Ucil
- 1. MINING, SUSTAINABLE DEVELOPMENT AND CSR-A CASE STUDY OF UCIL, JADUGUDA Presented by Daizy Junior Research Fellow, Department of Management Studies, ISM, Dhanbad Co-Authored by Dr. Niladri Das Assistant Professor, Department of Management Studies, ISM, Dhanbad
- 2. INTRODUCTION • Corporate sustainability - conjunction of two terms sustainable development and corporate social responsibility. • Corporate sustainability reporting - also known as CSR reporting and TBL reporting. • The purpose of this paper is to analyzes the critical issues related to the Sustainable Development and Corporate Social Responsibility (CSR) in the Uranium Corporation of India Ltd (UCIL)
- 3. SUSTAINABLE DEVELOPMENT • Sustainable development is a broad concept that stabilizes the demand for economic growth with environmental protection and social equity. • Development that meets the needs of the present without compromising the ability of the future generations to meet their own needs. (World Commission on Environment and Development, 1987)
- 4. MINING SECTOR • Mining is anticipated as a “dirty” and polluting industry. • Backbone of the industrial development . • Complex structure
- 5. SUSTAINABILITY INITIATIVES IN THE MINING SECTOR INITIATIVES OBJECTIVE DESCRIPTION ICMM (Intrenational Council on Mining & Metals) Work towards promoting Reporting & assurance, environment , health and safety, socio- economic development , materials stewardship Established by mining companies in 2001 for performance improvement and sustainability. Members include Rio Tinto, Xstrata, Anglo American, BHP Billliton Vale, Sumitomo, Barrick, LonMin, Goldcorp, MMG, JX Nippon. Ministry of Mines Work towards the development of Sustainable Development Framework. Actually the Hoda High-Level Committee reviewed the National Mineral Policy in 2005 and recommended the development of a Sustinable Development Framework for Indian mining sector. The Sustainable Development framework comprises principles, reporting iniatives and good practice guidelines.
- 6. SUSTAINABILITY INITIATIVES IN THE MINING SECTOR INITIATIVES OBJECTIVE DESCRIPTION EITI (Extrative Industries Transparency Initiative) Focus for the transparency in disclosure in mining and oil and gas exploration. Basically , its coalition of governments, companies, civil society and investors and support by 80 global investment institutions with $16 trillion in Aum. It initiates EITI Multi-Donor Fund, Investors’ statement. SMI (Sustainable Mining Initiaive) India To enhance mining industry’s contribution to the larger goal of the sustainable development in the country. The Sustainable Mining Initiative is aligned with the proposed Mines and Minerals Development and Regulation (MMDR) Act of 2011, which advocates for the mining industry to operate within a Sustainable development framework.
- 7. LINKAGES BETWEEN THE SUSTAINABILITY DEVELOPMENT AND CORPORATE SOCIAL RESPONISIBILITY Sustainable Development Corporate Economic Responsibility Corporate environmental responsibility Corporate Social Responsibility
- 8. RESEARCH METHODOLOGY • Research based on a case study approach and is based on the study of UCIL (Uranium Corporation of India Ltd). • Secondary data is used and collected from the capitaline database and company website. • Techniques used is content analysis. • Content analysis is a research tool used to determine the presence of certain words or concepts within the texts.
- 9. URANIUM CORPORATION OF INDIA LTD • UCIL is a public sector Enterprise under the Department of Atomic Energy. • UCIL play a very significant role in India nuclear power generation programme. • UCIL has nine operations in Jharkhand and three in other state of India. • It has two processing plants at Jaduguda and Turamdih and an upcoming milling project at Tummalepalle in Andra Pradesh. KPM opencast mining and milling project at Meghalaya is in the pipeline.
- 10. DISLCOSURE OF SOCIAL AND ENVIRONMENTAL REPORTING Year Sustainabi lity Safety mines Human resource development Environmental and ecology information CSR activities TNP (Talent Nurture Program me) 2006- 2007 × Yes Yes Yes Yes Yes 2007- 2008 × Yes Yes Yes Yes No 2008- 2009 × Yes Yes Yes Yes Yes 2009- 2010 × Yes Yes Yes Yes yes 2010- 2011 × yes yes yes Yes yes
- 11. REPORTING TIMELINE OF UCIL Reporting 2006-07 2007-08 2008-09 2009-2010 2010-2011 Annual Report (number of pages) 64 17 66 65 66 Social and environmental information (no. of pages) 4 4 4 4 4 Social and environmental information (no. of words) 1107/556 638/291 1065/491 896/405 1332/600
- 12. RESULT AND FINDINGS • The company is prohibited by the Department of Atomic Energy’s orders. • UCIL has been awarded with ISO Certification such as ISO 9001:2008, ISO 14001:2004, ISO 18001:2007. • Various HRD (Human Resource Development) initiatives in developing human resource. • Lack of consciousness related to sustainability reporting and knowledge of appropriate rules and regulations are some of the factors which are set behind the Uranium Corporation of India Ltd.
- 13. RESULT & FINDING • Uranium Corporation of India Ltd maintained a healthy amicable and harmonious relation to all levels. • Gratuity fund , death Benefit fund, Karamchari Pariwarik Sahayata Yojana, sport council, Welfare Fund Scheme etc. has been given to the employee of the UCIL. • UCIL maintain websites, which contains information on their social and environmental performance.
- 14. RESULT & FINDING • UCIL started “The Talent Nurture Programme” for free education to the children of the economically backward people of the surrounding villages. • Every year, the Safety Week Campaign is devised in the UCIL in order to increase safety awareness amongst the employees. • The committee is created with the motive of implementing relevant self-sustaining welfare schemes and provision for adequate land.
- 15. CONCLUSION • UCIL’s are not aware about the sustainability reporting framework and they are presenting information as per department of Atomic Energy act 1956. • UCIL Company needs to develop and foster technological innovations to address sustainability concerns facing the mining industry and to achieve sustainable mine development.
- 16. THANK YOU