Page 122 - Tata_Chemicals_yearly-reports-2019-20

Water withdrawal pattern itself and identifying levers for gHg emission reductions across the
Municipal water 0% enterprise while still pursuing a growth strategy.
(235 Mega liters)
ground water 0% rain water 0% Business Excellence
(64 Mega litres) (216 Mega litres)
the Company remains committed to continually raising the bar
on performance in all aspects of its business. the tata Business
28% Surface water excellence Model (‘tBeM’) serves as a pivotal framework that
(27,213 Mega litres)
allows the Company to gain insights into its performance and
establish continuous improvement initiatives for attaining
superior business results and maximising satisfaction and value
to the customers. the tBeM framework comprises six core areas
Sea water 72% of business excellence: leadership, Strategic planning, Customer
(70,535 Mega litres) Focus, analysis & Knowledge Management, Workforce Focus and
process Management. For the Company, a global organisation that
has its manufacturing operations spread across four continents,
Surface water Sea water Municipal water with diverse business segments and employees from different
rain water ground water cultures, tBeM serves as a platform to establish a common
standard of excellence. the Company participated in the tata
group level tBeM assessments in 2019, which provided valuable
Energy consumption pattern [terajoule (tJ)] inputs into the strengths and areas of focus for the Company. this
helps tCl to strengthen the culture of excellence and progress
north 160 towards becoming a world-class organisation.
america 17,117

India 38 Internal Controls
22,851
the Company has an independent Internal audit function with
7 well-established risk management processes both at the business
uK
7,001 and corporate levels. the scope and authority of the Internal audit
100 function is derived from the Internal audit Charter approved by
Magadi
767 the audit Committee. the Company has engaged a reputable
external firm to support the Internal auditor for carrying out the
Indirect energy direct energy Internal audit reviews.
reviews are conducted on an on-going basis, based on a
Carbon footprint (Metric Kiloton) comprehensive risk based audit plan, which is approved by the
audit Committee at the beginning of each year.
north 27.6 the audit Committee meets on a quarterly basis to review and
america 1,564.5
discuss the various Internal audit reports and follow up action plans
4.6 of past significant audit issues and compliance to the audit plan.
India
2,346.7
the Chairperson of the audit Committee has periodic one-on-one
0.5
uK 415.5 meetings with the Internal auditor & Controller – risk to discuss
any key concerns.
10
Magadi
120.1
Risk Management Framework
Scope 1 gHg emissions Scope 2 gHg emissions the following section discusses various dimensions of the
Company’s enterprise risk Management (‘erM’) system. the risk-
Science Based Targets Initiative related information outlined in this section is not exhaustive and
is for information purposes only. the discussion may contain
the SBti is a partnership between Cdp, ungC, WrI and statements which may be forward-looking in nature.
World Wide Fund (‘WWF’), which helps companies determine how
much and how quickly they need to reduce greenhouse gas (gHg) the Company’s business model is subject to uncertainties that
emissions in line with climate science to future-proof growth. tCl may cause actual results to differ materially from those reflected in
has signed up for SBti and is working towards setting a target for any forward-looking statements.

120 I Integrated annual report 2019-20