Tata Steel’s Kalinganagar and Meramandali plants receive ResponsibleSteelTM Certification

Mumbai, February 09, 2024

~ The Company’s Jamshedpur Steel plant was the 1st to receive ResponsibleSteel certification in India ~

~ ResponsibleSteel is a global multi-stakeholder standard and certification programme for steel producers ~

Tata Steel continues to lead the way in sustainable steel production as its Kalinganagar and Meramandali plants receive the prestigious ResponsibleSteel^TM Certification. This marks a significant milestone in the Company's sustainability journey, following Jamshedpur's historic achievement as the first Indian steel plant to receive the certification in 2022. In India, Tata Steel now has more than 90% of its steel production from ResponsibleSteel^TM certified sites.

Three facilities in Jamshedpur – Steel Works, Tubes Division, and Cold Rolling Mill (Bara) were awarded the certification in October 2022. The inclusion of Kalinganagar and Meramandali plants reaffirms the Company’s dedication to responsible business practices and environmental stewardship.

ResponsibleSteelTM is the steel industry’s first global multi-stakeholder standard and certification initiative that works with steel producers, consumers, and intermediaries towards building a sustainable steel industry by addressing pressing challenges including climate change, diversity, human rights, and more.

T. V. Narendran, CEO & MD, Tata Steel, said: "The ResponsibleSteel Certification for our sites is a testament to Tata Steel's unwavering commitment to sustainability. It reflects our proactive approach towards addressing the evolving challenges of the steel industry and shaping a better tomorrow. I sincerely appreciate the ResponsibleSteel team, the auditors, the assurance panel, and the team at Tata Steel for their efforts in achieving this milestone. We are progressing well towards our target of certifying all our existing steelmaking sites in India by 2025."

Annie Heaton, CEO of ResponsibleSteel commented, “With the audit process for these two new site certifications, Tata Steel has demonstrated its commitment to openly progress its social and environmental responsibilities. During the audits, both sites’ GHG emissions reduction strategies and water stewardship programmes were highlighted for their robustness. The ResponsibleSteel Standard goes further, beyond managing a site’s environmental impacts, and aims to support sites to ensure the wellbeing of the site’s workers and local communities.”

Annie continued, “Tata Kalinganagar has demonstrated continued determination to work with the community following a history of protests and the relocation of local people, working to provide quality housing and improved health and education through the Tata Steel Medica Hospital and the Loyola School. Likewise, interviews with a range of external stakeholders at the Meramandali site pointed to the commitment of the site to the community and workers reported improved health and safety procedures following Tata’s acquisition of the site. Steelmaking is a complex and often hazardous process, and the site and the company’s commitment to continuously bettering health and safety to mitigate future risk is well noted. Overall, the auditors were encouraged by the continued progress both sites are committed to making through the ResponsibleSteel certification programme.”

Tata Steel was the first member of ResponsibleSteelTM from India and is undergoing assessment under the ResponsibleSteel™ framework for its various sites. The ResponsibleSteel™ certification process involves a detailed review of key policies and the working for the site by an independent external assessor.

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 queries and information

Sarvesh Kumar,

Chief Corporate Communications - Tata Steel,

E-mail : sarvesh.kumar@tatasteel.com

About ResponsibleSteel

ResponsibleSteel is a global multistakeholder standard and certification initiative for the steel industry. Its mission is to be a driving force in the socially and environmentally responsible production of net-zero steel, globally. ResponsibleSteel’s members include some of the leading players in the industry working together to minimise the impact of steel manufacturing on people and the planet. Businesses from every part of the steel value chain, civil society groups, and other organisations are welcome to join.

ResponsibleSteel’s underlying purpose is to maximise steel’s contribution to a sustainable world by:

Providing a multi-stakeholder forum to build trust and achieve consensus;
Developing standards, certification and related tools;
Driving positive change through the recognition and use of responsible steel

The ResponsibleSteel International Standard is designed to support the responsible sourcing and production of steel. It covers a range of sustainability issues including emissions, pollution, responsible sourcing, human rights, labour standards, and more. For more information about ResponsibleSteel please visit https://www.responsiblesteel.org/.

About Tata Steel

Tata Steel group is among the top global steel companies with an annual crude steel capacity of 35 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$30.3 billion in the financial year ending March 31, 2023.
A Great Place to Work-Certified^TM organisation, Tata Steel Limited, together with its subsidiaries, associates, and joint ventures, is spread across five continents with an employee base of over 77,000.
Tata Steel has announced its major sustainability objectives including Net Zero Carbon by 2045.
The Company has been on a multi-year digital-enabled business transformation journey intending to be the leader in ‘Digital Steel making by 2025’. The Company has received the World Economic Forum’s Global Lighthouse recognition for its Jamshedpur, Kalinganagar and IJmuiden Plants.
Tata Steel aspires to have 25% diverse workforce by 2025. The Company has been recognised with the World Economic Forum’s Global Diversity Equity & Inclusion Lighthouse 2023.
The Company 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.
Tata Steel’s Jamshedpur Plant is India’s first site to receive ResponsibleSteel^TM Certification.
Received Prime Minister’s Trophy for the best performing integrated steel plant for 2016-17, 2023 Steel Sustainability Champion recognition from worldsteel for six years in a row, 2022 ‘Supplier Engagement Leader’ recognition by CDP, Top performer in Iron and Steel sector in Dun & Bradstreet's India's top 500 companies 2022, Ranked as the 2023 most valuable Mining and Metals brand in India by Brand Finance, and ‘Most Ethical Company’ award 2021 from Ethisphere Institute.
Received 2023 ERM (Enterprise Risk Management) Award of Distinction at the RIMS ERM Conference 2023, ‘Masters of Risk’ - Metals & Mining Sector recognition at The India Risk Management Awards for the seventh consecutive year, and Award for Excellence in Financial Reporting FY20 from ICAI, among several others.