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Annual Report on Corporate Social Responsibility Activities [Pursuant to Section 135 of the Companies Act, 2013 and the Companies (Corporate Social Responsibility Policy) Rules, 2014]

I. Overview of the Corporate Social Responsibility (‘CSR’) Policy

Our CSR initiatives are guided by our CSR Policy (‘Policy’) adopted by the Board of Directors on September 17, 2014. The Policy is available on the Company’s website www.tatasteel.com. Our CSR activities focus on initiatives in the areas of education, health, water, livelihood, rural and urban infrastructure and are aligned to the key focus areas of the Tata Group. We also undertake community-centric interventions in the areas of sports, disaster relief, environment and ethnicity.

II. Composition of CSR and Sustainability Committee of the Board

At the helm of our CSR governance structure is the Corporate Social Responsibility and Sustainability Committee of the Board that comprises Mr. Deepak Kapoor (Chairperson), Mr. O. P. Bhatt, Mr. Koushik Chatterjee and Mr. T. V. Narendran.

III. CSR Advisory Council

We have a CSR Advisory Council comprising eminent personalities from academia and the development sector. The members of the Advisory Council provide macro policy-level inputs to the apex CSR and Sustainability Committee and guide the Company’s approach towards CSR.

IV. CSR Delivery Arms

In terms of the Companies Act, 2013, companies are allowed to carry out their CSR activities through registered trusts and/or societies. We carry out our community centric interventions through a number of CSR delivery arms including the following:

Tata Steel Foundation (‘TSF’), a Section 8 Company incorporated under the Companies Act, 2013. The main objective of the formation of TSF is to consolidate, strengthen and broaden the CSR programme deployment as well as create a distinct brand identity for it.

Tata Steel Rural Development Society (‘TSRDS’), a registered society under Societies Registration Act, 1860. The principal aim and objective of the society is to undertake, promote, sponsor, assist or aid directly any activity/project/programme for the promotion and growth of the rural economy, rural welfare, socio-economic development and upliftment of the people in rural areas.

Tribal Cultural Society (‘TCS’), a registered society under Societies Registration Act, 1860. The principal objective of the society is to promote and undertake cultural activities, cultural education and training of various tribes.

Tata Steel Skill Development Society (‘TSSDS’), a registered society under Societies Registration Act, 1860. The principal aim and object of the society is to provide facilities for technical and other skill enhancement trainings within the nation.

Tata Steel Family Initiatives Foundation (‘TSFIF’), a registered trust under Indian Trusts Act, 1882. The principal objective of the trust is to undertake projects/programmes on reproductive health, prevention of drug or alcohol addiction and empowerment of women through literacy and income generation.

Tata Steel Zoological Society (‘TSZS’), a registered society under Societies Registration Act, 1860. The principal objective of the society is to provide natural habitats to various animals suitable for their conservation and propagation. It also acts as a facilitator to spread the message of nature conservation by building awareness and conducting educational programmes.

V. Financial Details

The manner in which the amount is spent on CSR activities undertaken during the year is given as an annexure to this report. Details of CSR projects undertaken during the year along with its impact is discussed in the Social & Relationship capital section of this Integrated Report.

VI. Responsibility Statement

We hereby affirm that the CSR Policy, as approved by the Board, has been implemented and the Corporate Social Responsibility and Sustainability Committee monitors the implementation of CSR Projects and activities in compliance with our CSR objectives and CSR Policy of the Company.

sd/-
DEEPAK KAPOOR
Chairman of CSR and Sustainability Committee
DIN: 00162957

Mumbai
April 25, 2019
sd/-
T. V. NARENDRAN
Chief Executive Officer & Managing Director
DIN: 03083605

Annexure to the Corporate Social Responsibility Annual Report

Manner in which the amount spent during the financial year is detailed below:

(` crore)
(1) (2) (3) (4) (5) (6) (7) (8)
Sl. No CSR project or activity identified Sector in which the project is covered Location of project (District & State) Amount outlay Amount spent on the projects or programmes during current reporting period Cumulative amount spent on the projects or programmes upto current reporting period Amount spent: Direct or through implementing agency
1 Promoting health care including
preventive Healthcare and
Sanitation
Health Jharkhand - East
Singhbhum, West
Singhbhum, Dhanbad,
Ramgarh
Odisha - Ganjam, Jajpur,
Kendujhar, Sundargarh
Maharashtra - Mumbai
West Bengal - Kolkata
114.60 168.94 434.73 Direct,
TSRDS,
TCS,
TSFIF,
TSF
Total 114.60 168.94 434.73
2 Making Available safe Drinking
Water
Drinking
Water
Jharkhand - East
Singhbhum, West
Singhbhum, Dhanbad,
Ramgarh
Odisha - Ganjam, Jajpur,
Kendujhar, Sundargarh
West Bengal - Haldia
9.01 9.75 64.71 Direct,
TSRDS,
TSF
Total 9.01 9.75 64.71
3 Promotion of education including
special education
Education Jharkhand - East Singhbhum, West Singhbhum, Dhanbad, Ramgarh, Ranchi Odisha - Ganjam, Jajpur, Kendujhar, Sundargarh, Puri
Maharashtra - Tarapur
69.81 66.52 272.22 Direct,
TSRDS,
TCS,
TSF
Total 69.81 66.52 272.22
4 Employment enhancing vocational
skills especially to Women, Children,
Differently abled
Livelihood Jharakhand - East
Singhbhum, West
Singhbhum, Dhanbad,
Ramgarh, Ranchi
Odisha - Ganjam, Jajpur,
Kendujhar, Sundargarh
27.24 18.35 133.11 Direct,
TSRDS,
TCS,
TSSDS,
TSF
5 Livelihood enhancement projects
Total 27.24 18.35 133.11
6 Environmental sustainability,
protection of flora & fauna, agro
forestry, animal welfare, resource
conservation, maintaining quality
of soil, air, water
Environment Jharkhand - East
Singhbhum, Ramgarh
Odisha - Jajpur,
Kendujhar
West Bengal - Burdwan
2.50 2.63 18.12 Direct,
TSRDS,
TSZS
Total 2.50 2.63 18.12
7 Protection and restoration of
national heritage, promotion of
art, culture, handicrafts, setting
up public libraries etc
Ethnicity Jharakhand - East
Singhbhum, West
Singhbhum, Ramgarh,
Ranchi
Odisha - Kendujhar,
Jajpur
6.66 8.06 27.01 TCS
Total 6.66 8.06 27.01
8 Promotion of Rural, Nationally
recognised, Paralympic and
Olympic sports especially training
Sports Jharkhand - East
Singhbhum, West
Singhbhum, Dhanbad,
Ramgarh, Ranchi
Odisha - Ganjam, Jajpur,
Kendujhar, Sundargarh
17.63 10.19 35.62 Direct,
TSRDS,
TSF
Total 17.63 10.19 35.62
9 Rural development projects
(infrastructure and other
developments)
Rural & Urban
Infrastructure
Jharkhand - East
Singhbhum, West
Singhbhum, Dhanbad,
Ramgarh
Odisha - Ganjam, Jajpur,
Kendujhar
17.22 19.72 81.63 Direct,
TSRDS,
TSF
Total 17.22 19.72 81.63
Total Direct expenses of projects & programmes (A) 264.67 304.16 1,067.15
Overhead Expenses (restricted to the 5% of total CSR expenditure) (B) 12.22 10.78 48.94
Total (A) + (B) 276.89 314.94 1,116.09

Note: Cumulative amount spent on the projects or programmes upto current reporting period has been calculated from Financial Year 2014-15 onwards.