Posco-India commits part of its earning for CSR

Bhubaneswar, Jan 31 (PTI) Committing to plough back a part of its earnings for Corporate Social Responsibility (CSR), Posco-India today assured the people of Orissa to take care of concerns of different stakeholders.”As a responsible corporate citizen of India, we will continue to work for the welfare of the local community and, plough back a part of earnings for CSR after the operations commence,” said Posco-India Managing Director G W Sung.While welcoming the decision of the Ministry of Environment and Forest (MoEF), Sung said, “We welcome and accept with humility and gratitude, the decision.” Stating that the South Korean steel major fully appreciated the concerns of different stakeholders on sustainability of environment as well as livelihood of affected people, the managing director said that the company was committed to take sustainable green initiatives and effective measures for conserving the land and marine environment of the area. Read more…
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