Tata Steel has been conferred the first CII - ITC Sustainability Award for the year 2006. The Hon’ble Minister of Commerce & Industry Shri Kamal Nath, presented the award during the final session of the CII (Confederation of Indian Industry) National Conference & Annual Session-2006 held at New Delhi, today. Mr. H M Nerurkar, Vice President, Kalinganagar Project Orissa, Tata Steel received the award for the Company. The jury for selecting the award winners was headed by Dr. R. A. Mashelkar – Director General CSIR & Secretary Department of Industrial Research.

The award was conferred on Tata Steel for ‘Excellent Performance on Sustainable Development’ among large business organizations for the year 2006. It signifies Tata Steel’s commitment and outstanding sustainability performance in terms of policy, practices and in actual results. The award recognizes Tata Steel’s excellent environment, social and economic performance - the three pillars of sustainability. Tata Steel has identified the concerns and expectations of the stakeholders and succeeded in adopting a proper integration of economic, environment and social issues with its business strategies.

The awards have been instituted by the CII - ITC Centre of Excellence for Sustainable Development. The purpose of the Sustainability Awards is to put forth role models in sustainable development for Indian businesses. Apart from recognising and rewarding role models, the award is also a knowledge-imparting tool and will increase the understanding of Indian businesses about the critical elements of the business approaches, strategies and practices.

Earlier, the Corporate Sustainability Report filed by Tata Steel, according to the Triple Bottom Line Reporting Initiative, was declared the strongest by any corporate in the emerging economies and the Top Reporter in corporate India by the UNEP and Standard & Poor’s.