Tatas code of Conduct

Tata shall not undertake any project or

activity to the detriment of the nation, or
those that will have any adverse impact on the
social and cultural life patterns of its citizens
About 12-14 percent of its PAT(Profit after Tax)
is set aside for the welfare of the people.
 Recognized as a benchmark for Corporate
Social Responsibility in India, Tata Steel is
among few Indian Companies to be invited to
join the UN sponsored Global Company
Forum, comprising organizations committed
to translating the UN decreed principles of
human rights, labor and environment, into
practice.
 Environmental Instruments
Tata Steel uses suitable resources, technology
and work ethics to reinforce its concern for
the environment and its desire to conserve
natural resources.
Tata Steel has been dealing with the problems
of education, health, hygiene, family welfare,
agriculture extension, improving the welfare
requirements, sports, games and culture.
 Intensive efforts have been made for the
utilization of barren and subsided land
Several measures have been taken for
controlling water pollution by use of waste
water for growing crops and vegetables,
supply of drinking the colonies after proper
treatment
 Environmental Cell
Tata Steel created a separate Environment Cell that
independently looks after matters of the
environment and pollution control activities of the
division.
A laboratory to test air and water samples so as to
monitor the environmental activities has been set
up.
A comprehensive programme of environmental
studies with respect to air, water and noise has
been undertaken. Based on the studies conducted
and their recommendations, appropriate steps are
being taken.
Corporate Governance at Tata Steel
Tata has gone someway in ensuring Corporate
Governance at all stages of the business
process.
Every year the company aims to exceed its
target on the Employee and Customer
Satisfaction indexes, and the corporate
Citizenship index.
 In order to improve its internal management
systems, it also has adopted the following two
systems of evaluation:
Tata code of conduct follows guidelines
established by the UN global compact. A
company signing to Tata code of conduct
entitles that company to use the Tata brand
name. It prescribes principles by which all
employees are expected to act.
Audit committee
 Tatas Code of Conduct (Clause 8)
A Tata company shall strive to provide a safe and
healthy working environment and comply, in the
conduct of its business affairs , with all
regulations regarding the preservation of the
environment of the territory it operates in
A Tata company shall be committed to prevent
wasteful use of natural resources and minimize
any hazardous impact of development,
production,use and disposal of any of its products
and services on the ecological environment.
 Social Investments
Tata Steels social investment reflects its after-profit
practice, work in and for the community that is not
directly related to the business of business
There are six of these initiatives or procedures being
followed religiously:
1. Tatas Council for Community Initiatives
2. Tata Social Evaluation, Responsibility and
Accountability(ERA)
3. Global Business Coalition
4. Volunteer database
5. Health Initiatives
6. Culture and education
 Conclusion
Tata Steel Ltd is one of the forerunners of the
Indian industry in several respects. It is the
largest private sector steel company in the
country. It is also the country's largest
integrated private sector steel manufacturer,
apart from being among the world's foremost
steel makers. This is not the only distinction
the company has to fame, it has a lot of other
things. The company is also known for its
corporate social responsibility.
 It is known for its ethical stances and its close
involvement in dozens of social activities,
sports, building a grown town in Jamshedpur
providing its people all possible facilities to
lead a life of ease and comfort . No Wonder
Tata Steel has become a national leader in
town planning which is being emulated by
other industries and even government
planners .