Ispat wins coveted Award for Corporate Social Responsibility
Ispat Industries Limited has been awarded the ‘Golden Peacock Award for Corporate Social Responsibility - 2005’ by the award Jury, under the Chairmanship of Justice P N Bhagwati, former Chief Justice of India in the category of ‘Private Sector’. The award instituted by the Institutes of Director, New Delhi, is based on the pattern of the Malcolm Baldrige Awards in USA for outstanding achievements.
The award was presented during the inaugural session of the 16th World Congress on Total Quality, on Friday, 20 January 2006 in New Delhi by Smt. Sheila Dixit, Chief Minister, Delhi.
Ispat’s Corporate Social Responsibility programme, encompassing rural health, primary education, rural women empowerment and promoting district level sports, has always been acknowledged in the environment in and around where it resides. The company’s overwhelming role in protecting the lives of thousands of disaster hit villagers in and around the Pen Taluka during the recent Maharashtra floods has received special accolades from all quarters.
While presenting the Award, the panel of Jury made special references to Ispat’s role in stopping of some of lakes and tanks in the district from being inundated, thereby protecting many of the villages in Pen from being washed away.
Ispat, operates a 3 million tonnes integrated steel complex at Dolvi, located at Pen Taluka in Raigad district of Maharashtra. The steel complex is about 100 kilometers from Mumbai. Ispat also has a downs-stream cold rolling complex at Kalmeshwar, near Nagpur.
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