OIL AND • ONGC- A Maharatna, founded in 1956 by GOI, which

NATURAL GAS currently holds a 68.94% equity stake

CORPORATION • Largest Crude Oil and Natural Gas Company in India
• Contributing around 69% of crude oil (equivalent to
around 30% of the country's total demand) and
around 62% of natural gas to Indian domestic
production
• Owns and operates over 11,000 kms of pipelines in the
country
• Headquarter- Dehradun, Uttarakhand
• ONGC Videsh is a wholly owned subsidiary of ONGC
• ONGC Videsh has participation in 41 projects in 20
countries
• The Company currently operates/ jointly operates 21
projects in 15 countries
 The Directors and Senior Management shall act within the
CODE OF authority conferred upon them in the best interests of the
CONDUCT Company and will:
• act in the best interest of, and fulfill their fiduciary
obligations to the Company and its shareholders;
• act honestly, fairly, ethically and with integrity;
• conduct themselves in a professional, courteous and
respectful manner and not take improper advantage of their
position;
• act in good faith, responsibly, with due care, competence and
diligence, without allowing their independent judgment to be
subordinated;
• use their prudent judgment to avoid all situations, decisions
or relationships which give or could give rise to conflict of
interest or appear to conflict with their responsibilities within
the Company;
• not exploit for his/her own personal gain, opportunities that
are discovered through use of corporate property,
information or position, unless the Company declines to
pursue such opportunity for its business interest(s);
• disclose and avoid having any personal and/or financial
interest in any business dealings concerning the Company;
• avoid conducting business on behalf of the Company except with
the prior approval of the Board; with (a) a relative (b) a Private
Limited Company in which he or his relative is a Member or a
Director (c) a Public Limited Company in which he along with his
relative holds more than two per cent of its paid-up share capital;
and (d) with a firm in which he or his relative is a partner;
• avoid any dealings with a Contractor or Supplier that
compromises the ability to transact business on a professional,
impartial and competitive basis or influence decision to be made
by the Company;
• not hold any positions or jobs or engage in outside businesses or
other interests that are prejudicial to the interests of the
Company; and
• inform the Board, at the earliest opportunity, any existing or
potential conflict of interest situation.
It is clarified that it would not be a conflict of interest for the Director
& Senior Management of the Company or members of their
immediate family to have dealings in normal course with and to
obtain services from persons or entities who also deal/provide
services to the Company, including legal, accounting or brokerage
services, loans & services from banks or insurance from insurance
companies etc., at rates customary for similarly situated customers.
CORPORATE Corporate social responsibility (CSR) is a self-regulating
business model that helps a company be socially
SOCIAL
accountable — to itself, its stakeholders, and the public.
RESPONSIBILITY
Companies are necessary to constitute a CSR committee, if
their:
• Net worth is of Rs. 500 crores or more, or
• Turnover is of Rs. 1000 crores or more, or
• Net profit of Rs. 5 crores or more, during a financial
year.
If any of the above financial strength criteria are met, then
company is supposed to spent 2% of its average net profits
of three years towards CSR.

India is the first country in the world to make CSR

mandatory.
CSR FINANCIAL DETAILS (INC CR.)

Year 2014-15 2015-16 2016-17 2017-18

Actual CSR 495.23 419.06 525.90 503.42
Prescribed CSR 660.61 593.70 535.66 487.04

700

600
Actual CSR
500 Prescribed CSR

400
2014-15 2015-16 2016-17 2017-18

Estimated Prescribed CSR Budget FY 2018-19: INR 518.04 Cr

CSR PROJECTS OF THE COMPANY
ON GOING Project Utkarsh- Livelihood Project in Sibasagar, Assam
Initiated in 2011-12, this project seeks to expand
livelihood opportunities for 400 households in one year
through training of women in skills like tailoring, soft
toy making etc. with linkages for income generation as
well as training the elderly in vocations like goatery,
piggery, mushroom cultivation etc. while establishing
adequate forward and backward linkages.
IN THE YEAR • Environment Protection - Project Budget: INR 15.24 Cr
2017-18 • Bio-CNG Plant - Project Budget: INR 1.89 Cr
• Construction of Administrative Blocks - Project Budget: INR 2.83 Cr
• Promoting Arts and Culture - Project Budget: INR 2.50 Cr
• Cleaning and Restoration of Varanasi Kunds - Project Budget: INR
3.06 Cr
• Restoration works at Kedarnath - Project Budget: INR 3.54 Cr
• Welfare of SC/ST - Project Budget: INR 7.96 Cr
• Women empowerment & Reducing inequalities - Project Budget:
INR 2.93 Cr
• Woman Skilling and Entrepreneurship Development Initiative -
Project Budget: INR 2.01 Cr
• Construction of new ONGC-MRPL wing - Project Budget: INR 2.42 Cr
• Support to KV Schools - Project Budget: INR 47.96 Cr
• Education and Skill Development Initiatives - Project Budget: INR 30
Cr
• Education Infrastructure - Project Budget: INR 6.05 Cr
• IEC on Swachh Bharat Abhiyan - Project Budget: INR 2.20 Cr
• Promotion of Sanskrit Language - Project Budget: INR 4.36 Cr
• Construction of College Buildings - Project Budget: INR 4.79 Cr
• Rural Development Projects - Project Budget: INR 4.24 Cr
• Health Care initiatives - Project Budget: INR 14.08 Cr
• Health Infrastructure CSR Project - Project Budget: INR 5.85 Cr
• Swachh Bharat Abhiyan - Project Budget: INR 76.59 Cr
• Varishthajan Swasthya Sewa Abhiyan - Project Budget: INR 4.90 Cr
• Project Saraswati - Project Budget: INR 4.00 Cr
• Cleanliness Drive - Project Budget: INR 4.23 Cr
• ONGC Multi-specialty Hospital - Project Budget: INR 10.98 Cr
• Construction of Toilets – Project Budget INR 55.99 Cr
• Support for National Cancer Hospital - Project Budget: INR 100.00 Cr
 • Projects for promotion of Sports (2016-17) - Project Budget:
OTHER INR 1.88 Cr
IMPORTANT CSR • Promotion of Heritage, Art & Culture (2016-17) - Project
PROJECTS Budget: INR 51.47 Cr
• Gramin LPG Vitrak Yojana (2015-16) - Project Budget: INR
159.94 Cr
• ONGC-Eastern Swamp Deer Conservation Project (2014-15) -
Project Budget: INR 144.31 Cr
• ONGC-NSTFDC Hathkargha Prashikshan (2014-15) - Project
Budget: INR 1.82 Cr
• Harit Moksha (2014-15) - Project Budget: INR 144.31 Cr
• ONGC-GICEIT Computer Centre (2014-15) - Project Budget: INR
12.07 Cr