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Jaypee Institute Of Information Technolodgy

CSR Report On

TATA STEEL LTD: Putting Principles into Practice


Submitted To: Prepared by:

Mrs. Sharmistha Bhattacharjee Dept. of Computer Science & IT JIIT, Noida

Joy Gupta (9910103576) Kriti Khanna (9910103499) Priyanka Manchanda (9910103483)

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TABLE OF CONTENTS
CHAPTER 1: INTRODUCTION...................................................................3
1.1 1.2 1.3 1.4 Abstract Founding Principles Values CRS commitments

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1.

INRODUCTION
Tata Steel Limited (formerly Tata Iron and Steel Company Limited, abbreviated as TISCO) is an Indian multinational steel-making company headquartered in Mumbai, Maharashtra, India, and a subsidiary of the Tata Group. It is the twelfth-largest steel producing company in the world and the largest private-sector steel company in India measured by domestic production. Its largest plant is located in Jamshedpur, Jharkhand.

1.1 Abstract Tata Steel is a pioneer in the concept of CSR. It believes that the loyalty and commitment of its employees depend upon the quality of life they are provided with at work and at home Since its formation by Jamsetji Tata in 1868, the Tata Group has consistently been run according to the principle that the wealth it creates should be returned to society. Jamsetji Tata believed that the health and welfare of the employees are the sure foundation of our prosperity. The Groups stated aim is to improve the quality of life of the communities we serve. Tata Steels CSR policy focuses, social sustainability, healthcare initiatives, environmental sustainability, and inclusive growth. Environment, Community and Safe Workplace are the major areas of CSR policy. Steeped in tradition for over a hundred years, Tata Steel has created significant landmark events in the history of corporate India. Be it the discovery of iron ore mines, or its corporate social responsibility initiatives, the Company has a rich repository of milestones since inception. In conclusion one can truly assert that the CSR activities of the company are certainly one of the most important reasons for the success achieved by the company and its blooming performance for over 144 years. 1.2 Founding Principles Since its formed by Jamsetji Tata in 1868, the Tata Group has consistently been run according to the principle that the wealth it creates should be returned to society. Jamsetji Tata believed that the health and welfare of the employees are the sure foundation of our prosperity. This is demonstrated constantly by its businesses through their contributions to the communities of which they are part now in over 80 countries around the world. Two thirds of the equity of Tata Groups holding company, Tata Sons, is held by philanthropic trusts. Over the decades, these trusts have benefited a vast range of medical, academic, social and cultural projects and institutions. Tata Steel was one of the main foundations on which this pioneering industrial group has continued to grow around the world.

In a free enterprise, the community is not just another stake holder in the business but in fact the very purpose of its existence. - Jamsetji Tata (Founder of the Tata Group)
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1.3 Values The Tata Group has always been driven by five core values: Integrity: We must conduct our business fairly, with honesty and transparency. Everything we do must stand the test of public scrutiny. Understanding: We must be caring, show respect, compassion and humanity for our colleagues and customers around the world, and always work for the benefit of the communities we serve. Excellence: We must constantly strive to achieve the highest possible standards in our day-to-day work and in the quality of the goods and services we provide. Unity: We must work cohesively with our colleagues across the group and with our customers and partners around the world, building strong relationships based on tolerance, understanding and mutual cooperation. Responsibility: We must be responsible and responsive to the countries, communities and environments in which we work, always ensuring that what comes from the people goes back to the people many times over.

1.4 CSR COMMITMENTS Signatory - UN Global Compact. Founder Member - Global Business Coalition on AIDS. Member -Confederation of Indian Industry (CII)-Social Development Community Affairs Committee. Member - Corporate Roundtable on Environment & Sustainable Development The Energy Research Institute ( TERI). Member - Global Reporting Initiative Board. Member -International Iron & Steel Institute Project Group on Sustainability indicator for Steel.

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2.

GLIMPSE OF CSR ACTIVITIES

2.1. ENVIRONMENT

Environmental sustainability has become an increasingly important item on the Tata Steel agenda. The new basic oxygen steelmaking (BOS) gas recovery project at Port Talbot in the UK will reduce the sites Co2 emissions by some 240,000 tonnes per year and its dust (PM10s) emissions by 40 tonnes. In Singapore, environmental sustainability initiatives implemented over the past few years have enabled NatSteel to reduce its Co2 emissions to below 0.5 tonnes per tonne of crude steel. Besides having one of the most energy efficient operations in Asia, NatSteels products are also made from at least 85% recycled material. In Thailand, Tata Steel continues to make significant reductions in its electricity consumption, to eliminate dust and improve its wastewater treatment processes through its Total Productive Maintenance programme. Tata Steel Thailand has also set a target of reducing its Co2 emissions to 1 tonne per tonne of liquid steel produced by 2012. Our other current environmental initiatives include The Big Cleaning Day, The Local Forest Rehabilitation, The Steel Products For Environmental Preservation and Save Our Earth projects. Initiatives include reducing plastic bag usage, giving global warming guidelines to employees, fish freeing and canal cleaning project, coral planting, building dams and saline soil to improve food resources for wildlife animals.

2.2. COMMUNITY 1. Health Tata Steel has introduced numerous community health programmes in India addressing such important issues as mother and child health, adolescent reproductive and sexual health and HIV/AIDS. The Lifeline Express, the worlds first hospital on rails, offers on-the-spot diagnostic, medical and advanced surgical treatment for preventive and curative interventions across rural India. 2. Water and sanitation In remote Indian villages where safe drinking water is scarce, Tata Steel provides potable water to communities through tankers or piped water distribution systems and hand pumps. The Company has also constructed or reinstated wells that have so far made over 50,000 people self-sufficient in water, and the Tata Steel Rural Development Society has set a goal of providing every single household within the Companys operating areas with a secure supply of safe water.
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3. Human capital Tata Steel helps to create sustainable livelihoods for people in all its communities around the world. UK Steel Enterprise, a wholly-owned subsidiary of Tata Steel, was established to improve the economies of areas most affected by plant closures within the UK steel industry. It has helped to establish many new and successful businesses, providing practical advice and information as well as loans and investment funds. NatSteels programme, Building Beyond Borders empowers the disadvantaged youth and children. 4. Education Support for education is an area of special emphasis for all Tata companies, and Tata Steel provides a wide range of scholarships and programmes in all our main operating locations to encourage quality education, to enable the least privileged people to achieve functional literacy, and to support deserving students financially. 5. Agriculture The Tata Steel Rural Development Society is undertaking several projects in India to improve agricultural productivity and so raise the living standards of poor farmers and their families. These initiatives are making a real difference: improved crop yields have led to a dramatic increase in household income, every household now has year-round food security, almost all the children in these households now go to school, and health has improved measurably among both young and old. 6. Sports Tata Steel has always recognised the value of sport in contributing to both physical and mental well-being, and sponsors many sporting events and activities. In the UK, for example, the Company sponsors the British Triathlon Foundation, and its Kids of Steel programme encourages the development of triathletes from an early age. In the Netherlands, Tata Steel sponsors the Telstar Football Club, near the IJmuiden Works, helping to improve facilities at the Clubs stadium in Velsen. In India, the Tata Football Academy develops and trains young footballers in a scientific way, and has an outstanding record of producing players for the national team. 7. Disaster relief - The Tata Relief Committee (TRC) is a voluntary organisation to serve societys poorest, whose lives have been affected by natural calamities. Tata Steel and TRC aided the people in the state of West Bengal in the wake of cyclone Aila and also at Leh soon after a cloud burst, which destroyed villages, leaving hundreds of people homeless. NatSteel was also active in the support of people affected by the floods in Vietnams Quang Binh province.

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2.3. SAFE WORKPLACE Every Tata Steel Group board meeting includes a detailed review of health and safety issues. A board-level Safety, Health and Environment Committee provides overall leadership in SH&E matters throughout our global business.
Each of the Groups four regional businesses has a well-established and comprehensive health and safety policy, with supporting principles, standards and procedures, and a Tata Steel group-wide health and safety policy has been introduced from January 2011. Clear objectives for process safety, occupational safety and health are embedded within the health and safety management plans of each business.

Tata Steel has also established several social departments and societies that work within the structure of the company. Table 1 lists them and details when they were established. Furthur, Figure 1 lists some of the companys most significant landmark in community development.

a) Family Welfare Department: 1950 Centre for Family Initiatives operates 25 clinics in the city of Jamshedpur, each of which conducts HIV/AIDS awareness programmes.

b) Community Development and Social Welfare : 1958 Community Development & Social Welfare department create AIDS Awareness mainly in slum areas of the city through 12 Main Centres and 4 Sub-Centres.

c) Tribal and Harijan Welfare Cell : 1974 Priority has been given to development of youth in education, job-oriented training for self-employment, sports and games and the womens development.

d) Tata Steel Rural Development Society (TSRDS) : 1979 Tata Steel endeavours to achieve total self-sufficiency for people through profitable employment opportunities. Where agriculture is the main economic activity, trends such as globalisation mean that simple subsistence farming is becoming less viable and social problems arise from migration caused by failure in farming.

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e) Environmental Management : 1986 Tata Steel has always adopted effective measures in improving its processes, invested in break-through technology and developed products and services that minimise negative consequences in the environmental performance of the product-cycle.

f) Tribal Culture Society : 1990 The Tribal Cultural Society (TCS), a non-profit organisation promoted by Tata Steel has been working for the preservation of the rich tribal heritage and culture of the indigenous people in the state of Jharkhand. Its projects focus on improvement of livelihood opportunities amongst the economically weaker sections and improvement of health and hygiene amongst marginalised families.

g) Tata Steel Family Initiatives Foundation : 1998 provides health and family welfare services in and around the industrial city of Jamshedpur has won Indian Chambers of Commerce and Industry FICCI award. It covers the rural and peri-urban population through basic health care amenities. Date / Year Landmarks in community development 21 June, 1915 The first school, known as the KMPM School, was opened to bring about upliftment through education. 1 November, 1921 Tata Steel's Jamshedpur Technical Institute opened with 23 students on roll. 1 March, 1958 Jubilee Park was dedicated to the Nation to mark the Companys 50th anniversary. 1958 Shramdaan, a significant aspect of community development and social welfare, started in the bustees, around Jamshedpur. 1979 Tata Steel Rural Development Society (TSRDS) was set up. The society began operation with an initial annual budget of 8.5 lakhs and a total of 32 villages in 1979. Today, the annual budget exceeding Rs.5 crores caters to nearly 650 villages. TABLE 2 LANDMARKS IN COMMUNITY DEVELOPMENT

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3. CONCLUSION
Tata Steel is a pioneer in the concept of CSR. It believes that the loyalty and commitment of its employees depend upon the quality of life they are provided with at work and at home. Consistent with the group purpose, Tata Steel has declared in its vision statement that it will constantly strive to improve the quality of life of the communities it serves through excellence in all facets of its activities. The company has received a number of awards in recognition of its CSR efforts. The most recent testimony to Tata Steel's contribution is The Energy & Resources Institute (TERI) Award conferred on it in recognition of corporate leadership for good corporate citizenship and sustainable initiatives. Tata Steel is the only Indian company to have pledged to translate the Global Compact principles on human rights, labour and environment into practice. It was conferred the Global Business Coalition Award for Business Excellence in the Community. Over the years, the nature of the company's involvement with the community has undergone a change. It has moved away from charity and dependence, to empowerment and partnership. The many facets of Tata Steel's efforts are medical and health services in the rural and semiurban areas, sports, women's health and education, water harvesting and tribal development, relief and rehabilitation and income generation, among others.

Steeped in tradition for over a hundred years, Tata Steel has created significant landmark events in the history of corporate India. Be it the discovery of iron ore mines, or its corporate social responsibility initiatives, the Company has a rich repository of milestones since inception. The CSR activities of the company are certainly one of the most important reasons for the success achieved by the company and its blooming performance for over 144 years.

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REFERENCES
WEBSITES http://en.wikipedia.org/wiki/Tata_Group http://www.tata.com/company/releases/inside.aspx?artid=AMzaeJoYELI= http://www.tatasteel.com/corporate-citizenship/index.asp http://www.tatasteel.com/about-us/vision.asp

RESEARCH PAPERS Development Of Corporate Social Responsibility In Indian Family Business: A Case Of Tata Iron & Steel Company Sarika Tomar (Faculty, NIILM CMS, New Delhi) Mobile : 9891084563 Email : sarika1974@yahoo.com Rakesh Gupta ( Associate Professor, IILM- GSM, G.Noida ) Mobile: 9313999520, Email: rakesh.gupta@igsm.in

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