Energy Maharatna, Oil and Natural Gas Corporation (ONGC) Limited adder another glory to its kitty bagging S&P Platts Global Energy Award 2019 for Corporate Social Responsibility - Diversified Program. ONGC is the only Indian company to bag honors from Platts this time across all categories.
The Award ceremony was held on 12 December 2019 in Cipriani – South Street in New YorkCity.
ONGC receiving S&P Platts Global Energy Award 2019
The S&P Global Platts Global Energy Awards 2019 recognizes corporate and individual innovation, leadership, and superior performance in 21categories spanning the entire energy value chain. The award was judged by an independent panel of international energy experts. They evaluated the finalists based on the criteria listed for each category. Also, they considered the companies’ profiles and financial performance in the designated timeframe.
Other prominent corporates who were nominated in the category were CNOOC, Cox Enterprises, Grupo T-Solar Global, Netherlands Development Finance Corporation (FMO), PTT Global Chemical, Southern Company, Tata PowerDelhi Distribution, Xcel Energy. ONGC beat these competitors and came out with flying colors. With this award, ONGC represents the ‘best in the industry’ in CSR.