~ The theme for the day was ’Mainstreaming Sustainability’ ~

Tata Network Forum today organized a panel discussion on sustainability for the Eastern Region at Beldih Club, Jamshedpur. The theme for discussion was ‘Mainstreaming Sustainability’. Dr Mukund Rajan, Chief Ethics Officer, Tata Group was the key note speaker on the occasion. Mr TV Narendran, MD, Tata Steel India & SEA & Chairman, Tata Network Forum India East on was also present during the event.

Dr Mukund Rajan

spoke about ‘The Tata Sustainability Journey’ which was followed by a session on ‘Insights on CEO’s thoughts on Sustainability’ by Mr Vishvesh Prabhakar, Managing Director, Sustainability, Accenture Strategy, India<

Speaking on the occasion Mr Narendran said “Over the last decade we have recognized the subject ‘sustainability’ as a focus area. Sustainability and climate change have now become a subject of political and economic discussion worldwide. We need to understand the subject more and at the same time get involved to establish sustainable practices for the organization.” He further added “We need to change the way we work and, as an organization, we will have to seize opportunities for a sustainable future.”

While speaking about the Tata Sustainable Journey Mr Rajan said “Tata Group has been playing a key role in global environment issues. Tata Group has been investing in capacity building. ‘Tata Engage’ has emerged as the largest volunteering campaign in India.” He further added that “Tata Steel has done a commendable job in Jharkhand for the development of the tribals.”

Mr Prabhakar spoke about a survey conducted by Accenture about changing paradigms of sustainability. He further stressed on the fact that sustainability is increasingly viewed as a critical lever of value creation and differentiation.

The second half of the programme saw functional leaders, Mr Vivek Talwar, Chief Culture Officer, Chief Sustainability Office, Tata Power speak on ‘Integration of Sustainability with Strategy’, Mr Sanjay Ranawade, Chief, Manufacturing Officer, Jewelry, Tanishq  on ‘Initiatives in Supply Chain’, Mr Damandeep Singh, Director CDP India on ‘Impact of COP21, India’s NDC and Science Based Targets’ and Mr Sundeep Singh, Principal, Accenture, Strategy and Sustainability on ‘Initiatives in Circular Economy’.

The sessions were moderated by Mr Siddharth Shah, Chief, Corporate Strategy, Tata Steel, Ms Amita Khurana, Chief Procurement (Bulk Commodities), Tata Steel, Mr Shibojyoti Dutta, Head Climate Change & Strategic Planning, Tata Steel and Mr Yogesh Bedi, Chief Marketing & Sales (IBMD), Tata Steel respectively.

About Tata Network Forums

Tata Network Forum (TNF) is a knowledge sharing platform comprising senior group-level leadership and aimed at fostering the spirit of business excellence across Tata companies worldwide. Facilitated by the Tata Business Excellence Group (TBExG), TNFs based across the globe organise events to promote closer interaction and higher knowledge sharing and learning within the regional Tata companies on a continual basis.

A robust and effective platform, TNFs are leveraged by Tata companies to engage in information exchange, training and collaborative activities, to showcase events and put forth important marketing communication. They are also a channel for dissemination of group-level senior leader communication.

Currently, the Tata Network Forum has 10 chapters in Europe, North America, China, Africa, South East Asia, MENA and India. Each region has a dedicated Chairman, Convener and TBExG Coordinator to give advice and direction in the context of business excellence and ethical behaviour.

About Tata Steel

Tata Steel Group is among the top global steel companies with an annual crude steel capacity of 27.5 million tonnes per annum (MTPA) as on March 31, 2017. It is the world's second-most geographically-diversified steel producer, with operations in 26 countries and a commercial presence in over 50 countries. The Group recorded a consolidated turnover of US $18.12 billion (INR 117,420 crore) in FY17. Tata Steel Group is spread across five continents with an employee base of nearly 74,000. Having bagged the Deming Application Prize and Deming Grand Prize for continuous improvement in 2008 and 2012 respectively, Tata Steel has now been recognised as the global ‘Industry Leader’ in ‘Steel category’ by Dow Jones Sustainability Index (2015). Besides being a member of the World Steel Climate Action Programme, Tata Steel has also been felicitated with several awards including the Prime Minister’s Trophy for the best performing integrated steel plant for 2013-14 (received in 2017), Best Risk Management by CNBC TV18 (2016), ‘Best-in-class Manufacturing’ award from TIME India (2016) and the ‘Most Ethical Company’ award from the Ethisphere Institute (2016), IIM Sustainability Award (2015), among several others.

Disclaimer

Statements in this press release describing the Company’s performance may be “forward looking statements” within the meaning of applicable securities laws and regulations. Actual results may differ materially from those directly or indirectly expressed, inferred or implied. Important factors that could make a difference to the Company’s operations include, among others, economic conditions affecting demand/ supply and price conditions in the domestic and overseas markets in which the Company operates, changes in or due to the environment, Government regulations, laws, statutes, judicial pronouncements and/ or other incidental factors.

Kulvin Suri

Chief, Corporate Communications, India & SEA

Tata Steel

E-mail: kulvinsuri@tatasteel.com