Tata Steel’s OMQ Division bags the prestigious Greentech Energy Conservation Award 2021
~ Recognition of Company’s commitment to drive sustainable practices ~
~ Participated in the 2-day Greentech Safety Culture & Energy Summit 2021 at Sonmarg, J&K ~
Tata Steel’s Ores, Mines & Quarries (OMQ) division has been conferred the prestigious ‘Greentech Energy Conservation Award 2021’ during the two-day Greentech Safety Culture & Energy Summit 2021 organised by the Greentech Foundation at Sonmarg, Jammu & Kashmir on Thursday, August 26, 2021.
D B Sundara Ramam, Vice President, Raw Materials, Tata Steel, said: “We are honoured to be recognised for our efforts towards energy conservation and adoption of innovative environmental management practices across the OMQ Division. We are implementing the concept of responsible mining to harmonise economic growth and environmental protection across all our mining locations. As a responsible corporate, we will continue to work towards sustainable development for a better tomorrow.”
Sanjay Kumar Roy, Head Power Distribution, OMQ Division, Tata Steel, along with Pramod Kumar Singh, Senior Manager (EEI), Equipment & Maintenance, Noamundi & Katamati, Tata Steel, received the award on behalf of the OMQ Division, Tata Steel, from Dharam Pal, IAS, Advisor to Administrator, Chandigarh and Kamlesh Sharan, Founder & CEO, Greentech Foundation. During the summit, Sanjay Kumar Roy, Head Power Distribution, OMQ Division, Tata Steel also presented a paper on ‘Energy Conservation steps taken by Tata Steel at OMQ Division’.
Tata Steel’s OMQ Division received the award for its outstanding achievements in energy conservation. The award is a reflection of the concerted and multiple efforts made by the division in energy conservation including setting up a 3 MW Solar Power Plant to reduce the carbon footprint and generate power in a sustainable manner, installation of solar operated tube-wells for the community, replacement of energy source from diesel to battery for operation of air conditioning system in the Heavy Earth Moving Machinery, installation of VVF drive and energy-efficient motors in the processing plant, etc. The environmental policy of Tata Steel emphasises efficient use of natural resources & energy, waste avoidance and recycling measures.
Through this award, Greentech Foundation recognises and felicitates outstanding and exemplary initiatives and practices adopted to conserve energy by reducing energy consumption and adoption of renewable energy sources to achieve pollution free environment. The two-day summit was attended by a mix of energy, power, admin and environmental professionals, regulatory authorities and practitioners related to Energy Conservation, Energy Efficiency, Environment Protection and Climate Change.
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 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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