Awards, Recognition and Certification
Through the year, many of the Tata Steel Group’s efforts have been recognised by various bodies and institutions – and have received awards for their initiatives.
- Tata Steel won the Most Admired Knowledge Award (MAKE Asia) for the year 2007.
- The first rank as the largest and most profitable steel company in India in the private sector, by World Magazine was awarded to Tata Steel.
- The TERI Corporate Award was awarded to Tata Steel for its HIV/AIDS initiative.
- The Amity Corporate Excellence Award from Amity International Business School.
- Business Today and Ernst & Young surveys rated Tata Steel as India’s Best Managed Company in Metals and Mining.
- Tata Steel won the Promising Practice Exhibition 2007 for the first time in 12 years, for its best practice called MASS (Manthan Ab Shop Se) during the BE Convention at Pattaya in 2007.
- Tata Steel’s Corporate Sustainability Report was hailed by the UNEP (United Nation’s Environment Programme) and Standard and Poor as the strongest mitted by any corporate house from emerging economies.
- The Golden Standard Certificate Award was conferred by The Transport Corporation of India Foundation to the Truckers STI/HIV/AIDS Initiative.
- The 5th Asia Water Management Excellence Award was conferred upon JUSCO.
- Tata Steel was conferred the Social Accountability 8000 certification by the Social Accountability International (SAI) USA. It is the first steel company in the world to receive this award.
- The 7th Annual Greentech Safety Award in the Metals and Mining Sector was awarded to the Noamundi Iron Mine.
- The Department of Scientific and Industrial Research Award for Research and Development efforts was given to Tata Steel’s R&D department for indigenous technology.
- Tata Steel West Bokaro Division was conferred the National Energy Conservation Award by the President of India.
- Ujala QC participated in the international QC convention held in China and was awarded a gold medal.
- Target QC participated in the national QC convention organised by CII at Chennai and was awarded second prize.
- NatSteel Xiamen won the Top 10 Best Employer Award conferred by the Xiamen City Government
- NatSteel Xiamen won the Outstanding Award for Corporate Social Responsibility from the China Association of Enterprise with Foreign Investment.
- Wuxi Jinyang Metal Products (WJMP) attained the Accredition Certificate from China National Accreditation Service for Conformity Assessment.
- WJMP was also awarded the Homologation Certificate (VIT) from Finalnd in 2007.
- NatSteel Vena was awarded the ISO Gold Cup for Improvement in Product Quality in 2007 by the Ministry of Science and Technology.
Awards for Innovation in Finance
- International Financing Review (IFR) Asia awarded Tata Steel the Best Syndicated/Leveraged Loan for the financing of the acquisition of Corus.
- In 2007, Finance Asia conferred the Deal of the Year Award, Best Merger and Acquisition Deal and Best Cross Border Merger and Acquisition Deal for Tata Steel’s acquisition of Corus.
- In 2007, Asiamoney conferred the Best Merger and Acquisition Award to Tata Steel for its acquisition of Corus.
- In 2007, the AAA Asset conferred the Best Cross Border Merger and Acquisition Deal and The Best Syndicated Loan Award for Tata Steel’s Corus acquisition.
- Tata Steel won the ‘Best Convertible Bond’ for the USD 875 million Convertible Bond offering.