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Basis for Review
We planned and performed
our work in accordance with the ISAE 3000 to
obtain limited assurance. Based on an
assessment of completeness, reliability,
materiality and risk, relevant information
was collected and triangulated to verify its
completeness and reliability. We considered
an omission, error or misrepresentation of
information from the report to be material
if it could influence the decisions or
actions of the company’s key stakeholders,
or result in Tata Steel inappropriately
reporting on progress against targets.
We sought all information
and explanations that we considered
necessary to provide sufficient evidence for
us to ascertain that the above indicators
were consistent with the activities in the
plant areas for the financial period; and
were documented and stated in accordance
with the guidelines stated under their
environmental and social policies.
Review procedures carried
out
Based on an assessment of
materiality and risk, our work included a
review of management systems, reporting
structures and boundaries as well as
interviews and testing of registration and
communication systems, data and underlying
documentation. We tested whether data and
the underlying components are accounted for
in such a way as to fulfill the assertions
of completeness, reliability and materiality
made by Tata Steel.
Parties responsible for
Review Engagement
Our engagement was
carried out by a multi-disciplinary team of
requisite skills and experience. The
assurance engagement was led by Mr. Devinder
Chawla and was executed by Dr. Muna Ali.
Opinion
On the basis of the work
undertaken, nothing has come to our
attention that would cause us not to believe
that:
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The information for
the indicators stated above [at (d)
under Scope of Review] in the Report has
been fairly stated.
-
The Report includes
information on targets and indicators in
respect of sustainability that are used
in strategic and operational
decision-making;
-
The Report presents a
fair and balanced account of Tata
Steel’s material sustainability
performance, risks and impact.
Signature:
Mr. Devinder Chawla
Place: Mumbai, India
Date: 30/01/2007 |
