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Tata Steel today organised the third edition of the "Suppliers Sustainability Expo" at Steelenium Hall

Jamshedpur, July 04, 2018

Tata Steel today organised the third edition of the "Suppliers Sustainability Expo" at Steelenium Hall wherein more than hundred suppliers were invited to showcase their sustainability initiatives and cross-learn from each other. Mr. Anand Sen President, TQM &Steel Business, Tata Steel graced the occasion as the Chief Guest. The event was also attended by other senior executives of Tata Steel and some select group of suppliers.

Mr Shubhenjit Chaudhuri, Managing Director, Tata Pigments and Mr. Raghuram Tata Associate Professor - Strategic Management Area, XLRI Jamshedpur were the special guests for the day and assessed the shortlisted suppliers for selecting the overall champion.

Mr. Sanjiv Paul, Vice President, Safety, Health and Sustainability, Tata Steel shared his views on Climate Change risks to business, how sustainability in supply chains is becoming more and more important and how suppliers and customers need to collaborate to reduce Plastic Pollution.

Mr. Sen shared his thoughts on how more and more Tata Steel supplier partners should be a part of the sustainability journey. He also spoke about the acute water scarcity in the Jamshedpur area and in India and how it has an economic impact on the business front. Similarly, waste management (plastic is the tip of the iceberg) and GHG emissions are a serious concern for any business. Human beings need to take serious steps to curb climate change and waste management issues and how supply chains may get disrupted due to these issues calling for greater collaboration with supply chain partners for addressing these issues.

Tata Steel had invited case studies from supplier partners in two categories (Established Practitioners and Emerging Practitioners) based on revenue across the upstream and downstream value chain. The case studies were in the sustainability aspects of - Safety, Environment Excellence and Social Excellence for the Established & Leading Practitioners and Sustainability Excellence (including Environment, Safety and Social Excellence) for the Emerging Practitioners. The assessment was done by a panel of assessors comprising of senior officers from Tata Steel through desk assessment followed by face-to-face presentations on 4th July, 2018. The top 2 suppliers in Established Practitioners category (all three aspects) were awarded by Mr. Sanjiv Paul .The top 2 suppliers in Emerging Practitioners category and overall Sustainability Champions were awarded by Mr. Anand Sen

The list of Category Winners is given below:

Category Criteria Winner Runner-up
Established Practitioners Safety IMERYS Steelcasting Lechler
Environmental Excellence SIEMENS Orica
Social Excellence SKF India Limited Maersk
Emerging Practitioners Sustainability Excellence United Air Express Suraj Products
Overall Champions - SIEMENS Nalco Water

 

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) and ‘Corporate Strategy Award’ by Mint (2018). The Company also received the ‘Most Ethical Company’ award from Ethisphere Institute for the sixth time (2018), Steel Sustainability Champions (2017) by the World Steel Association, Dun & Bradstreet Corporate Awards (2017 & 2018), Golden Peacock HR Excellence Award by Institute of Directors (2017) as well as 'Asia's Best Integrated Report' award by the Asia Sustainability Reporting Awards (2017), 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.