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​Petchem Strategic Council Approves Rls. 8000b CSR Budget

​Petchem Strategic Council Approves Rls. 8000b CSR Budget
(Monday, April 24, 2023) 16:25

TEHRAN (NIPNA) -- The Strategic Council of Petrochemical Companies of the Petrochemical Special Economic Zone Organization has approved an 800 billion tomans social responsibility budget outside the industry for the calendar year 1402 which began on March 21.


The council, chaired by Payam Barzegar, the CEO of the Petrochemical Special Economic Zone Organization, discussed the need for transparency in the performance of the petrochemical industry in the field of social responsibilities for the people.

During the meeting, it was reported that in the calendar year 1400, the amount of 261.3 billion tomans was approved for social responsibility outside the "Policy Council Plans" according to the report of the Operations Company.

Until mid-1401, the amount of 105.5 billion tomans was secured by the companies of the region, and according to the latest report of the Non-Industrial Operations Company, this amount reached 188.2 billion tomans by the end of 1401.

In 1401, the amount of the strategic council's non-industry budget reached 420 billion tomans with a growth of 61%. However, a detailed report on the status of the projects and their progress and current costs was not available, and the Non-Industrial Operations Company and the Policy Council had not submitted a report to the Strategic Council of Petrochemical Companies.

The Supreme Council of Social Responsibility of Petrochemical Industries has now approved a budget of 800 billion tomans for 1402.

In addition, the appointment of an inspector to monitor the implementation of projects and the financial performance of the Strategic Council was approved.

Payam Barzegar also proposed revising the strategic council bylaws with a transparency approach and determining the exact role of various factors to increase the effectiveness of the implementation of strategic council projects.

The council also proposed the precise determination of the criteria for approving projects at the level of the country, province and city.


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