Tata Steel certified ‘Great Place to Work’ for the sixth consecutive time
~ The Company receives certification as a recognition of its industry-led policies and efforts towards employee welfare and well-being ~
Tata Steel has been certified as ‘Great Place to Work’ by Great Place to Work Institute for 2023. This is the sixth consecutive year that the Company has received the recognition for its efforts towards building an inclusive and sustainable organisation.
Since its inception, Tata Steel has introduced several path-breaking policies and practices for employee welfare and well-being. The Great Place to Work assessment found Tata Steel excelling on the 5 dimensions of a High-Trust, High-Performance Culture – Credibility, Respect, Fairness, Pride and Camaraderie.
On the occasion, Atrayee Sanyal, Vice President, Human Resource Management, Tata Steel, said: “We are honoured to receive the 'Great Place to Work' certification for the 6th consecutive year. Over the years, we have invested in our people, processes and supporting ecosystem, and have strived to build caring and collaborative relationships based on trust and mutual respect, paving the way for a ‘Respectful workplace’ for all. Tata Steel aspires to achieve the goal of 25% diverse workforce by 2025, thus building on the philosophy of creating and sustaining a diverse and inclusive work environment that encourages every individual to bring their most authentic selves to the workplace.”
This coveted title recognises Tata Steel's efforts to uphold its position as a global employer that is evolving and embracing diverse skill sets, constant innovation, sustainable growth, and improved quality of life. Great Place to Work acknowledges the Company’s consistent efforts to encourage people with its pioneering HR programmes especially in the areas of affirmative action, welfare of tribal communities, being sensitive to the needs of the LGBTQIA+ community and much more.
In its continued pursuit of people-first approach, Tata Steel introduced Agile working model, and other policies targeted towards improving employee experience and work-life balance for its employees across its offices and operating locations. These policies, including Sabbatical leave, Creche Policy, Extended maternity leave & surrogacy leave, child care leave, Equal opportunity & anti-discrimination policy, new-born parental leave (including male employee, transgender, or one partner of gay/lesbian couple), adoption leave (for female employees, transgender or anyone in case of same-sex partners), nursing breaks, Raahat-Menstrual leave, Take Two Policy - providing women professionals having relevant qualification and experience, on a career break or otherwise with work avenues in the form of short-term assignments/projects, Social security schemes for families etc., are conceptualised and implemented with the purpose of fostering a culture of inclusivity, trust & outcome based performance. Tata Steel aspires to be an employer of choice in the steel industry, taking care of the needs of its diverse workforce.
More than 10,000 companies from more than 60 nations collaborate with the Great Place to Work® Institute each year to review, benchmark, and develop initiatives to improve their workplace cultures. The technique used by the Great Place to Work® Institute is acknowledged as a thorough and unbiased method for evaluating work cultures. It is regarded as the gold standard for identifying and honouring outstanding 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 recorded a consolidated turnover of US $ 32.83 billion in the financial year ending March 31, 2022.
A Great Place to Work-CertifiedTM organisation, Tata Steel Limited, 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 10 steel companies in the DJSI Corporate Sustainability Assessment since 2016. Besides being a member of ResponsibleSteelTM, worldsteel’s Climate Action Programme and World Economic Forum’s Global Parity Alliance, 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 2021 and top 10 sustainable organisations of India Hurun Research Institute in the 2021 Capri Global Capital Hurun India Impact 50, received Steel Sustainability Champion recognition from worldsteel for five years in a row, ‘Most Ethical Company’ award 2021 from Ethisphere Institute, RIMS India ERM Award of Distinction 2021, Masters of Risk - Metals & Mining Sector recognition at The India Risk Management Awards for the sixth consecutive year, and Award for Excellence in Financial Reporting FY20 from ICAI, 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.
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