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Advancing Science. Contents
Integrated Report
Creating Value. Tata Chemicals: An Innovative, Science-Led 02
Sustainable Chemistry Company
04
Growing and Diversified Global Footprint
FY 2019-20 Operational and
For more than 80 years, we at Tata Chemicals have operated with a Strategic Highlights 06
sense of purpose to play an active role in shaping a better world. We Board of Directors 08
graduated from a manufacturing to a science and innovation-led Management Team 10
entity. We seeded multiple new businesses and created extensive MD & CEO’s Message 11
global footprint, manufacturing capacities and employment Our Business Model and Interlinkage
opportunities. We ensured prosperity of all stakeholders. of Capitals 12
Strategy for a Sustainable Future 14
We are determined to build our solid foundation to meet the growing expectations of our Material Issues Impacting our Strategy 20
stakeholders in the ever changing world.
Engaging with our Stakeholders 23
We have undertaken important restructuring exercise – demerging consumer product business Risk Management 24
to create an innovative, pure-play science company which is our forte. This will augment our
innovation index by delving deeper into science to develop unique solutions, besides making Advancing Digitalisation and Innovation
our business more efficient, streamlined and synergistic. We are also making strategic capex for a Better Tomorrow 28
investments in high-potential and newly seeded portfolios as well as towards embedding Enhancing Health and Safety Practices 31
sustainability in all our operations and decision-making.
People are Critical in a Science-led Future 34
Our efforts are strengthening our business model and positioning us to create value for our Driving Prosperity of the Communities 36
stakeholders at economic, social and environmental levels.
Stepping up Sustainability Commitment 40
Basic Chemistry Business 44
Our six capitals Agri Sciences 52
Nutritional Sciences 54
Material Sciences and Energy Sciences 56
Financial capital Social & Relationship capital Results at a Glance 57
Pool of funds (debt and equity) used to Initiatives we undertake for the welfare of the
sustain and create additional value across communities, supply partners, dealers and Statutory Reports
all capitals. customers to secure our reputation as a trusted, Board’s Report 58
long-term partner of choice and the license Management Discussion and Analysis 100
to operate.
Corporate Governance Report 123
Manufacturing capital Business Responsibility Report 149
Plants, warehouses, logistics facilities and
physical assets in which we have made Human capital Financial Statements
financial investment to ensure sustained The knowledge, skills, experience and Standalone Financial Statements 163
and efficient operations and generate motivation of our employees on which we Consolidated Financial Statements 234
long-term returns. depend on for value creation.
Form AOC-1 318
Notice 320
Intellectual capital Natural capital
Financial Statistics 333
Scientific knowledge, research & development Renewable and non-renewable natural
(R&D) capabilities and innovation resources such as raw materials, land, water Abbreviations 335
quotient which is core to our business for and energy which we use in our operations to
product development and provides us generate social and economic value; and which
competitive edge. has unavoidable environmental impacts.
81 Annual General Meeting
st
Date: Tuesday, July 7, 2020
Time: 3.00 p.m. (IST)
Through Video Conference facility