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Tata Steel named Top Employer for LGBT+ inclusion

Mumbai, December 17, 2020

~ Features in India Workplace Equality Index (IWEI) Top Employers 2020 ~

Tata Steel has been named a Top Employer for LGBT+ inclusion by India Workplace Equality Index (IWEI), the country’s first comprehensive benchmarking study to measure and enable efforts for LGBT+ inclusion.

IWEI Top Employers is the definitive list showcasing the best employers in India for lesbian, gay, bi, trans employees. Tata Steel’s place as a Top Employer 2020 recognises the Company’s commitment to advancing equality for LGBT+ people. Tata Steel is one of 18 organisations to feature in the Silver category.

Atrayee S Sanyal, Vice President (Designate), Human Resource Management, Tata Steel, said: “At Tata Steel, we believe a diverse and inclusive environment enables employees to express themselves openly thereby adding to the perspectives and collective wisdom of the organisation. In our experience, workplace diversity not only attracts the best talent, widens the talent pool but also adds to the organisational culture and business results.

We are proud to feature amongst the IWEI 2020 Top Employers for LGBT+ inclusion. This recognition reaffirms our commitment to foster a culture of allyship to actively promote LGBTQ+ empowerment and build a benchmark workplace.”  

This is the inaugural IWEI Top Employers list, featuring 52 organisations that have been recognised as ‘bronze’, ‘silver’ or ‘gold’, depending on their final score. Organisations participating in this Index make it clear that they support equality for LGBT+ people at work.

Taking a step further to reinforce the culture of inclusion and to enable LGBTQ+ employees to have equal rights at the workplace, Tata Steel rolled out a new HR policy last year that enables colleagues from the LGBTQ+ community to avail all HR benefits permissible under the law for their partners (people of same-sex living together) like coverage for child care leave, new born parent leave, medical benefits, joint house points, employee assistance programmes, domestic travel policy, health check-ups, transfer and relocation benefits, honeymoon package and more.

In line with the Company’s vision of enabling workplace for all diverse groups, in May 2018 Tata Steel launched WINGS, a LGBTQ+ employee resource group.

Thriving in a culture of respect, inclusion and diversity, Tata Steel has made significant progress in the field of gender equality and is working towards achieving much more. Tata Steel has set a target of having 20% women officers in the workforce by 2025.

Tata Steel’s vision is to be a truly world-class organisation that respects uniqueness of individuals to create a diverse and inclusive atmosphere. In keeping with the changing times, the Company has introduced several path-breaking policies, practices and initiatives for various segments of the workforce like five-day workweek, menstrual leave, sabbatical policy, Take Two to enable second careers, onboarding policy for person with disabilities, special conveyance benefits for person with disabilities and more.

The Company’s Diversity and Inclusion (D&I) programme started taking shape with the launch of a diversity group called ‘MOSAIC’ in June 2015. MOSAIC facilitates a diversity of gender, hiring and inclusion of Persons with Disabilities (PWDs), LGBTQ+ and more. MOSAIC focuses on five pillars, namely: Sensitisation, Infrastructure, Recruitment, Retention & Development and Celebrations.

About Tata Steel

Tata Steel group is among the top global steel companies with an annual crude steel capacity of 34 million tonnes per annum. 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 $19.7 billion in the financial year ending March 31, 2020.

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 has been a part of the DJSI Emerging Markets Index since 2012 and has been consistently ranked amongst top 5 steel companies in the DJSI Corporate Sustainability Assessment since 2016. Besides being a member of ResponsibleSteelTM and worldsteel’s Climate Action Programme, Tata Steel has won several awards and recognitions including the World Economic Forum’s Global Lighthouse recognition for its Kalinganagar Plant - a first in India, and Prime Minister’s Trophy for the best performing integrated steel plant for 2016-17. The Company, ranked as India’s most valuable Metals & Mining brand by Brand Finance, received the ‘Honourable Mention’ at the National CSR Awards 2019, Steel Sustainability Champion 2019 by worldsteel, CII Greenco Star Performer Award 2019, ‘Most Ethical Company’ award 2020 from Ethisphere Institute, and Best Risk Management Framework & Systems Award (2020) by CNBC TV-18, among several others.

To know more, visit www.tatasteel.com and www.wealsomaketomorrow.com.

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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.

Kulvin Suri

Chief, Corporate Communications-India & SEA

Tata Steel

E-mail: kulvinsuri@tatasteel.com

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