At Tata Chemicals, we understand that our operations have significant impact on environment, economy and communities. Various sections of society are directly and indirectly impacted by the Company’s operations.
Over the years, the Company has significantly benefited by engaging with stakeholders such as local communities, environmental groups, regulators, investors, customers, employees and partners. We continue to include their expectations, concerns and guidance into our strategy and actions for sustained value creation and inclusive growth.
Governance oversight: Stakeholders Relationship Committee
Responsible Care, community development, livelihood support, clean water, disaster relief, climate change impact, waste management, digital ecosystem development, skill development, employment
Health & safety, wellbeing, skill enhancement, productivity & effectiveness, diversity, attrition, performance management
Dividends, profitability and financial stability, robust ESG performance, cyber risks, growth prospects
Product quality and availability, responsiveness to needs, after-sales service, responsible guidelines / manufacturing, climate change disclosures, life cycle assessment
Strong ESG practices (climate change roadmap, frameworks for sustainability and beyond compliance and Responsible Care, changes in regulatory frameworks, skill and capacity building, employment, environmental measures), policy advocacy, timely contribution to exchequer/local infrastructure
Advocacy meetings with local / state / national governments and ministries, seminars, media releases, conferences, membership in local enterprise partnerships and industry bodies (ICC, IMA, CII, CIA, ESAPA, RC, UNGC)
Quality, timely delivery and payments, ESG consideration (sustainability, safety checks, compliances, ethical behaviour), ISO and OHSAS standards, collaboration and digitalisation opportunities, vendor satisfaction
