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Tata Steel featured among the Top 50 India’s Best Workplaces in Manufacturing 2023 by Great Place to Work

Mumbai, February 10, 2023

~ Featured in the list for the 6th consecutive year ~

~ Recognised for inspiring trust and instilling pride among people, creating an environment that promotes camaraderie, and delivering a great workplace experience for all employees ~

Tata Steel has been acknowledged as one of India’s Best Workplaces in Manufacturing for 2023 for the sixth consecutive year by Great Place to Work. This award recognises the Company's ongoing efforts to promote a culture of high trust, honesty, professional development, and consideration for its workforce. Previously, the Company had received ‘Great Place to Work’ recognition for the sixth consecutive time for its efforts towards building an inclusive and sustainable organisation.

Atrayee Sanyal, Vice President, Human Resource Management, Tata Steel, said: “At Tata Steel, leveraging human capital is a key business imperative and the principle of always putting people first guides the Company’s policies. Our constant endeavour is to foster a work culture that promotes safety, health, diversity, competency enhancement, and the overall well-being of our employees. We are delighted to feature among India's best manufacturing workplaces and this recognition encourages us to move forward on our journey towards a better tomorrow.”

Based on a rigorous evaluation methodology, the Top 50 organisations among India's Best Workplaces in Manufacturing 2023 have been recognised. These organisations among other practices particularly excel both in people practices that they have crafted for their employees and proactively acting on the feedback to create a High Trust Culture.

Tata Steel has always been a pioneer in introducing welfare policies for employees from all walks of life. These initiatives include the onboarding of Transgender persons and Women in core mining operations, Agile Working Models, Extended Maternity Leaves, and benefits for LGBTQ+ partners. The Company has also been at the forefront in the areas of hiring, engagement, diversity & inclusion, incentives and recognition, and performance management. As a leader in progressive people first approach, Tata Steel’s aspiration is to be an employer of choice, taking care of the needs of its diverse workforce.

Great Place to Work, a leading global authority on workplace culture, has been researching employee experience and people management strategies across industries for more than three decades. More than 10,000 businesses from over 60 nations collaborate with the Great Place to Work Institute each year on assessment, benchmarking, and action planning to improve their 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.

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

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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.

For media enquiries contact:

Sarvesh Kumar

Chief, Corporate Communications - Tata Steel

E-mail: sarvesh.kumar@tatasteel.com

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