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Tata Steel Foundation and Kotak Mahindra Bank host state-level programme on Community-based Biodiversity Conservation in Odisha

Bhubaneswar, Odisha, August 31, 2025

Bhubaneswar, Odisha, August 31, 2025 – Tata Steel Foundation has signed a Memorandum of Understanding (MoU) with the Housing & Urban Development Department (H&UDD), Government of Odisha, to advance inclusive and liveable urban habitats in informal settlements. This strategic collaboration aims to reduce urban inequality by unlocking public entitlements and establishing scalable models of inclusive habitat development.

The MoU was signed in the presence of Hon’ble Chief Minister Shri Mohan Charan Majhi during the State-level celebration of Local Self-Governance Day at Rail Auditorium, Bhubaneswar. The event was attended by Smt. Usha Padhee, Principal Secretary, H&UDD; Shri Arindam Dakua, Director Municipal Administration and other senior government officials. Mr. Sourav Roy, Chief Executive Officer, signed the MoU on behalf of Tata Steel Foundation.

This partnership in being built on a successful collaboration which was initiated in November 2022. Since then, it has already impacted over 1.34 lakh slum households across five municipal corporations through improved tenure security, access to basic services, and better living conditions.

On the occasion, Sourav Roy said: “The signing of this MoU is a significant milestone for us, as it underscores our commitment to making urban settlements inclusive, while unlocking public entitlements for urban slum dwellers and ensuring land rights certificates are made accessible to eligible citizens. Our teams at Bhubaneswar have actively engaged with urban slum residents to identify challenges, information gaps, felt need – through a data-driven survey, and are now emerging as policy advocacy committees for the Government of Odisha. We are happy to be recognised for these focussed efforts leading up to this meaningful partnership that is being initiated today. We are confident to learn and make strides in collaborative efforts in strengthening city-level systems.”

Under the new MoU, the Foundation will continue the State-level Mission Management Unit and deploy dedicated teams across 10 districts and 19 Urban Local Bodies (ULBs). The initiative is expected to directly benefit approximately 2.28 lakh slum households by enabling access to social welfare schemes and transforming informal settlements into inclusive, resilient urban habitats.

Effective for a period of four years, the MoU reinforces Odisha’s commitment to inclusive urban development by aligning government leadership with corporate implementation capacity. It aims to strengthen city-level systems, empower community institutions, and translate policy intent into measurable, replicable outcomes. The collaboration sets a precedent for transformative habitat development, demonstrating how strategic partnerships can drive scalable impact in informal urban settlements.

This partnership and the subsequent extension of the project will help boost Tata Steel presence in Odisha. In addition, it will enable the Foundation to leverage its expertise in working with the last mile community and significantly enhancing the social impact work across urban slums in Odisha.

About Tata Steel Foundation:
In order to recognise the shifts that will govern the next decade in the development space and to take forward our ambition of emerging as a thought leader of this space, the Tata Steel Foundation – a section 8 Company – was established in 2016. With over 1,500 members spread over ten units and six states of Jharkhand, West Bengal, Odisha, Uttar Pradesh, Maharashtra and Punjab, the Foundation is a community development implementing organisation focused upon co-creating solutions with tribal and excluded communities in order to address their development challenges. In FY25, the Foundation reached 6.3 million lives through its consolidated programme portfolio effectively positioned under Impact Pathways on Public Health, Education, Livelihoods, Gender and Community Enterprise, Infrastructure and Tribal Identity, at a commitment of over 582.27 crores. It is committed towards playing a larger role in India’s sustainable development as roadmap to achieving its vision to create ‘an enlightened and equitable society where every individual realizes her potential with dignity’.

For more information, pls connect with
Shuvra R (r.shuvra@tatasteelfoundation.org)

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, adverse communitarian situation in the geographies which the company operates in, 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 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 around US$26 billion in the financial year ending March 31, 2025.
  • A Great Place to Work®-certified organisation, Tata Steel Limited, together with its subsidiaries, associates, and joint ventures, is spread across five continents with an employee base of over 76,000.
  • Tata Steel has announced its major sustainability objectives including Net Zero by 2045.
  • The Company has been on a multi-year digital-enabled business transformation journey intending to be the leader in ‘Digital Steel making’. The Company has received the World Economic Forum’s Global Lighthouse recognition for its Jamshedpur, Kalinganagar, and IJmuiden Plants. Tata Steel has also been recognised with the ‘Digital Enterprise of India – Steel’ Award 2024 by Economic Times CIO.
  • 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 among the top 10 steel companies in the DJSI Corporate Sustainability Assessment since 2016.
  • Tata Steel’s Jamshedpur Plant is India’s first site to receive ResponsibleSteelTM Certification. Subsequently, its Kalinganagar and Meramandali plants have also received the certification. In India, Tata Steel now has more than 90% of its steel production from ResponsibleSteelTM certified sites.
  • Received Prime Minister’s Trophy for the best performing integrated steel plant for 2016-17, 2025 Steel Sustainability Champion recognition from worldsteel for eight years in a row, CDP 2024 ‘Supplier Engagement Assessment’ Leader, Top performer in Iron and Steel sector in Dun & Bradstreet's India's top 500 companies 2022, Ranked as the 2024 most valuable Mining and Metals brand in India by Brand Finance, ‘Most Ethical Company’ award 2021 from Ethisphere Institute, and ‘Best Corporate for Promotion of Sports’ recognition at the Sportstar Aces Awards 2024.
  • Received the 2023 Global ERM (Enterprise Risk Management) Award of Distinction at the RIMS ERM Conference 2023, ‘Masters of Risk – Risk Technology’ recognition at The India Risk Management Awards, and ICSI Business Responsibility and Sustainability Award 2023 for its first Business Responsibility and Sustainability Report (BRSR), Excellence in Financial Reporting FY20 from ICAI, among several others.

 

Photographs: Management and Plant facilities

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Website: www.tatasteel.com and www.wealsomaketomorrow.com

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