Live news , top stories, corporate news, company news, sector news, economy news, results analysis news, ceo interviews, fund manager interview, advisor interview, market news, bazaar talk, hot stocks news, ipo news, commodities news, mutual fund news, insurance news, news wire
20 April, 2024 18:26 IST
HCC becomes India's first 'Water Positive' infra company
Source: IRIS | 06 Oct, 2015, 03.46PM
Rating: NAN / 5 stars.
Comments  |  Post Comment

Hindustan Construction Company (HCC), one of the leading infrastructure companies, has become India's first 'Water Positive' infrastructure company.

HCC has undertaken an external initiative of rejuvenating an old irrigation canal on Mhalungi river in Sinner taluka of Nashik district in Maharashtra besides its efforts to conserve water within operations by reducing, reusing, recycling and replenishing water. This external initiative has helped the company to become water positive. HCC is among ten Indian companies and the only Indian infrastructure company to become 'Water Positive'. 

Besides, HCC's sustainability report has received GRI Application Level A+ for the sixth consecutive year. The report has been prepared according to the GRI G3.1 and CRESS Guidelines.  The report is in line with 'National Voluntary Guidelines on Social, Environmental and Economic Responsibilities of Business' (NVGs), as released by the Ministry of Corporate Affairs in July 2011.

Additionally, this report is inclusive of its seventh consecutive annual Communication on Progress (COP) for the United Nations Global Compact’s CEO Water Mandate Initiative, covering the same reporting period.

Ajit Gulabchand, chairman and managing director, HCC Group, said, ''We recognize our business aspirations are closely interlinked with India’s environmental balance sheet. For us, Responsible Infrastructure means sustainable utilization of natural resources, world class safety provisions at all our project sites and supporting the creation of resilient and sustainable communities, while continuing to meet the nation’s infrastructure needs in an innovative and efficient manner.''

HCC has designed a comprehensive CSR policy with initiatives focusing on Health, Education, Environment, Rural Development and Disaster Relief, while addressing the communities in the vicinity of its project sites.

 Post Comment
Name Email
Comment
Security Code type    into this box
Related Articles
Home  |   Shares  |   F&O  |   Mutual Funds  |   Loans  |   Insurance  |   News Centre
Wealth Tracker  |   Newsletters  |   Tax Corner  |   NRI Centre  |   Advertise
© All rights reserved. IRIS Business Services Limited
A Disclaimer