Risk Management

Risks are inherent to business. At Tata Chemicals, Enterprise Risk Management allow us to address business uncertainties as we strive for long-term, sustainable growth. We are committed to effectively identifying and managing Enterprise Risks in our pursuit of our strategic business objectives aimed at enhancing stakeholder’s value.

Sourav Ghosh

Controller - Risk

The risk-related information outlined in this section is not exhaustive and is for information purpose only. This section lists forward-looking statements that may involve risks and uncertainties. Our actual results including business’ operational performance could differ materially on account of risks and uncertainties not currently envisaged or by risks that we currently believe are not material. Readers are also advised to exercise their own judgement in assessing the risks associated with the Company.

Approach to risk management

The Enterprise Risk Management framework provides mechanism for identification and prioritisation of risks including scanning the business environment and continuous monitoring of internal risk factors. Risk Management forms an integral part of the management’s focus. On March 11, 2020, the world was disrupted when the World Health Organisation (WHO) declared COVID-19 as a ‘pandemic’. Your Company is working on a resilient and adaptive Risk management strategy as events are unfolding and new information is emerging. Relevant Risk registers have been suitably recalibrated to monitor mitigation plans related to disruption caused by COVID-19 related risks. Information regarding Tata Chemicals’ key risk and their mitigation strategies:

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