83rd Year | 2021-22 | Integrated Annual Report
With the macroenvironment becoming more volatile, complex and uncertain, organisational resilience is becoming increasingly significant part of the business model. Tata Chemicals has established a structured approach to become more resilient. This approach is supported by robust business processes. This has enabled Tata Chemicals to deliver with excellence to all its stakeholders.
Green Chemistry to reinforce business model
To read more on Sustainability, click here
Stay Ahead of Change and
Resilience requires organisations to have the capacity of agility, to make rapid changes and achieve flexibility of operations in response to the disruptive forces in the external environment and to be able to capture immediate opportunity.
COVID has been one such disruptive force that compelled organisations to respond swiftly. Many changed their business operations and processes and some even had to make paradigm shifts in business models. As the world recovers, geo-political tensions, energy and commodity costs are expected to add inflationary pressures to the global economy.
Drive shared value creation
Employees, communities, value chain partners and other stakeholders are integral to Organisational Resilience. Community is not just another stakeholder but is the very purpose of an organisation's existence. Business activities and operations have direct or indirect impact on natural resources, communities and ecosystems. It is essential that responsible organisations work towards the wellbeing, growth and progress of its stakeholders.
To read more on CSR, click here