
Having espoused the philosophy
of Sustainable Development, the Companys operations, including all its outlocations
are inextricably interlinked with the progress of the enterprise, the welfare of the
people and the health of the environment.
As global initiatives in promoting responsible business gather
momentum, Tata Steel stands as a beacon of social and environmental commitment, not only
in India but across the world as well.
Today, Tata Steel is well positioned to take forward its 100-year ethos
with renewed vigour, having formally integrated its economic, environmental and social
performance reporting. Tata Steels commitment to sustainable development and growth
is amply reflected in its Vision 2007. The Company has identified and is proactively
engaged in addressing economic sustainability, environmental concern and the social needs
of its stakeholders.
The core issue, however, identified by Tata Steel, which underpins all
these is Value Balancing; such that long-term partnerships are established with its
stakeholders.
Sustainability has also been integrated into the business systems at
Tata Steel. Inputs from stakeholders through formal and informal processes allow the
Company to focus on their concerns, to identify issues and delineate strategic objectives.

|