Comparing Business Ethics and Corporate Social Responsibility of ONGC & AGL

This report compares the business ethics and corporate social responsibility of ONGC and AGL, two companies operating in different countries. It discusses their values, approaches to sustainability, and social reports.

Running head: BUSINESS SOCIETY AND PLANET
Business society and planet
Name of the student:
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Executive summary
The main aim of the paper is to compare the ethical concern of the two
companies”ONGC & AGL”. The paper will focus on the business ethics followed by both the
companies. It will discuss on the values and approaches to sustainability. It will focus on the
corporate social responsibility imposed by the companies that deals with same type of
products in two different countries. The paper will identify the values and social
responsibility that reports to their sustainability development. Lastly the paper concluded on
finding the social report and comparing the companies in accordance to that.

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Table of Contents
Introduction................................................................................................................................3
Overview of the company......................................................................................................3
Discussion..................................................................................................................................3
ONGC & AGL.......................................................................................................................3
Business ethics in “ONGC & AGL”......................................................................................4
Values and sustainability of “ONGC & AGL”......................................................................5
Corporate social responsibility of “ONGC & AGL”.............................................................6
Social reports of “ONGC & AGL”........................................................................................7
Comparing “ONGC & AGL”.................................................................................................7
Conclusion..................................................................................................................................7
References..................................................................................................................................8

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Introduction
The aim of this report is to compare two companies “ONGC & AGL” on the basis of
their values and responsibilities. The following paragraphs of the paper will discuss on the
detailed overview of both the companies and will compare the similarities and dissimilarities
of values and sustainability of both the companies. This report will focus on the business
ethics and will analyse and compare the values and approaches to sustainability and CSR
reporting of both the companies. Additionally, it will identify the sustainability for which the
company is suitable and the social report which reflects the values for the companies.
Overview of the company
The companies “ONGC & AGL” have a different background and operates for
different product services. ONGC is a multinational oil and Natural Gas Corporation operates
worldwide to serve the products like petroleum, natural gas and other petrochemicals. It is an
Indian multinational company founded on 14th August 1956 under the administrative control
of the ministry of petroleum and natural gas. AGL stands for Australian gas light. It is an
Australian company which involves the activities of both generation and retailing of gas and
electricity for commercial and residential use. The company produces the products like
energy, natural gas, wind power, hydroelectricity and coal seam gas. The company was
founded in 1837 in Sydney.
Discussion
ONGC & AGL
The companies “ONGC & AGL” produces natural gases, power and electricity. The
companies are located in two different countries India and Australia. ONGC is a
multinational Indian company deals with oil and natural gas (Singh, 2014). It is operated

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worldwide and produces the products like petroleum, natural gas and other petrochemicals.
The company has its headquarters in Dehradun and Uttarakhand. The company is undertaken
by government of India and is controlled by Ministry of petroleum and natural gas. It is one
of the India’s largest exploration and Production Company in oil and gas. The company
produces around 70% of crude oil which contributes to 30% of India’s total demand and
produces 62% of its natural gas. It is ranked in the 11th position in top 250 global energy
companies. The company holds 68.94% share in equity stake (Sahu, 2014).
AGL is an Australian company which provides the services in electricity generation,
electricity distribution, electricity retailing and distribution and retailing of natural gas. It
provides the services for both commercial and residential use. The company generates energy
from the power stations with the use of sources like wind power, thermal power, natural gas,
hydroelectricity, gas storage, coal seam gas, and solar energy (Sherval & Hardiman, 2014).
The company acquires more than 3.6 million residential and business customer across
different areas. It is one of the largest private owner and developer of renewable energy assets
which makes a huge investment in supply of electricity and gas. It is ranked in the 30th
number out of 2000 companies in Australia. The majority of its income is generated from the
electricity supply. The company operates under various business units of customer markets,
wholesale markets, group operations and investments (Sharma, Sharma & Kishor, 2013).
Business ethics in “ONGC & AGL”
The companies follows different business ethics to run its organisation. ONGC
follows an ethics in its organisation that provides an initiatives to promote transparency in
personal conduct and decision making process. ONGC has adopted the policy of bringing
more transparency and ethics in operational practices as it is a responsible corporate citizen
(Giri, 2017). The company has adopted the policy to provide more opportunities to its
employees to encourage to become whistle blowers that states that if an employee feels any

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kind of fraudulent or any unethical practices faced by them can report immediately to its
higher authorities. In addition to this it ensures to protect its employees from any harm.
AGL follows a different ethics in its organisation as it adopted the policy of acting
honestly and with integrity, observing the law, voluntary commitments and internal
standards, valuing and maintaining professionalism, respecting confidentiality, managing
conflicts of interest, they look after their employees and also serves the community as well.
The company remoulded its policy in FY17 as of disciplinary actions, performance
counselling, coaching, education sessions, and cessation of employment and resolution
guidelines (Soral & Kamra, 2013).
Values and sustainability of “ONGC & AGL”
The company “ONGC” promotes the sustainable development of the organisation. It
shows its commitment towards enhancing the benchmark of economics, social and
environmental performance. The company focused on its carbon management which creates
an issues in environment for sustainable development (Aggarwal, 2013). In order to
overcome this issue by carbon footprint the company decided to reduce the use of carbon in
energy consumption. The company focused on sustainable water management strategy and
aimed in reducing the use of specific fresh water consumption and reporting the practices and
standards on water footprint. The company commenced the corporate sustainability and
stated of being accountable, transparent and responsive to expand the necessities of
stakeholders. The company values to serve its stakeholders with a better return on their
investment and values in linking the other sectors of energy business (Bajpai & Mehta, 2014).
In accordance to the authors (Hahn & Spieth, 2014) the company “AGL” promotes
the sustainability development in its organisation by imposing various plans which is
effective in long-term development and survival of the organisation. The company focuses on

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adapting the long-term responsibilities of its stakeholders. It focuses on development of its
employees, community, customers and environment which impacts in their decision making
process and other activities of business. The company has taken the policy to develop its
approach in supply chain management (Jha, 2016). The company values its suppliers with
sustainable values and commitment, spreads its values regarding the creation of employment
opportunity and developing their skills at local level. Additionally, it values in reducing the
impacts of its products or services in social and environmental factors (Klettner, Clarke &
Boersma, 2014).
Corporate social responsibility of “ONGC & AGL”
According to the authors (Jaysawal & Saha, 2015) the company “ONGC” has
imposed the corporate social responsibility which acts as a vital tool for the creation of social
value with people, planet and profit. This approach in creation of social value reflects in a
positive impact in the society. The core value described in this approach reveals in
compassion, conviction and innovation which serves the under privileged and it extents to the
partners of the company, its stakeholders, communities and environment (Jain, 2013). The
team of CSR aims at developing the techno-economically viable and environment-friendly
projects which have the sustainable impacts and ensures high standards of safety and
protecting the environment. The social responsibility of company focuses on the health care,
entrepreneurship, infrastructure support, women empowerment, water management and
environment protection (Kimber & Lucas, 2017).
According to the authors (Govindarajan & Amilan, 2013) the company “AGL”
contributes to the economic activities that combines to fulfil the social responsibility that
relates to education, health, safety, and environment aspects. The company supports the
community activities with the main focus on developing the local infrastructure and
supporting employment (Mewafarosh & Naeem, 2016). It broadened the social activities and

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focused on long-term projects. The company implements the social projects in order to
operate and maintain a positive relationship with the local population. The main aim to
impose the corporate social responsibility is to identify the existing problems and develop
social programs that responds to the needs and local challenges (ANCHULA &
KARAMALA, 2015).
Social reports of “ONGC & AGL”
According to the author (Mishra, 2015) ONGC contributes to the society and makes
commitment towards the welfare of the society. The company visions to support responsible
and sustainable initiative and taking care of the concern for people, planet and profit. Though
it makes the contribution for the welfare of the society as well as creating values for the
organisation itself. Additionally, it shows its concerns towards not affecting the society by
reducing the use of carbon energy in its products.
According to the author (Mckenzie, 2013) AGL contributes to the society as by
implementing various sustainability principles and values. The company plans to develop the
local communities and create employment opportunity for the society. Additionally it
develops the skills of the people at local level and supports the social and environmental
factors by reducing the impact of their product or services.
Comparing “ONGC & AGL”
Comparing the two companies on the basis of their social structure, ethical concerns
and corporate social responsibility. Both the companies produces a similar kind of products
that operates in two different countries and follows different policies to run their organisation.
On the basis of business ethics ONGC follows a business ethics that provides an initiatives to
promote transparency in personal conduct and decision making process. The company

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provides more opportunities to its employees to encourage to become whistle blowers that
states to report against a fraudulent to the organisations authorities and ensures of their safety.
Whereas AGL follows an ethics that states that it adopts the policy of acting honestly and
with integrity, observing the law, voluntary commitments and internal standards. It shows in
valuing and maintaining professionalism, respecting confidentiality, managing conflicts of
interest, they look after their employees and also serves the community as well. It adapted a
change in its policy and imposed disciplinary actions, performance counselling, coaching,
education sessions, and cessation of employment and resolution guidelines. On the basis of
values and sustainability development ONGC is committed towards enhancing the
benchmark of economics, social and environmental performance. The company serves the
values to its stakeholders in providing better return to their investments and commenced the
corporate sustainability and stated of being accountable, transparent and responsive to expand
the necessities of stakeholders. Whereas AGL is committed in long-term development and
survival of the organisation. It focuses on development of its employees, community,
customers and environment which impacts in their decision making process and other
activities of business. The company values in reducing the impacts of its products or services
in social and environmental factors. On the basis of corporate social responsibility ONGC
approaches to create social value with people, planet and profit. It aims at developing the
techno-economically viable and environment-friendly projects which have the sustainable
impacts and ensures high standards of safety and protecting the environment. Additionally, it
focuses on the health care, entrepreneurship, infrastructure support, women empowerment,
water management and environment protection. Whereas, AGL approaches to support the
community activities with the main focus on developing the local infrastructure and
supporting employment. Its main purpose is to impose the corporate social responsibility is to

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identify the existing problems and develop social programs that responds to the needs and
local challenges.
Conclusion
The above report concludes on comparing the two companies “ONGC & AGL”. The
following paragraphs this report discussed on the detailed overview of both the companies
and discussed on the business ethics of the companies which shows that ONGC shows
transparency in performing the activities relating to the personal conduct and decision making
process and AGL shows its policy of acting honestly with integrity and commitments and
values in maintaining the professions and respecting confidentiality. The paper discussed on
the values and sustainability of the companies where ONGC shows its commitment towards
social, environmental and benchmark of economies. It values to serve its stake holders with
providing them better return to their investment. AGL shows its commitment towards
developing the long-term growth and survival of the organisation. It values in serving its
suppliers with a better development in skills and reduces the impact of its products in the
society and environment. Additionally, the paper discussed on the corporate social
responsibility of the companies which shows that ONGC has created a value with the people,
planet and profit. It serves its stakeholders, communities and environment. It focuses on the
health care, entrepreneurship, infrastructure support, women empowerment, water
management and environment protection. AGL has created the value to fulfil the
responsibility that relates to education, health, safety, and environment aspects. It focuses on
the existing problems and develop social programs that responds to the needs and local
challenges. It focused on the social reports of both the companies. Lastly the paper concludes
on making a comparison of the companies that follows the different ethical value and
different social structure.

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