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Tata Steel’s Jharia Division honoured with ‘Golden Peacock Eco-Innovation Award 2019’

Jamadoba, July 10, 2019

~ Shri R. V. Deshpande, Hon'ble Minister for Revenue & Skill Development, Govt. of Karnataka, presented the award in Bengaluru ~

~ The collieries operated by Jharia Division is known for its sustainable mining practices ~

Tata Steel’s Jharia Division has been honoured with the Golden Peacock Eco-Innovation Award 2019 by the Institute of Directors at the 21st Annual World Congress on Environment Management and Climate Change held recently in Bengaluru.

The award was presented by Shri R. V. Deshpande, Hon'ble Minister for Revenue & Skill Development, Govt. of Karnataka to Mr. Vikash Kumar, Head (Planning), Jharia Division, Tata Steel on July 4, 2019.

The Company’s Jharia division coal mine is spread across 5,500 acres with six collieries in Jharkhand, and is known for its sustainable mining practices. At its mining operations, Tata Steel has undertaken several environmental initiatives to enable conservation, preservation, and restoration of biodiversity.

Mr. Sanjay Rajoria, General Manager, Tata Steel’s Jharia Division, said, “Jharia Division of Tata Steel is known for its sustainable mining practices. The environmental and sustainability benchmarks set by our collieries have been way ahead of time and is aligned with the Company’s principles of serving the community and the planet. We are proud to receive the Golden Peacock Eco-Innovation Award that recognises our innovative approach and efforts.”

The sustainable mining practices of Tata Steel is part of its commitment to the conservation, enhancement, and restoration of biodiversity in its areas of operation. To formalise this commitment, the Company has adopted a company-wide Biodiversity Policy and has also developed the Biodiversity Management Plans for all its mines and collieries. The progress made in these plans is assessed by the International Union for Conservation of Nature on a regular basis.

In December 2018, the Jharia division of Tata Steel had dedicated a 7,000 sq. meters Green Triangular Park to the people of Dhanbad in Jharkhand which is now home to several medicinal plants.

Golden Peacock Awards, instituted by the Institute Of Directors, India in 1991, is regarded as a benchmark of Corporate Excellence.

About Tata Steel
Tata Steel group is among the top global steel companies with an annual crude steel capacity of 33 million tonnes per annum (MnTPA). It is one of the world's most geographically-diversified steel producers, with operations and commercial presence across the world. The group (excluding SEA operations) recorded a consolidated turnover of US $22.67 billion in the financial year ending March 31, 2019. In 2018, Tata Steel acquired Bhushan Steel Ltd (now renamed as Tata Steel BSL Ltd).

A Great Place to Work-CertifiedTM organisation, Tata Steel Ltd., together with its subsidiaries, associates and joint ventures, is spread across five continents with an employee base of over 65,000.

Tata Steel retained the ‘Global Steel Industry Leader’ position in the DJSI 2018. 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 has won several awards including the Prime Minister’s Trophy for the best performing integrated steel plant for 2016-17, ‘GreenPro’ certification for products (Tata Pravesh Steel Doors, Tata Structura, Tata Pipes) by CII, Authorized Economic Operator (AEO) status (Tier 2) by the Directorate of International Customs (Ministry of Finance, Govt. of India), ‘Corporate Strategy Award’ by Mint (2018), Golden Peacock Award for Risk Management (2018) and Best Risk Management Framework & Systems Award (2019) by CNBC TV18. The Company also received the ‘Most Ethical Company’ award from Ethisphere Institute for the eight time (2019), Steel Sustainability Champion (2018) by the World Steel Association, Dun & Bradstreet Corporate Awards (2019), Golden Peacock HR Excellence Award by Institute of Directors (2018), ‘Best Companies To Work For’ recognition by Business Today, 'Asia's Best Integrated Report' award by the Asia Sustainability Reporting Awards (2017), among several others.

In 2018, the Company launched a corporate brand campaign #WeAlsoMakeTomorrow.

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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.