Coal India's Journey toward Sustainability
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Case Code: SUST027 Case Length: 12 Pages Period: 2016-2017 Pub Date: 2018 Teaching Note: Available |
Price: Rs.400 Organization: Coal India Limited Industry: Mining Countries: India Themes: Corporate Responsibility, Environmental Sustainability |
Abstract Case Intro 1 Case Intro 2 Excerpts
Introduction
In 2016, Coal India developed a 15-acre eco-park at one of its coal mining sites at Saoner and Gondegaon near Nagpur to promote eco-tourism in coal mines. This was a bid by the state-owned undertaking to restore areas that had been degraded by coal mining and turn them into eco-friendly areas. It further planned to convert seven abandoned mines into exotic biodiversity canters. In the same year, it signed an MoU with Solar Energy Corporation of India (SECI) to develop a 1,000 MW solar power project.
In 2012, CIL officially embraced corporate social responsibility and sustainability development as a core value of its business. Under the sustainable initiatives, it initiated activities in the three areas of environment, economic development, and social development. It planted trees over an area of 32,000 hectares in 1985, resulting in reducing the average temperature by 0.400 C and increasing average rainfall by 105.6mm. Over a period, it planted 73 million trees under its 'Clean and Green' drive initiative and the major impact of this drive was visible at the Jharia coalfield.
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