Tata Steel Honoured with Excellence in Biodiversity Management Award

Bhubaneswar : Tata Steel’s Sukinda Chromite Mine has been conferred with the “Excellence in Biodiversity” management award at the Confederation of Indian Industry (CII) ITC Sustainability Awards 2023. Operating under the company’s Ferro Alloys and Minerals Division (FAMD), the mine was honoured with the coveted award for its outstanding efforts in biodiversity conservation in and around its operational area.

Sanjiv Puri, Chairman and Managing Director, ITC Limited and President-Designate, CII, presented the prestigious award at the 18^th CII ITC Sustainability Awards organised at Taj Mahal Hotel in New Delhi. Devraj Tiwari, Head (Mining), Sukinda Chromite Mine, received the award on behalf of the company.

Pankaj Satija, Executive-In-Charge (FAMD), Tata Steel, expressed his gratitude for the recognition, stating, “We are mindful of the quote of Chief Seattle that “Earth does not belong to human beings. Human being belongs to the Earth”. As a responsible corporate citizen, we have been continuously strengthening our biodiversity management practices and taking up numerous sustainability initiatives for environment conservation. I thank the jury members for recognising our unwavering commitment towards preserving biodiversity. It will surely inspire the team to continue giving our best for the cause.”

Notably, community awareness programmes like Prajatiya Khadyotsav (authentic tribal food and culture festival), Green Therapy (ethnobotanical knowledge sharing festival), Jaibakala Vividhata (event to promote biodiversity through art), Sarjom Baa (tribal music festival), conservation measures for the local silkworm species Sukinda Ecorace, Butterfly Garden, Medicinal Park by the steel major earned the praise of the assessors of the award.

Tata Steel’s holistic approach to biodiversity management aligns with its broader sustainability goals, including reducing greenhouse gas emissions, promoting circular economy principles, and fostering social inclusion.

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 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-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. Subsequently, its Kalinganagar and Meramandali plants have also received thecertification. 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 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.