Golden Globe Tigers Award for CSR

IAS Prelims 2023

Gujarat Narmada Valley Fertilisers and Chemicals Ltd (GNFC) has won the prestigious Golden Globe Tigers Award for Excellence and Leadership in CSR in the category of ‘E-Payment Leadership’ for the implementation of digital transactions in its township at Bharuch, Gujarat.

The award recognises “Tigers” in marketing, branding CSR and social innovation, education and academic across leadership levels in an individual and organisation, the company said in a statement here.

This is the second award for GNFC in this category. A week ago, it had won the Golden Peacock Award in the category of Innovative Product/Service for its cashless innovation.

The Golden Globe Tigers Award was established by World CSR Institute. About 30 applications were shortlisted from which GNFC was selected as the winner.

GNFC emerged as the first fertiliser company in India to transition to a cashless economy successfully. Its township in Bharuch, Gujarat, became the first 100 per cent cashless township of India after demonetisation in November 2016.