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How does the PIB address possible environmental degradation as a result of oil and gas exploration activities in the host communities?

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How does the PIB address possible environmental degradation as a result of oil and gas exploration activities in the host communities?

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Under the Corporate Social Responsibility section of the Bill, an elaborate presentation on the roles and responsibilities of companies and what constitutes their corporate social responsibilities to their host communities recommends stiff penalties for any act of environmental pollution by companies. In addition, it also spelt out provision for effective engagement and participation of host communities in the economic spin-offs arising from oil and gas activities in their vicinity. Companies are required to present a well articulated sustainable community development plan consistent with the PIB guidelines for effective sustainable engagement programme.

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