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Tata Steel recognised among India’s Best Work Places, for the fourth time

Mumbai, January 07, 2021

~ The Company has been pioneering worker welfare schemes and community initiatives even during the pandemic and introduced the Agile Working Model in 2020 ~

Tata Steel has been certified as a Great Place to Work organisation in India for the fourth time by Great Place to Work® Institute. The annual certification from the Great Place to Work® Institute recognises Tata Steel’s work towards building an organisation of High-Trust and High-Performance Culture.

Since its inception, Tata Steel has been an exemplary showcase for its worker welfare schemes and has positioned itself as a thought leader for its employee engagement initiatives. The Company has implemented trendsetting policies like extending benefits to LGBTQ+ partners, Agile Working Models and Extended Maternity Leave to create an enabling workplace for all diverse groups. The Company’s Diversity & Inclusion Programme ‘MOSAIC’ is enabling diversity of gender, hiring & inclusion of PwDs (Persons with Disability), inclusion of LGBTQ+ and more.

Atrayee S. Sanyal, Vice President, Human Resource Management (Designate), Tata Steel, said: “We are honoured to be recognised and certified as a “Great Place to Work” for yet another year. We recognise that our people are the primary source of our competitiveness who we have always put first in all the initiatives. We have always believed in building an organisation which is driven by employee empowerment and high standard of performance. Tata Steel has introduced several path-breaking policies and practices for various segments of the workforce which has enhanced the productivity and engagement within the organisation. We are sure to strengthen this philosophy, which is fundamental to our way of working, in future as well.”

During the pandemic, Tata Steel has undertaken and ensured all preventive and pre-emptive steps related to employee safety. This includes introduction of the POD concept - a modularised form of teams which enables social distancing and minimises the number of workers gathered in one place. The Company also introduced scientific contact tracing through ‘Suraksha Card’, replaced biometric attendance by thermal scanning and radio frequency identification (RFID), to ensure employee safety. Tata Steel recently introduced an Agile Working Model which enables employees to work from any location.

Every year, more than 10,000 organisations from over 60 countries partner with Great Place to Work® Institute for assessment, benchmarking and planning actions to strengthen their workplace culture. Great Place to Work® Institute’s methodology is recognised as rigorous and objective work culture assessment process. It is considered the gold standard in identifying and recognising great workplace cultures.

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.

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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.

Kulvin Suri

Chief, Corporate Communications-India & SEA

Tata Steel