Tata Steel Limited and Tata Steel Europe win key recognitions at the 12th Annual Steelie Awards by World Steel Association
~ Tata Steel Limited recognised for ‘Excellence in Digital Communications’ and
Tata Steel Europe won ‘Excellence in Sustainability’ award for its Zero-carbon logistics ~
Tata Steel has bagged two of the most prestigious recognitions at the World Steel Association’s 12th Annual Steelie Awards. Out of the total six categories in contention, Tata Steel Limited has won in the ‘Excellence in Digital Communications’ category and Tata Steel Europe bagged the ‘Excellence in Sustainability’ award for its Zero-carbon logistics’.
Tata Steel Limited’s recognition for Excellence in Digital Communications also marks a hattrick for the Company in this category. Over the last few years, the Company has elevated its digital presence and communication strategy to connect with its stakeholders. As part of the evaluation, the Jury has appreciated the brand’s quality presence and activities in the web space including social media. Digital innovation and leadership practices are also given due weightage for this category.
Tata Steel Europe, on the other hand, won the Steelie Award for Excellence in Sustainability for its Zero-carbon logistics, a logistics sustainability framework focussing on Tata Steel Europe’s outbound deliveries. Its goal is to reduce transportation’s impact on climate change and local communities by embedding sustainability in daily logistics operations. Tata Steel Europe believes that logistics sustainability can and should be used to create a competitive advantage.
Chanakya Chaudhary, Vice President, Corporate Services, Tata Steel, said: “We are honoured to receive the Steelie Awards from World Steel Association. The awards reflect our unwavering commitment to excellence throughout our businesses. It will further motivate us to benchmark our efforts in the areas of communication, sustainability, and several other contexts. We will continue to pursue new possibilities, design innovative solutions and deliver more of such remarkable initiatives in the coming years.
The Steelie Awards recognises World Steel Association member companies for their contribution to the steel industry over a one-year period. The selection process for nominations varies between awards. In most cases, nominations are requested through the appropriate membership committee and the worldsteel extranet. Entries are then judged by selected expert panels using agreed performance criteria.
About World Steel Association
The World Steel Association (worldsteel) is a non-profit organisation with headquarters in Brussels, Belgium. Worldsteel is one of the largest and most dynamic industry associations in the world, with members in every major steel-producing country. worldsteel represents steel producers, national and regional steel industry associations, and steel research institutes. Members represent around 85% of global steel production.
It was founded as the International Iron and Steel Institute on 10 July 1967. It changed its name to the World Steel Association on 6 October 2008. The association celebrated its 50th year anniversary in 2017.
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. It is one of the world's most geographically diversified steel producers, with operations and commercial presence across the world. The group recorded a consolidated turnover of US $21.06 billion in the financial year ending March 31, 2021.
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 Jamshedpur, Kalinganagar and IJmuiden Plants, 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, featured amongst CII Top 25 innovative Indian Companies in 2020, received rating of ‘A-‘ (leadership band) from CDP for its Climate Change disclosure and Supply Chain disclosure, Steel Sustainability Champion 2020 recognition from worldsteel, ‘Most Ethical Company’ award 2021 from Ethisphere Institute, Best Risk Management Framework & Systems Award (2020) from CNBC TV-18, and Award for Excellence in Financial Reporting FY20 from ICAI, among several others.
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.
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