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Tata Steel wins the CII Greenco Star Performer Award

New Delhi, July 06, 2019

~ ‘Multi-nutrient Sulphate fertiliser from LD Slag waste’ project bagged the Most Innovative Project recognition
at the 6th edition of CII Environmental Best Practices Award ~

Tata Steel was presented with the coveted Greenco Star Performer Award on July 4, 2019 at the 8th edition of Greenco Summit held in New Delhi. In addition, the Company’s R&D project titled “Development of Multi-nutrient Sulphate fertiliser from LD (steelmaking) Slag waste” bagged the Most Innovative Project recognition at the 6th edition of CII Environmental Best Practices Award 2019, organised in association with United Nations Industrial Development Organization (UNIDO).

The Greenco Star Performer award was received by Mr. Sanjiv Paul, Vice President (Safety, Health & Sustainability) on behalf of Tata Steel at a three-day conference held in New Delhi from July 3-5, 2019. At the conference, leading national and international experts discussed the best-in-class practices in Green including Green Marketing & Branding and experiences of Greenco champions.

Mr. Sanjiv Paul, Vice President (Safety, Health & Sustainability), Tata Steel, said: “Producing Sulphate fertiliser from LD Slag fines is a good example of how Tata Steel innovates in crucial areas like reducing waste and turning waste into products of economic value. As an inorganic fertilizer and soil conditioner, it has huge potential in a country like India where agriculture is still the primary source of livelihood for a vast majority. We thank CII for the ‘Most Innovative Project’ recognition and the Greenco Star Performer award.”

Accounting for 20% of the steel produced, LD (steelmaking) slag has tremendous value potential, especially in context of acidic soil found in states of Jharkhand, Odisha and Assam. Today, it is an established organic fertilizer, good for soil and plants. It can do wonders in augmenting productivity while turning wasteland green.

The Company’s research journey of converting LD (steelmaking) Slag fines into a soil conditioner/fertiliser through the chemical processing started in the year 2014 with lab scale studies followed by setting-up of a demo plant in 2015 and initial testing of the product in the year 2016. Based on the encouraging results from the field trials, collaboration MOUs with Universities like Bidhan Chandra Krishi Viswa Vidyalaya (BCKV) Mohanpur in West Bengal, University of Agriculture Science in Bengaluru and The Indian Agricultural Research Institute (IARI) in New Delhi were signed and currently the field trials are in progress. The seed marketing of the product from the trial production shows tremendous benefits for agricultural soil (in India) and crops in terms of yield.

The annual CII Greenco summit is organised to further advance the need and importance of green initiatives in the Indian industry and enable sharing of latest green concepts and technologies. The 8th edition of the GreenCo Summit was organised under the theme of fostering and promoting sustainable models focusing on the manufacturing sectors, including sectors like iron and steel.

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.