CSR REPORT OF TATA

STEEL AND JSW STEEL

Abstract. Companies are more often publishing publicly available reports to disclose how
responsibly they conduct their business. The aim of the research presented in the paper is to
compare corporate social responsibility of two company Tata steel and Jsw steel. Moreover
Tata steel have presented much higher values than jsw steel in there entire corporate life. In
this report analysis of csr from the year 2014-2021 of both companies have been analysed.
The result of this report shows that Tata steel have invested more than the prescribed CSR
budget in the last five years and jsw Steel have not speed his entire amount of prescribed
CSR budget as it is planning to spend rest of the amount on upcoming years.

1. Introduction
Disclosing data about corporate social responsibility (CSR) practices is an important
component of increasing companies’ transparency, especially today, when expectations of
investors, customers, business partners and the general public are rising.
More than half of CSR reporting companies in the world (51%) include information on
CSR in their annual financial reports. The purpose of CSR reporting is to provide information
to external and internal stakeholders about economic, environmental and social results
achieved by an organization during a specified period of time Companies are increasingly
publishing publicly available reports to disclose how they responsibly conduct their business.
These reports are published under a wide variety of names as, such as sustainability reports,
sustainable development reports and CSR reports. CSR reports differ not only in terms of
titles but also in many other aspects. CSR reports can be available in hard copy, in PDF
format or in any other online version via a company’s website. Some reporters prepare short
publications containing several pages and some are publishing long reports consisting of
more than 100 pages. We can also distinguish different types of these reports for example a
separate CSR report, annual report expanded by a CSR section or an integrated report.

2. CSR OF TATA STEEL

At Tata Steel, our community-centric initiatives emphasise the spread of quality education,
healthcare and sustainable livelihood opportunities in all our operating locations in India and
globally. We empower communities through agriculture development and market linkages,
skill development of youth, promoting entrepreneurship and preservation of ethnicity and
culture of indigenous communities.
 Revised CSR Programmes approved by the Board of Directors of the
Company for the Financial Year 2021-22
Item from list of Amount Revised
activities in
Allocated Amount
Schedule VII to (Rs.
S. Allocated
Companies Act, Crore) (Rs.
No. Name of the Programmes 2013
Crore)
Promoting Healthcare including
preventive healthcare through civic 53.61 44.82
1 Item no. (i)
infrastructure & services
Promoting Healthcare including preventive
healthcare through sanitation projects 1.35 0.70
2 Item no. (i)
3 Response to COVID 19 Pandemic Item no. (i) 72.30 282.92
Provide safe drinking water through water
projects including water infrastructure and 9.93 8.72
4 Item no. (i)
solar drinking water facilities
Promote and improve quality of Education
and support for School Infrastructure 92.03 98.81
5 Item no. (ii)
Livelihood generation programs through
promoting agriculture and allied activities,
6 skill development, entrepreneurship, Item no. (ii) 35.22 32.25
women empowerment and programs on
disability.
Promote and preserve tribal art, culture
7 and languages 12.90 9.70
Item no. (v)
Promoting Sports Academies and
8 grassroot sports 17.76 17.50
Item no. (vii)
Animal welfare, protection of flora
and fauna and ecological balance 5.50 6.69
9 Item no. (x)
programs
Renewable energy, bio-diversity
12.16 9.91
10 programmes & rural infrastructure Item no. (x)
Holistic development of Communities in 2.40 2.48
11 Panchayats enroute between Item no. (x)
 Jamshedpur and Kalinganagar
Provide assistance to affected
1.32 0.50
12 communities in times of natural calamities Item no. (xii)
13 Overheads Overheads 11.00 11.00

3. CSR OF JSW STEEL

Established in 1989, the JSW Foundation (erstwhile Jindal Education and
Medical Trust and Jindal South-West Foundation) is the social development
arm of JSW group governed by the ideology that every life is important and
must be given fair opportunities to make the best out of it. The Foundation takes
conscious steps to support and empower communities, primarily located around
its plants. The Foundation is working relentlessly to tackle the issue related to
health & nutrition, facilitating to make learning more effective and meaningful,
empowering the youth through employable skill programs, ensuring water
security through long-term watershed development programs, providing access
to sanitation facilities in rural areas to make them open defecation free,
preserving and conserving national heritage and promoting sports. The JSW
Foundation has a footprint across 11 states and 15 districts reaching out to 1
million individuals in the villages located around the manufacturing locations.
YEAR Actual CSR Prescribed CSR
2014-2015 - 43.38Cr 42.86 Cr

2015-2016 - 51.36Cr 51.22Cr

2016-2017 - 42.94Cr 36.75 Cr

2017-2018 - 53.00Cr 35.00 Cr

2018-2019 - 63.00Cr 63.00 Cr

2019-2020 - 139.73Cr 138.90 Cr

2020-2021 - 78.32Cr 164.81 Cr

4. Graphical representation of CSR
JSW STEEL
 Estimated Prescribed CSR Budget FY 2020-21: INR 164.81 Cr. A
Company’s Statement for unspent in FY 2020-21: The Company did not
spend the entire amount as it is planning to spend the remaining amount
in the next financial year.
TATA STEEL

Estimated Prescribed CSR Budget FY 2020-21: INR 270.89 Cr. The Company is

always dedicated towards CSR activities and has spent more than the prescribed
CSR budget in last five financial years

5. Alternative recommendations
Tata steel should implement their main focus on their focus areas and there should be
plenty of recommendations I would like to address and they are as follows:

CSR Focus Areas

Tata Steel’s CSR in alignment with the Tata Group focus initiatives (Skills, Water,
Governance, Education) will focus on four thrust areas – Education, Health, Livelihoods and
Rural and Urban infrastructure. Besides, it will also undertake Interventions in the areas of
sports, disaster relief, environment and ethnicity etc. (Refer Annexure A), all aimed at
improving the quality of life of the communities.

• Impact – All CSR initiatives will have well-defined KPIs to measure impacts on target
groups. For high impact projects, there will be independent, third-party assessments
and feedback will be a key input for redesign and / or rollout of further initiatives.

• Partnerships – The Company will forge collaborations with business partners, other
Tata Group companies and like-minded corporate organizations, funding agencies,
nongovernment organizations, and community based organizations, Governments
and Government organizations, based on well-defined selection criteria. Partners will
bring in complementary resources, expertise and influence which would be leveraged
to force-multiply the company’s CSR initiatives.

Tata Steel will engage closely with Tata Trusts and work jointly on projects which are
aligned to Tata Steel’s CSR strategy and in its operational areas. Tata Steel will also
leverage the products and services of Tata group companies for its CSR initiatives in
alignment with its CSR strategy.

• Affirmative Action – The Company will design targeted interventions for Scheduled
Castes and Scheduled Tribes to promote Education, Employability, Employment and
Entrepreneurship. The Company will also work on promoting Ethnicity to preserve
the cultural fabric of these communities.

• Volunteerism – Tata Steel is committed to providing opportunities to its employees,

their families and the larger Tata Steel ecosystem to engage in volunteering activities
that will benefit the communities in which they live and work, and at the same time,
support Tata Steel’s own CSR efforts. This will not only deepen local community
connect but will also leverage in-house skills in addressing social challenges, thereby
creating both social and business impacts.

• Communication – The Company will have a two-way communication channel, so

that the stakeholders’ needs, expectations and aspirations can be mapped and their
feedback and satisfaction levels can be obtained and assessed for the purpose of
design and improvement of initiatives.
 • Innovation – Tata Steel will endeavor to develop innovative solutions to solve
seemingly intractable social problems. These will encompass technology, as well as
models for sourcing, partnering and delivery of initiatives.

JSW STEEL

JSW haven't implement much of there of focus on their corporate social responsibility (CSR)
so, they should focus on their csr with much higher preferences.
FOCUS:
JSWHL has decided to focus on the complete life cycle approach where women shall be
empowered in such a way that they become strong positive force of change. Specific
interventions are recommended as below:
 Efficient maternal and child health care services
 Enhance access to improved nutrition services
 Early childhood education/ pre-primary education
 Completion of primary and secondary education
 Access to adolescent reproductive and sexual health and rights
 Enhancing the output of present occupation
 Employability and vocational education and Responsible parenthood
According to me they should also improve all the below mentioned categories. There are
dozens of area where they should focus and improve there csr value in market .
1. IMPROVING LIVING CONDITIONS (ERADICATING HUNGER, POVERTY,
MALNUTRITION, ETC.): JSWHL, is a JSW Group Company, a part of O.P. Jindal Group.
JSW Group as per its commitment to the local development and nation building has initiated
various projects.
2. PROMOTING SOCIAL DEVELOPMENT (PROMOTING EDUCATION, SKILL
DEVELOPMENT, LIVELIHOOD ENHANCEMENT, ETC.): Education is the basis for
improving the quality of life of people. Taking a note of this, JSWHL/ JSW Group both
independently and; in partnership with local government and civil societies has undertaken
various programs. Along with this, enhancing the productivity of available workforce through
engaging the youth with appropriate employability skills and assuring sustainable livelihoods
continues as one of the top priority.
Actual CSR Prescribed CSR
2014-2015-43.38Cr 42.86 Cr
2015-2016-51.36Cr 51.22Cr
2016-2017-42.94Cr 36.75 Cr
2017-2018-53.00Cr 35.00 Cr
2018-2019-63.00Cr 63.00 Cr
2019-2020-139.73Cr 138.90 Cr
2020-2021-78.32Cr 164.81 Cr