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Tata Steel signs MoU with TERI for Green School Project in Jharkhand and Odisha

New Delhi, May 25, 2018

~ Dr Ajay Mathur, DG TERI (The Energy and Resources Institute) and Mr Chanakya Chaudhary, Vice President, Raw Materials, Tata Steel sign MoU for phase II of Green School Project ~
~ The project will be implemented in 30 schools in the states of Jharkhand and Odisha ~

Tata Steel has signed a Memorandum of Understanding (MoU) with The Energy and Resources Institute (TERI) for the second phase of Green School project in Jharkhand and Odisha.

Under the MoU, the Green School Project will focus to engage the school fraternity in taking actions to achieve viable environmental     impacts in and around the school campus with focus on water and energy issues.

It will also create awareness among students on climate change and the ways sustainable lifestyle can help mitigate the adverse impact of climate change. This will be achieved by promoting environmental stewardship through both classroom and outdoor activities to improve their critical, interdisciplinary and holistic thinking.

The MoU was signed by Dr Ajay Mathur, DG, TERI and Mr Chanakya Chaudhary, VP, Raw Materials, Tata Steel, in New Delhi today. Dr Annapurna Vancheswaran, Senior Director, TERI and Ms Neha from TERI along with a host of Tata Steel executives were also present on the occasion.

Tata Steel is committed to creating a holistic sustainable environment. With this initiative, we want to make students aware on environmental conservation and motivate them to pursue sustainable practices in their day to day life. With the success of phase I implementation in 10 schools, we are glad to take this initiative to 20 additional schools and sensitize the students and teachers on environment and encourage them to undertake concrete green actions,said Mr Chanakya Chaudhary, Vice President, Raw Materials, Tata Steel. 

“We are glad to have begun Green School Project with support of Tata Steel and making a difference in lifestyle of students towards environment. One of the things that need to be focused upon is to accelerate action in sustainability, not only in the sphere of technology & finance, but by ‘catching them young’ through the Green School Project. This is something that we greatly value and is a huge opportunity of enhancing our impact to the remote locations of the country,” said Dr Ajay Mathur, DG, TERI.

After the successful completion of Phase I of the project, Phase II will be implemented in 30 schools across Jajpur, Jharia, Joda, Noamundi, Sukinda and West Bokaro. Since the inception of the project, more than 2,700 students were impacted and 66 teachers were trained on environment changes and sustainability.

The second phase of the project will help in empowering the next generation through education, project-based learning and community service. The students will be engaged to develop sustainable solutions for environment within school and in their immediate neighbourhood that will subsequently result in establishing resource-efficient schools.

About Tata Steel
Tata Steel Group is among the top global steel companies with an annual crude steel capacity of 27 million tonnes per annum (MTPA) as on March 31, 2018. 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 $20.41 billion (INR 133,016 crore) in FY18. Tata Steel Group is spread across five continents with an employee base of nearly 74,000. Tata Steel retained Industry Leader position in FY18 and ranked second overall in the DJSI assessment, 2017. The Company has been recognised as the Climate Disclosure Leader in ‘Steel category’ by CDP (2017). Besides being a member of the World Steel Climate Action Programme, Tata Steel was felicitated with several awards including the Prime Minister’s Trophy for the best performing integrated steel plant for 2014-15 and 2015-16, Best Risk Management by CNBC TV18 (2018), ‘Corporate Strategy Award’ by Mint (2018) ‘Most Ethical Company’ award from the Ethisphere Institute for the sixth time (2018), Steel Sustainability Champions (2017) by the World Steel Association, Dun & Bradstreet Corporate Awards (2017), Golden Peacock HR Excellence Award by Institute of Directors (2017), 'Asia's Best Integrated Report' award by the Asia Sustainability Reporting Awards (2017) among several others.

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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.