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Corporate Citizenship
(Clause#10)
A Tata Company shall be committed to be a
good corporate citizen not only in
compliance with all relevant laws and
regulations but also by actively assisting
in the improvement of the quality of life of
the people in the communities in which it
operates with the objective of making them
self reliant. Such social responsibility
would comprises, to initiate and support
community initiatives in the field of
community health and family welfare, water
management, vocational training, education
and literacy and encourage application of
modern scientific and managerial techniques
and expertise. This will be reviewed
periodically in consonance with national and
regional priorities. The Company would also
not treat these activities as optional ones
but would strive to incorporate them as
integral part of its business plan. The
company would also encourage volunteering
amongst its employees and help them to work
in the communities. Tata Companies are
encouraged to develop social accounting
systems and to carry out social audit of
their operations.
Public Representation
of the Company and the Group (Clause#12)
The Tata Group honours the information
requirements of the public and its
stakeholders. In all its public appearance
with respect to disclosing company and
business information to public
constituencies such as the media, the
financial community, employees and
shareholders, only specifically authorized
directors and employees shall represent a
Tata Company or the Tata Group. It will be
the sole responsibility of these authorized
representatives to disclose information on
the company.
Ethical Conduct
(Clause#17)
Every employee of a Tata Company, which
shall include whole-time Directors and the
Managing Director, shall deal on behalf of
the Company with professionalism, honesty,
integrity as well as high moral and ethical
standards. Such conduct shall be fair and
transparent and be perceived to be as such
by third parties.
Every employee shall be responsible for the
implementation of and compliance with the
Code in his professional environment.
Failure to adhere to the Code could attract
the most severe consequences including
termination of employment.
Regulatory Compliance
(Clause#18)
Every employee of a Tata Company shall, in
his business conduct, comply with all
applicable laws and regulations, both in
letter and in spirit, in all the territories
in which he operates. If the ethical and
professional standards set out in the
applicable laws and regulations are below
that of the Code then the standards of the
Code shall prevail. |