Iran Petchem Industry to Adopt Social Responsibility Bylaw

Iran Petchem Industry to Adopt Social Responsibility Bylaw
(Tuesday, August 19, 2025) 17:34

TEHRAN (NIPNA) – Iran’s National Petrochemical Company (NPC) will draft an executive guideline for the newly approved government bylaw on corporate social responsibility (CSR) for petrochemical firms, the company’s managing director said on Tuesday.


“The government has endorsed a CSR bylaw for state-linked companies, and we will prepare a comprehensive guideline in cooperation with petrochemical holding groups to facilitate its implementation,” said Hassan Abbaszadeh, deputy petroleum minister and NPC chief, at the sixth meeting of the Supreme Council for CSR in the petrochemical sector.

He said regional strategic councils in Assaluyeh, Mahshahr and Makran play a central role in coordinating CSR programs among petrochemical companies and must ensure projects already approved or underway are completed with determination.

Abbaszadeh added that strategic councils should regularly review and monitor CSR projects.

According to NPC, the cabinet passed the CSR bylaw in early July on the proposal of the Plan and Budget Organization, in collaboration with the labor ministry and the government’s information council.

Under Article 5 of the bylaw, companies that approve a CSR budget in their general assembly must submit proposed projects to the council’s secretariat by the end of October each year. All CSR measures will also be published in a designated online platform to ensure transparency and public access.

 


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