NCERT Book Class 12 Business Studies Chapter 4 Planning

IOCL: Fuelling Sustainable Future
Planning
4
CHAPTER
L E A R N I N G
Indian Oil, a Maharatna PSU, is India’s foremost
OBJECTIVES
integrated energy conglomerate. As a leader,
the company dedicates itself to delivering After studying this
sustainable and affordable energy solutions that chapter, you will be
shape India’s energy landscape through planned able to:
diversification into alternative energy sources
and innovation for the global community. n State the meaning
This story of success is not written in ‘Letters of of planning;
Gold’ but in ‘Green,’ as the company escalates n Describe the
its goal of achieving net zero operational features and
emissions by the year 2046. To realize this vision,
importance of
the company plans to undertake an investment
of 2 lakh crore. The company envisions
planning;
economic development by implementing n Explain the
sustainable practices in line with achieving limitations of
net zero emissions and rolling out plans for a planning;
renewable and green energy ecosystem in the
country. In the spirit of sustainable planning, n Analyse the steps
IOCL has begun waste management strategies in the planning
by enhancing recycling efforts and ensuring the process; and
reduction of environmental footprints, waste n Identity the
stewardship, and biodiversity conservation.
different types of
IOCL, the country’s largest fuel retailer, has
consistently featured in Fortune’s Global
plans.
500 rankings for the last two decades on a