Inspired by our mission of Serving Society through Science, Tata Chemicals is committed to integrate Environmental, Social and Governance principles into its business, which is central to improving the quality of life of the communities we serve globally and enhancing long-term stakeholder value. While sustainability has long been a business priority at Tata Chemicals, through this ESG section, we intend to share our ESG approach, actions, update of key indicators and key learnings with all our stakeholders.
At the core of our sustainability framework is Materiality of Our Business and Responsible Care. We identify and prioritise ESG issues material to our business and ecosystem through a structured stakeholder engagement comprising of Community, Employees, Investors, Regulators, Customers, Value Chain Partners, Rating Agencies and other stakeholders. As a signatory to Responsible Care, we are committed to drive continuous improvement in safe chemicals management and achieve excellence in environmental, health, safety and security performance.
Our social commitment is to provide employees and business associates with working conditions that are clean, safe, healthy and fair. We strive to be neighbour of choice in the communities in which we operate and contribute to their equitable and inclusive development. To deliver these commitments, we have well defined CSR Policy, Community Development Policy, Affirmative Action Policy, Diversity & Inclusion Policy.
Our environment commitments embody principles of product stewardship by enhancing health, safety and environmental impacts of products and services throughout their lifecycles. The environment impacts cover Climate, Resources (Energy & Water), Waste Management and Nature & Biodiversity. TCL has established policies for Climate Change, SHE and Biodiversity Policies.
In terms of governance, we have established robust ethical and compliance standards. The Company has adopted Tata Code of Conduct for its employees, Executive and Non-Executive Directors including Independent Directors. Our governance framework aligns the interests of all our stakeholders and forms the basis of our corporate strategy, environmental awareness, ethical behaviour, and risk management.
In this report, we are pleased to share the progress and impacts of our actions and further plans to fulfil our commitment of serving societies and making planet better than we inherited. We are grateful to our employees, partners and stakeholders for partnering this journey with us.
Our approach to sustainability and disclosures is guided by key national and international principles and standards, including:
Location: Tata Chemicals Mithapur Coral Reef Restoration
