MATERIALITY ASSESSEMENT

OF ESG FACTOR FOR TATA

CHEMICALS.
COURSE: BASICS OF BUSINESS
ENVIRONMENT (BUE1321)
AY22-23 (EVEN SEMESTER)
COURCE COORDINATOR: DR. SANJAY
KUMAR MISHRA
GROUP – 6
1. Nityam Khajuria- 22ibb055
2.Piyush Mengi- 22ibb056
3.Pragya Sharma- 22ibb057
4.Raghav Katal- 22ibb059
5.Rahul Bhagat- 22ibb060
6.Rishav Bhardwaj- 22ibb061
7.Riya Saini- 22ibb062
8.Rohanika Singh- 22ibb063
 COMPANY BACKGROUND
Tata Chemicals is the 3rd largest soda ash production capacity plant in India. This was the second
soda ash plant built in India by Kapilram Vakil that started operating in the year 1944.The
township Mithapur, derives its name from "Mitha" which means salt in Gujarati language.
Since 2006 Tata Chemicals has owned Brunner Mond, a United Kingdom-based chemical
company with operations in Magadi (Kenya) and General Chemicals, in United States of America.
On 27 March 2008, Tata Chemicals Ltd acquired 100 per cent With all these acquisitions,
combined capacity of production has increased to around 5.17 million tons of soda ash.
In April 2010, Tata Chemicals acquired 25% stake in ammonia-urea fertilizer complex in Gabon
for US$290 million. The first phase of the plant will have a full operational capacity of 2.2 billion
tons of ammonia and 3.85 billion tons of urea per day.
In 2019, Tata Group transferred Tata Chemicals' branded food business to Tata Global
Beverages , in an all shares deals
In 2022, Tata Chemicals, through its subsidiary, Tata Chemicals Europe set up the UK's first
industrial-scale carbon capture and usage plant.The plant can capture 40,000 tonnes of carbon
dioxide per annum.
 OBJECTIVE OF THE COMPANY
MISSION VISION
Serving society through science To be a leading sustainable chemistry solutions
company serving customers based on
innovative , science-lead differentiated
products and solutions.

VALUES
Safety , passion , integrity , care and excellence
 VALUE CREATION
At TATA Chemicals, we shaped our business strategy to create long term and accretive value for our
stakeholders. To this end, we are investing in the six capitals of our business model on a continual basis.
 MATERIALILITY ASSESSEMENT
The past three years witnessed a series of global mega events , having a long lasting impacts on
economies and businesses . The COVID-19 pandemic impacted businesses in many ways , most
notably with respect to supply chain ,employee health and safety and financial stability.
During FY 2022-23,we undertook a large scale stakeholder-driven materiality assessment with
the support of a third party .The aim was to identify the material issues relevant to our
businesses and accordingly realign our strategic approach to the changing scenario.
❑ The objective of the assessment was to capture the perspectives of all our stakeholders and
take a holistic approach on what is material to tata chemicals.
❑ A list of 20 material topics was formulated , with the same being defined based on the views
of subject matter experts from the industry , emerging trends as well as global and regulatory
frameworks and standards.

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IMPACT OF ESG ON VALUE CREATION
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