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Integrated report Statutory reportS FInancIal StatementS
Management Discussion and Analysis

a neighbour of choice for its key communities. It has adopted an Business Responsibility Report
innovative business approach to balance social, environmental In line with the regulation 34 (2) (f) of the SeBI listing regulations,
and economic gain by embedding sustainability in the respective the Company reports on its business responsibility. the Business
businesses’ strategy. Key sustainability indicators monitored by the responsibility report is available as a separate section in the
Company on a regular basis include the internally developed tools prescribed format. It details all actions taken by the Company
responsible Manufacturing Index (‘rMI’) and the Sustainability on the 9 business responsibility principles i.e. Business ethics,
assessment Framework (‘SaF’). product responsibility, Wellbeing of employees, Stakeholder
engagement, Human rights, environment, public policy, CSr and
efficient energy and waste management, emphasis on recycling
of water, recyclable packaging, commitment towards epr, Customer relations. It is also hosted on the Company’s website at
reuse/recycling of solid waste, watershed, natural capital, waste www.tatachemicals.com.
composting, biodiversity conservation measures, drinking water
for community, self-help groups, etc. are some of the continuous United Nations Global Compact
efforts that the Company undertakes for inclusive growth of all its the ungC is a non-binding united nations pact to encourage
stakeholders. businesses worldwide to adopt sustainable and socially responsible
policies and to report on their implementation. the Company is
tCl uses frameworks such as ISo 14001, oHSaS 18001, global a signatory to ungC that promotes 10 principles in the areas of
reporting Initiative (‘grI’), Carbon disclosure, International human rights, labour standards, environment and anti-bribery. the
Integrated reporting Council (‘IIrC’), united nations global Company has been preparing and uploading the Communication
Compact (‘ungC’), Science Based targets Initiative (‘SBti’) etc. to on progress (‘Cop’) since 2005. the Company has uploaded a
share its performance with stakeholders. this gives the Company comprehensive communication on progress since last year and
an opportunity to get feedback from the stakeholders and engage has included all the entities across the enterprise for the same. It
with the key customers under supply chain programmes. will continue to do so going forward. the Company continues its
commitment to ungC and will submit its Cop on the 10 ungC
Integrated Report principles for FY 2019-20. the details of ungC can be viewed
the Company has adopted IIrC framework to establish integrated on www.unglobalcompact.org and on the Company’s website
reporting within the mainstream business. In accordance with the www.tatachemicals.com.
IIrC Framework, the Company has included an Integrated report
<Ir> as part of this annual report. the <Ir> seeks to provide a Carbon Disclosure Project
concise and integrated account of how the Company’s Strategy, Cdp is a not-for-profit organisation that facilitates the global
governance, performance and prospects are delivering on its disclosure system for investors, companies, cities, states and regions
core purpose – being a global company. the <Ir> encompasses on taking urgent action to build a truly sustainable economy by
all key non-financial performance indicators which are material measuring and understanding their environmental impact. It has
to the Company as per grI, ungC and Carbon disclosure developed a system that leads an engagement on environmental
project (‘Cdp’). It plays a crucial role in establishing the linkages issues across the world. the Company has been reporting on Cdp
between environmental and social sustainability as well as the climate change, Cdp water and Cdp supply chain since 2007.
financial growth of the organisation. the <Ir> contains assured they provide guidance for climate change reporting and help
sustainability data for FY 2019-20 for entities across the enterprise. companies evaluate their sustainability performance. tCl aims to
all additional information from all geographies, not covered under perform better on YoY scores to achieve the desired goal.
the <Ir>, will also be available in the public domain shortly and
can be viewed in the Sustainability section of the Company’s
website at www.tatachemicals.com.

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