A CASE STUDY ON BHARAT PETROLEUM CORPORATION LIMITED'S CORPORATE SOCIAL RESPONSIBILITY INITIATIVES
DOI:
https://doi.org/10.67185/vimrj.v1i4.28Keywords:
Corporate Social Responsibility (CSR), Sustainable Development, CSR Initiative, CSR Disbursement, CSR spend, CSR obligations, Unspent CSR, Average Profits etcAbstract
The social responsibility of Bharat Petroleum Corporation Limited is strongly ingrained in our vision and value system, making it an exemplary Entity. Bharat Petroleum Corporation Limited, an Indian public sector organization, aims to accomplish the Sustainable Development Goals (SDGs) through efficient business strategies and policies. In this study, the researchers examined Bharat Petroleum Corporation Limited's CSR efforts in areas such as healthcare, training and education, environmental sustainability, rural and community development. Data was taken from the company's annual reports and the CSR portal from 2020-21 to 2025-26. In addition, the company's key areas of focus were identified. Bharat Petroleum Corporation Limited is one of the top 50 firms in the Futures cape responsible business rating 2020. This company's commitment to sustainability, development, and inclusive growth highlights the importance of studying their CSR methodology. Bharat Petroleum Corporation Limited was chosen for this study due to its expertise in CSR and its influence on various societal segments. For this investigation researchers conduct a descriptive study from the secondary data collected through its annual reports and from different research articles and papers. Researchers have found in their study that CSR disbursement and expenditures both are increasing continuously with increasing in profits and also showing very high degree of positive correlations. But unspent amount of CSR are also increases continuously. Company should focus to spend all amounts of its CSR obligation in a proper manner.
