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TATA CODE OF CONDUCT
(adopted across the Tata Group in1998-99)
(visit www.tatasteel.com for complete CoC)
Clauses pertaining to sustainability from
Tata Code of Conduct (25 numbers total) are
highlighted below:
National Interest
(Clause#1)
A Tata Company shall be committed in all its
actions to benefit the economic development
of the countries in which it operates and
shall not engage in any activity that would
adversely affect such objective. It shall
not undertake any project or activity to the
detriment of the Nation’s interests or those
that will have any adverse impact on the
social and cultural life patterns of its
citizens. A Tata Company shall conduct its
business affairs in accordance with the
economic, development and foreign policies,
objectives and priorities of the Nation’s
government and shall strive to make a
positive contribution to the achievement of
such goals at the international, national
and regional level as appropriate.
Competition (Clause#3)
A Tata Company shall fully strive for the
establishment and support of a competitive
open market economy in India and abroad and
shall co-operate in the efforts to promote
progressive and judicious liberalization of
trade and investment by a country.
Specially, a Tata Company shall not engage
in activities, which generate or support the
formation of monopolies, dominant market
positions, cartels and similar unfair trade
practices.
A Tata Company shall market its products and
services on its own merits and shall not
make unfair and misleading statements about
competitors’ products and services. Any
collection of competitive information shall
be made only in the normal course of
business and shall be obtained only through
legally permitted sources and means.
Equal-Opportunities
Employer (Clause#4)
A Tata Company shall provide equal
opportunities to all its employees and all
qualified applicants for employment without
regard to their race, caste, religion,
colour, ancestry, marital status, sex, age,
nationality, disability and veteran status.
Employees of a Tata Company shall be treated
with dignity and in accordance with the Tata
Policy to maintain a work environment free
of sexual harassment, whether physical,
verbal or psychological. Employee policies
and practices shall be administered in a
manner that would ensure that in all matters
equal opportunity is provided to those
eligible and the decisions are merit-based.
Gifts & Donations
(Clause#5)
A Tata Company and its employees shall
neither receive nor offer or make, directly
or indirectly, any illegal payments,
remuneration, gifts, donations or comparable
benefits which are intended to or perceived
to obtain business or un-competitive favours
for the conduct of its business. However, a
Tata Company and its employees may accept
and offer nominal gifts, which are
customarily given and are of commemorative
nature for special events. Policy summarized
in Annexure VII.
Political
Non-Alignment (Clause#7)
A Tata Company shall be committed to and
support a functioning democratic
constitution and system with a transparent
and fair electoral system in India. A Tata
Company shall not support directly or
indirectly any specific political party or
candidate for political office. The Company
shall not offer or give any company funds or
property as donations, directly or
indirectly, to any specific political party,
candidate or campaign.
Health, Safety and
Environment (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 in operates in. A Tata Company
shall be committed to prevent the wasteful
use of natural resources and minimize any
hazardous impact of the development,
production, use and disposal of any of its
products and services on the ecological
environment.
Quality of Products
and Services (Clause#9)
A Tata Company shall be committed to supply
goods and services of the highest quality
standards backed by efficient after sales
service consistent with the requirements of
the customers to ensure their total
satisfaction. The quality standards of the
Company’s goods and services should at least
meet the required national standards and the
Company should endeavor to achieve
international standards. |
