Tata Steel Enhances Community Safety Through Employee Volunteerism

Sukinda,(prabahatv) : Continuing with their commitment to the well-being of communities, employees of Tata Steel’s Ferro Alloys and Minerals Division (FAMD) organised yet another employee volunteerism initiative at the Sukinda Chromite Mine campus where they affixed fluorescent stickers on the bicycles of school children, community youth and workers. The move aimed at enhancing safety within the community.

Recognizing the importance of visibility, particularly during night time, the employees embarked on a mission to improve safety measures for the communities in and around the mine. This innovative initiative will not only enhance the visibility of bicycles, but will also contribute to accident prevention, a critical concern in areas like Sukinda region. By significantly increasing the visibility of the bicycles, Tata Steel and its employees aim to reduce the risk of accidents, especially during low-light conditions.

Commenting on the initiative, Pankaj Satija, Executive-In-charge (FAMD), Tata Steel, said, “We believe in the power of collective action to create positive change within our communities. The employee-led volunteerism initiative at Sukinda Chromite Mine underscores our commitment to safety and well-being, aligning with our core values.”

Notably, employees of FAMD had earlier organised employee volunteerism at Swami Chidanand Cultural Centre in Ghagia Sahi in Kaliapani locality and at Annapurna Child Care Home at Nuagaon village in Jajpur district where they donated school bags and learning materials to the children. The staff had also undertaken a voluntary river cleaning initiative at Damasala nullah in the region.

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, 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-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 a 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. 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 ResponsibleSteel^TM 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.