have adopted Occupational Health & Safety Management Systems (OHSAS-18001).
A unique initiative called 'Task Based Health Risk Assessment' (TBHRA) focuses on identifying health and safety risks to arrive at an employee level health risk profile.
We have implemented an initiative, 'REFERS' (Reliance Employee & Family Emergency Response Services) which offers 24x7 assistance in case of any medical accident, fire and security exigencies for our employees and their family members.
"R-Swasthya" is a health & wellness initiative aims to create a culture where our employees choose to live healthier lifestyles.
To overcome emerging mental health issues, we undertook an ambitious project 'WISH' (Work life Improvement for Safety and Health) on work life balance to focus on emotional health as a part of resilience management.
Our Rural Transformation initiatives have enhanced livelihoods of 8+ lakh farmers, fisher folks and livestock owners. Over the past year, 2,200+ Ha of land was brought under improved cultivation, capacity was created to collect 32+ lakh cubic metres of rainwater; and 12 + lakh saplings were planted.
Our Health initiatives have provided over 5 lakh health consultations. Through this 33,900+ women were screened for anaemia, of which 8,000 were diagnosed and treated, and 29,700+ children screened for malnutrition, of which 2,000+ malnourished children were treated.
Reliance Foundation's Drishti programme, which is run in association with the National Association for the Blind, Arvind Eye Hospital and Hyderabad Eye Institute, has supported over 15,500 corneal transplants across the country since inception.
In 2017, we distributed 60+ million litres of drinking water to 100+ drought affected villages of Maharashtra, and also helped rejuvenate the Sona River ensuring drinking water security for 14,000+ people.
Reliance commenced reporting annually on its triple-bottom line performance from FY 2004-05. All its sustainability reports are externally assured and are GRI checked. The maiden report received 'in-accordance' status from GRI and all subsequent reports are 'GRI Checked A + 'application level reports.
After 25 years of operations, Shell, Reliance and ONGC JV transfer the Pann [...]
Reliance and BP move forward with Indian fuels partnership
ADNOC and Reliance Industries Limited Sign Agreement to Explore Development [...]