Approach towards
Social Development |
- Leadership & Policy Support:
The management has adopted the Article of Association on social responsibility. A draft
social policy has been released during the reporting period, for implementation.
- Strategy on Corporate Social
Responsibility:
The Company has annual programmes as per the Tata Council for Community Initiatives (TCCI)
Guidelines. The company has a matrix of its competencies stating the exact possibilities
for action.
- Allocating resources & system of
accounting:
The Company recognizes that social expenditure is a developmental cost and records it
under a separate account head. Social expenses are distinct from employee welfare.
- Assigning key responsibilities:
The management has key persons deployed for this work and its management representative
has annual goals by means of KRAs.
- Communication strategy:
To keep employees and public at large informed about companys work on social
responsibility, the company publishes its reports through newsletters, in-house magazines
and the Directors Annual Report.
- Volunteering:
The Company has instituted a scheme for encouraging volunteers.
- Documentation:
The Company documents its work methodically.
Tata Steels subscribes to Tata Council for Community
Initiatives guidelines. The declaration of the Council on social responsibility made on
14.12.99 is presented below.
- The Community is central to the core values
we adhere to in the Tata Group.
- Tata Community programmes aim at building
trust and improving the quality of life.
- Tata programmes facilitate sustainable
change.
- We believe that community gives us valuable
opportunities to learn.
- Commitment to social responsibility is
explicit in every Tata Company.
- We network through our core competence to
empower communities.
- Tata volunteers are committed to the spirit
of service.
Internal &
External Audit Systems |
Internal and external audits are carried out for the
following functions. The management structure and the agencies that carry out such audits
are briefly described in Section 3.6. The organization carries out at
pre-defined intervals the internal & external audits for Finance; ISO-14001 Audit;
OHSAS-18001 Audit; TBEM Audit; half yearly and yearly respectively and Social Audit once
in ten years.
3.20 Management
systems certification status
All units of Tata Steel are ISO-14001 certified. Units,
which cater to the requirement of external customers like Rolling Mills, Mines, Bearing
Division are certified to ISO-9001-2000 and other departments/sections, (upstream
production & service units) which have internal customer focus, are certified to
TS-13004 equivalent to ISO-9001. During the reporting period, Tubes Division & Sukinda
Chrome Mines had been certified to OHSAS-18001. In other units including Steel Works
implementation of OHSAS-18001 and SA-8000 standards are in advance stages of
certification. Certification shall be completed by December 2004.
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