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Tata Steel conferred “The Tata Affirmative Action Programme Jury award”

Jamshedpur, November 30, 2018

Tata Steel has been conferred the Jury’s Award for the sixth consecutive year. The Award is given to a Company scoring more than 600 out of 1000 scores in the Tata Affirmative Action Programme (TAAP) external assessment. The Jury comprising Dr R A Mashelkar, Dr. Narendra Jadhav, Prof. S Parasuraman and Mr B Muthuraman was particularly impressed by the quality of the Leadership and the signature programs under TAAP including the 1000 Schools project, the Manasi program and the Samvaad conclave.

According to Mr. Chanakya Chaudhary, Vice president, Corporate Services, Tata Steel, “The Tata Affirmative Action Programme Jury award underscores our engagement with Dalit and Adivasi communities. It reflects the mutual trust that we nurture and have sustained over several decades. This recognition acknowledges our commitment and further motivates us to work more closely with the communities, address development challenges and evolve long-term solutions together.”

Expressing his satisfaction on the achievement, Mr. Sourav Roy, Chief CSR, Tata Steel, said that the communities and Tata Steel share more than a century of shared context, the boundaries of which redefine as new chapters of progress get added. “This award reaffirms our intent to continually push our horizons and move towards becoming enablers in this development journey”, he added.

The other TAAP awards and recognitions were as follows:

1. TAAP Jury Award:
Also conferred on Tata Power. This is the maiden Jury’s Award for Tata Power.

2. Recognitions
A. Significant Adoption: For companies attaining a score of 60 points and above (out of 100), as an average of process and results, in a specific scoring category, for the first time, in the TAAP assessment.

Result

Category Company
  Large Small
Employment None None
Employability None Tata Projects
Entrepreneurship None Tata Projects
Education Tata Consultancy Services None

 

B. Good Practices
Seven practices and processes from six companies; namely Skill Building and Vendor Development of Tata Projects, Bridge IT of Tata Consultancy Services, Leveraging Partnerships of Tata Communications, Gaon-Chalo of Tata Global Beverages, AA Score Card of Tata Sponge and Livelihoods out of Waste of Jamshedpur Utilities & Services Company, have been recognised as Good Practices.

(Note: Practices and processes from companies conferred the TAAP Jury award, -Tata Steel and Tata Power for 2018, are not considered by the Jury for the GP recognitions.)

About Tata Steel
Tata Steel Group is among the top global steel companies with an annual crude steel capacity of 27 million tonnes per annum (MTPA) as on March 31, 2018. It is the world's second-most geographically-diversified steel producer, with operations in 26 countries and a commercial presence in over 50 countries. The Group recorded a consolidated turnover of US $20.41 billion (INR 133,016 crore) in FY18. Tata Steel Group is spread across five continents with an employee base of nearly 74,000. Tata Steel retained Industry Leader position in FY18 and ranked second overall in the DJSI assessment, 2017. The Company has been recognised as the Climate Disclosure Leader in ‘Steel category’ by CDP (2017). Besides being a member of the World Steel Climate Action Programme, Tata Steel was felicitated with several awards including the Prime Minister’s Trophy for the best performing integrated steel plant for 2014-15 and 2015-16, Best Risk Management by CNBC TV18 (2018) and ‘Corporate Strategy Award’ by Mint (2018). The Company also received the ‘Most Ethical Company’ award from Ethisphere Institute for the sixth time (2018), Steel Sustainability Champions (2017) by the World Steel Association, Dun & Bradstreet Corporate Awards (2017 & 2018), Golden Peacock HR Excellence Award by Institute of Directors (2017) as well as 'Asia's Best Integrated Report' award by the Asia Sustainability Reporting Awards (2017), among several others.

Disclaimer
Statements in this press release describing the Company’s performance may be “forward looking statements” within the meaning of applicable securities laws and regulations. Actual results may differ materially from those directly or indirectly expressed, inferred or implied. Important factors that could make a difference to the Company’s operations include, among others, economic conditions affecting demand/ supply and price conditions in the domestic and overseas markets in which the Company operates, changes in or due to the environment, Government regulations, laws, statutes, judicial pronouncements and/ or other incidental factors.