Tata Steel’s FAMD Bags Kalinga Environment Excellence Award
Bhubaneswar : Tata Steel’s Ferro Alloys and Minerals Division (FAMD) has won the prestigious Kalinga Environment Excellence Award at the 9th National conclave onenvironment, energy and climate change organised at a city hotel here on Saturday. The award was conferred to the company’s Sukinda Chromite Mine in the Five Star category for the Performance Year 2023 for its outstanding achievements in environmental conservation and sustainable development practices.
ShambhuNathJha, Chief (Mines), FAMD and Biswaranjan Dhal, Assistant Manager (Environment), FAMD received the award on behalf of the company from distinguished guest Her Excellency Lebohang Valentine Mochaba, High Commissioner, Kingdom of Lesotho during the conclave.
Organised by the Institute of Quality and Environment Management Services (IQEMS) and Institute of Public Enterprise (IPE), Hyderabad, the event witnessed esteemed environmentalists, sustainability champions and industry stalwarts who deliberated on pressing issues pertaining to environment, energy and climate change.
Thanking the jury for the award, Pankaj Satija, Executive-In-charge (FAMD), Tata Steel, said, “We all are aware of the interconnectedness of water, energy, food and climate change. While we have implemented smart water management system for enhancing water use efficiency to make water available for other sectors, we are also working on recovering value from the waste. Instead of aggregates from a quarry, Ferro Chrome Slag chips are being used in making roads for safe movement of vehicle inside the plant. Energy efficient equipment and cleaner fuel for lower carbon footprint are our humble contributions for a greater cause.”
Aiming to minimize its carbon footprint further, the steel major has also signed agreements with GAIL (India) Limited, Bharat Petroleum Corporation Limited (BPCL) for cleaner fuel for its Ferro Alloys Plants and has inked an MoU with French Cleantech company METRON to design and implement an advanced energy management and optimization platform.
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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 incidentalfactors.
For queries and information
Sarvesh Kumar,Chief Corporate Communications, Tata Steel, 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 ~US$30.3 billion in the financial year ending March 31, 2023.
- A Great Place to Work-CertifiedTMorganisation, 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 a 20% 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 amongthe top 10 steel companies in the DJSI Corporate Sustainability Assessment since 2016.
- Tata Steel’s Jamshedpur Plant is India’s first site to receive ResponsibleSteelTMCertification. Subsequently, its Kalinganagar and Meramandali plants have also received thecertification. 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, 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,‘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 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.
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