RELIANCE INDUSTRIES WINS PRESTIGIOUS ‘DUPONT OPERATIONAL EXCELLENCE AWARD’
Company’s operational efficiency and excellent project executional skills get global recognition
Mumbai, 4th August 2017: Reliance Industries Limited (RIL) has been adjudged the Global Winner of ‘The DuPont Operational Excellence Award – 2017’. The bi-annual DuPont Safety and Sustainability Awards recognise the most significant innovative projects delivering concrete results.
Commenting on the award, Shri Hital Meswani, Executive Director of RIL, said: “This award is a global recognition of RIL’s demonstrated ability of unparalleled efficient operations and excellent project execution. It showcases RIL’s sustainable approach towards Operational Excellence.”
Recognising the digital foundation that was built during ‘Business Transformation’, a scalable model was shaped with formalized procedures, policies and practices, capturing and documenting knowledge which hitherto existed in minds. This was further codified and documented with a common language and definitions across the group with the introduction of Reliance Management System and, in particular, the Operating Management System.
The DuPont Safety and Sustainability Awards recognise organizations which have found innovative ways of making an enduring difference to the safety and health of workers, to the environment, and to productivity. Since its launch in 2002, the bi-annual event has grown to become a prominent global fixture attracting entries from a wide range of industries and countries.
Currently in its 13th edition, the DuPont Safety and Sustainability Awards comprise ‘The DuPont Safety Award’, ‘The DuPont Sustainability Award’, and ‘The DuPont Operations Excellence Award’, selected by an independent jury.
RIL will be receiving the award on 4th September 2017, at a ceremony during the ‘XXI World Congress of Safety and Health at Work 2017’ in Singapore.
About Reliance Industries Limited (RIL):
Reliance Industries Limited (RIL) is India’s largest private sector company, with a consolidated turnover of INR 330,180 crore ($ 50.9 billion), cash profit of INR 42,800 crore ($ 6.6 billion), and net profit of INR 29,901 crore ($ 4.6 billion) for the year ended March 31, 2017.
RIL is the first private sector company from India to feature in Fortune’s Global 500 list of ‘World’s Largest Corporations’ – currently ranking 203rd in terms of revenues, and 110th in terms of profits. The company stands 106th in the ‘Forbes Global 2000’ rankings for 2017 – the top-most among Indian companies. It ranks 10th in LinkedIn’s ‘Top Companies Where India Wants to Work Now’ (2017). RIL’s activities span hydrocarbon exploration and production, petroleum refining and marketing, petrochemicals, retail and 4G digital services.